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LegalZoom.com (LegalZoom.com) Change In Receivables

: $1.4 Mil (TTM As of Dec. 2023)
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LegalZoom.com's change in receivables for the quarter that ended in Dec. 2023 was $2.4 Mil. It means LegalZoom.com's Accounts Receivable declined by $2.4 Mil from Sep. 2023 to Dec. 2023 .

LegalZoom.com's change in receivables for the fiscal year that ended in Dec. 2023 was $1.4 Mil. It means LegalZoom.com's Accounts Receivable declined by $1.4 Mil from Dec. 2022 to Dec. 2023 .

LegalZoom.com's Accounts Receivable for the quarter that ended in Dec. 2023 was $11.7 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. LegalZoom.com's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LegalZoom.com's liquidation value for the three months ended in Dec. 2023 was $-44.5 Mil.


LegalZoom.com Change In Receivables Historical Data

The historical data trend for LegalZoom.com'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.

* Premium members only.

LegalZoom.com Annual Data
Trend Dec10 Dec11 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Premium Member Only Premium Member Only -0.41 0.95 -1.51 -2.51 1.44

LegalZoom.com Quarterly Data
Dec11 Mar12 Jun12 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 -2.59 2.27 -0.63 2.39

LegalZoom.com 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.4 Mil.

* 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.


LegalZoom.com  (NAS:LZ) 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.

LegalZoom.com's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=11.738/158.663*91
=6.75

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

LegalZoom.com's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=225.719-278.984+0.75 * 11.738+0.5 * 0
=-44.5

* 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.


LegalZoom.com Change In Receivables Related Terms

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LegalZoom.com (LegalZoom.com) Business Description

Traded in Other Exchanges
Address
101 North Brand Boulevard, 11th Floor, Glendale, CA, USA, 91203
LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States.
Executives
Richard Preece officer: COO and Chief Product Officer 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Nicole Miller officer: General Counsel 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Lucaszoom Llc director, 10 percent owner LUCASZOOM LLC, 3000 SAND HILL ROAD, BUILDING 1, SUITE 1, MENLO PARK CA 94025
Dipan Patel director, 10 percent owner LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Daniel A Wernikoff director, officer: Chief Executive Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Noel Bertram Watson officer: Chief Financial Officer 400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
Shrisha Radhakrishna officer: Chief Technology Officer 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Neil Tolaney director TECHNOLOGY CROSSOVER MANAGEMENT, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Sivan Whiteley director 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Elizabeth Hamren director 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Brian Ruder director, 10 percent owner LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Francisco Partners Management, Lp 10 percent owner ONE LETTERMAN DRIVE, BUILDING C, SUITE 410, SAN FRANCISCO CA 94129
Permira V L.p.2 director, 10 percent owner TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 6DJ
Christine T Wang director ONE LETTERMAN DRIVE, BLDG C, STE 410, SAN FRANCISCO CA 94129
Khai Ha director C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105