LogMeIn (LogMeIn) Change In Receivables : $-21 Mil (TTM As of Jun. 2020)

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What is LogMeIn Change In Receivables?

LogMeIn's change in receivables for the quarter that ended in Jun. 2020 was $-2 Mil. It means LogMeIn's Accounts Receivable increased by $2 Mil from Mar. 2020 to Jun. 2020 .

LogMeIn's change in receivables for the fiscal year that ended in Dec. 2019 was $-14 Mil. It means LogMeIn's Accounts Receivable increased by $14 Mil from Dec. 2018 to Dec. 2019 .

LogMeIn's Accounts Receivable for the quarter that ended in Jun. 2020 was $109 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. LogMeIn's Days Sales Outstanding for the three months ended in Jun. 2020 was 28.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LogMeIn's liquidation value for the three months ended in Jun. 2020 was $-799 Mil.

LogMeIn Change In Receivables Historical Data

The historical data trend for LogMeIn's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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LogMeIn Change In Receivables Chart

LogMeIn Annual Data

Trend

Dec10

Dec11

Dec12

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Dec16

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Dec19

Change In Receivables

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2.22

-10.21

-16.62

7.75

-13.52

LogMeIn Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Change In Receivables	Get a 7-Day Free Trial															-1.91	8.50	-26.13	-0.99	-2.14

LogMeIn Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21 Mil.

LogMeIn (NAS:LOGM) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

LogMeIn's Days Sales Outstanding for the quarter that ended in Jun. 2020 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	108.959	/	350.727	*	91
=	28.35

2. In Ben Graham's calculation of liquidation value, LogMeIn's accounts receivable are only considered to be worth 75% of book value:

LogMeIn's liquidation value for the quarter that ended in Jun. 2020 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	249.464	-	1129.726	+	0.75 * 108.959	+	0.5 * 0
=	-799

LogMeIn Change In Receivables Related Terms

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LogMeIn (LogMeIn) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LogMeIn Inc (NAS:LOGM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

320 Summer Street, Boston, MA, USA, 02210

Website

https://www.logmeininc.com

LogMeIn Inc provides cloud-based collaboration and connectivity products and services in three business categories: communications and collaboration; customer engagement and support; and identity and access. Its solutions include online meeting and screen sharing, secure remote access, outsourcing customer service, and password security capabilities. The company derives revenue from subscription fees to its cloud offerings and professional services fees. It generates most of its revenue in the United States but also has a presence in the United Kingdom and other countries.

Executives

Robert Calderoni	director	851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Ita M Brennan	director	5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
David J Henshall	director	18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Peter John Sacripanti	director	4002 SOUTH OCEAN BLVD., HIGHLAND BEACH FL 33487
William Raymond Wagner	director, officer: President & CEO	C/O VOCUS, INC., 4296 FORBES BOULEVARD, LANHAM MD 20706
Edwin J Gillis	director	C/O VERITAS SOFTWARE CORP, 350 ELLIS STREET, MOUNTAIN VIEW CA 94043
Mark Finn Strassman	officer: SVP & GM, UCC	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
Padmanabhan T Srinivasan	officer: Chief Product & Tech Officer	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
John Buel Bennett	officer: SVP & GM, IAM	C/O LOGMEIN, INC. 333 SUMMER STREET BOSTON MA 02210
Michael J Donahue	officer: SVP and General Counsel	LOGMEIN, INC. 500 UNICORN PARK DRIVE WOBURN MA 01801
Steven J. Benson	director	117 KENDRICK STREET, SUITE 200, NEEDHAM MA 02494
Michael J Christenson	director	C/O ENTRAVISION COMMUNICATIONS CORP, 2425 OLYMPIC BLVD, STE 6000W, SANTA MONICA CA 90404
Sara C Andrews	director	C/O LOGMEIN, INC., 320 SUMMER STREET, BOSTON MA 02210
Richard H Veldran	officer: Chief Financial Officer	103 JFK PARKWAY SHORT HILLS NJ 07078
Edward K. Herdiech	officer: Chief Financial Officer	C/O LOGMEIN, INC. 320 SUMMER STREET BOSTON MA 02210