DIISY (Direct Line Insurance Group) Change In Receivables : $0 Mil (TTM As of Jun. 2024)

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What is Direct Line Insurance Group Change In Receivables?

Direct Line Insurance Group's change in receivables for the quarter that ended in Jun. 2024 was $0 Mil. It means Direct Line Insurance Group's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

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

Direct Line Insurance Group's Accounts Receivable for the quarter that ended in Jun. 2024 was $0 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. Direct Line Insurance Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Direct Line Insurance Group's liquidation value for the six months ended in Jun. 2024 was $-6,067 Mil.

Direct Line Insurance Group Change In Receivables Historical Data

The historical data trend for Direct Line Insurance Group'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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Direct Line Insurance Group Change In Receivables Chart

Direct Line Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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38.53

-2.15

113.56

-7.55

-0.76

Direct Line Insurance Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Direct Line Insurance Group 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 Mil.

Direct Line Insurance Group (OTCPK:DIISY) 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.

Direct Line Insurance Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	2147.201	*	91
=	0.00

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

Direct Line Insurance Group's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1904.326	-	7970.865	+	0.75 * 0	+	0.5 * 0
=	-6,067

Direct Line Insurance Group Change In Receivables Related Terms

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Direct Line Insurance Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Direct Line Insurance Group PLC (OTCPK:DIISY) » Definitions » Change In Receivables

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DLGl:UK DLG:UK D1LN:Germany

Address

Westmoreland Road, Churchill Court, Bromley, Kent, GBR, BR1 1DP

Website

https://www.directlinegroup.co.uk

Direct Line is one of the more focused insurers that we cover. The business sells personal lines insurance in four divisions: personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance. Commercial insurance is sold to small businesses and Direct Line agreed to the sale of its commercial broking business. Direct Line only sells insurance in the United Kingdom. Its personal motor insurance division typically accounts for around 60% of group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines account for around 10% and commercial insurance accounts for around 10%.