Nelnet (Nelnet) Change In Receivables : $16 Mil (TTM As of Mar. 2024)

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What is Nelnet Change In Receivables?

Nelnet's change in receivables for the quarter that ended in Mar. 2024 was $61 Mil. It means Nelnet's Accounts Receivable declined by $61 Mil from Dec. 2023 to Mar. 2024 .

Nelnet's change in receivables for the fiscal year that ended in Dec. 2023 was $-1 Mil. It means Nelnet's Accounts Receivable increased by $1 Mil from Dec. 2022 to Dec. 2023 .

Nelnet's Accounts Receivable for the quarter that ended in Mar. 2024 was $135 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. Nelnet's Days Sales Outstanding for the three months ended in Mar. 2024 was 38.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nelnet's liquidation value for the three months ended in Mar. 2024 was $-10,878 Mil.

Nelnet Change In Receivables Historical Data

The historical data trend for Nelnet'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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Nelnet Change In Receivables Chart

Nelnet Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-55.95

40.88

-86.98

-26.36

-1.36

Nelnet Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															43.68	15.47	5.60	-66.09	61.49

Nelnet 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $16 Mil.

Nelnet (NYSE:NNI) 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.

Nelnet's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	134.647	/	322.544	*	91
=	38.09

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

Nelnet's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1162.293	-	12140.882	+	0.75 * 134.647	+	0.5 * 0
=	-10,878

Nelnet Change In Receivables Related Terms

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Nelnet (Nelnet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Nelnet Inc (NYSE:NNI) » Definitions » Change In Receivables

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NIJ:Germany

Address

121 South 13th Street, Suite 100, Lincoln, NE, USA, 68508

Website

https://www.nelnet.com

Nelnet Inc is a United States based company engaged in these five segments; Loan Servicing and Systems focuses on student and consumer loan origination services and servicing, loan origination and servicing-related technology solutions, and outsourcing business services, Education Technology, Services, and Payment Processing provides education services, payment technology, and community management solutions for K-12 schools, institutions, churches, and businesses, Asset Generation and Management Includes the acquisition and management of student and other loan assets, Nelnet Bank focuses on the private education and unsecured consumer loan markets, and Communications provides fiber optic service for internet, telephone, and television services.

Executives

William J Munn	officer: Secy, Chief Legal Off, Gen Cou	121 S. 13TH STREET, SUITE 100, LINCOLN NE 68508
Van Deun Jona M	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Dan D Muhleisen	10 percent owner	6321 DOECREEK CIRCLE, LINCOLN NE 68516
Preeta D Bansal	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
David S Graff	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kimberly Kay Rath	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Kathleen Anne Farrell	director	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Matthew W Dunlap	director, officer: Chief Business Develop. Off.	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Magnolia Capital Fund, Lp	other: See remarks	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc	other: See remarks	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Adam K Peterson	director, other: See below	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Shelby J Butterfield	10 percent owner	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Michael S Dunlap	director, 10 percent owner, officer: Chairman, Co-Chief Ex. Officer	121 SOUTH 13TH STREET, SUITE 100, LINCOLN NE 68508
Joann M Martin	director	6221 ANDREW COURT, LINCOLN NE 68512
Angie Mulheisen	10 percent owner	3643 S 48TH STREET P O BOX 82535, LINCOLN NE 68501-2535