Bankrate (Bankrate) Change In Receivables : $-8.1 Mil (TTM As of Jun. 2017)

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What is Bankrate Change In Receivables?

Bankrate's change in receivables for the quarter that ended in Jun. 2017 was $-16.2 Mil. It means Bankrate's Accounts Receivable increased by $16.2 Mil from Mar. 2017 to Jun. 2017 .

Bankrate's change in receivables for the fiscal year that ended in Dec. 2016 was $12.3 Mil. It means Bankrate's Accounts Receivable declined by $12.3 Mil from Dec. 2015 to Dec. 2016 .

Bankrate's Accounts Receivable for the quarter that ended in Jun. 2017 was $66.7 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. Bankrate's Days Sales Outstanding for the three months ended in Jun. 2017 was 52.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Bankrate's liquidation value for the three months ended in Jun. 2017 was $-190.0 Mil.

Bankrate Change In Receivables Historical Data

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

Bankrate Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Change In Receivables

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8.64

-6.42

-8.56

-6.27

12.28

Bankrate Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Change In Receivables	Get a 7-Day Free Trial															4.27	-12.01	18.89	1.19	-16.20

Bankrate 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8.1 Mil.

Bankrate (NYSE:RATE) 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.

Bankrate's Days Sales Outstanding for the quarter that ended in Jun. 2017 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	66.714	/	115.924	*	91
=	52.51

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

Bankrate's liquidation value for the quarter that ended in Jun. 2017 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	188.624	-	428.657	+	0.75 * 66.714	+	0.5 * 0
=	-190.0

Bankrate Change In Receivables Related Terms

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Bankrate (Bankrate) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Bankrate Inc (NYSE:RATE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.bankrate.com

Bankrate Inc was founded in 1976 and Bankrate, Inc. was incorporated in the State of Delaware in 2011. The Company owns and operates an Internet-based consumer banking, personal finance and senior care online network. Its flagship websites include CreditCards.com, Bankrate.com, and Caring.com which provides information on more than 300 financial and senior care products and services, including credit cards, mortgages, deposits, and other personal finance categories. Additionally, it provide financial applications and information to a network of distribution partners and through national and state publications. It has three reportable segments including Credit cards, Banking, Senior Care and other.

Executives

Steven Barnhart	officer: SVP, Chief Financial Officer	1 W. ONWENTSIA ROAD, LAKE FOREST IL 60045
Richard J Pinola	director	BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Michael Joseph Kelly	director	C/O EYEBLASTER, INC., 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
John F Megrue	10 percent owner	C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Thomas R Evans	director, officer: President, CEO	11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Apax Partners Europe Managers Ltd	10 percent owner	33 JERMYN STREET, LONDON X0 SW1Y 6DN
Mitch L Truwit	director	C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Christian Robert Stahl	director	C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022

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