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EverQuote (EverQuote) Change In Receivables : $12.4 Mil (TTM As of Dec. 2023)


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What is EverQuote Change In Receivables?

EverQuote's change in receivables for the quarter that ended in Dec. 2023 was $2.5 Mil. It means EverQuote's Accounts Receivable declined by $2.5 Mil from Sep. 2023 to Dec. 2023 .

EverQuote's change in receivables for the fiscal year that ended in Dec. 2023 was $12.4 Mil. It means EverQuote's Accounts Receivable declined by $12.4 Mil from Dec. 2022 to Dec. 2023 .

EverQuote's Accounts Receivable for the quarter that ended in Dec. 2023 was $21.2 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. EverQuote's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. EverQuote's liquidation value for the three months ended in Dec. 2023 was $23.8 Mil.


EverQuote Change In Receivables Historical Data

The historical data trend for EverQuote'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.

EverQuote Change In Receivables Chart

EverQuote Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -15.23 -19.80 -6.36 -18.88 12.40

EverQuote Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables Get a 7-Day Free Trial 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 1.67 -9.23 16.43 2.68 2.52

EverQuote 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 $12.4 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.


EverQuote  (NAS:EVER) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=21.181/55.705*91
=34.70

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

EverQuote'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)
=37.956-30.018+0.75 * 21.181+0.5 * 0
=23.8

* 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.


EverQuote Change In Receivables Related Terms

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EverQuote (EverQuote) Business Description

Traded in Other Exchanges
Address
210 Broadway, Cambridge, MA, USA, 02139
EverQuote Inc is engaged in the business activity of offering an online marketplace for insurance shopping. The online marketplace offers consumers to find relevant insurance quotes based on car insurance, home insurance, and life insurance. The platform of the company is driven by data science. The firm's data and technology platform match and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. It derives a majority of revenue from Direct channels.
Executives
Joseph Sanborn officer: Chief Financial Officer C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
David Brainard officer: Chief Technology Officer 201 BROADWAY, SUITE 401, CAMBRIDGE MA 02139
Jon Ayotte officer: Chief Accounting Officer C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
Paul F Deninger director C/O JEFFERIES & CO., 1050 WINTER STREET, WALTHAM MA 02451
Jayme Mendal officer: Chief Revenue Officer 210 BROADWAY, CAMBRIDGE MA 02139
Darryl Auguste officer: See Remarks 210 BROADWAY, CAMBRIDGE MA 02139
John L. Shields director 210 BROADWAY, CAMBRIDGE MA 02139
John Brandon Wagner officer: See Remarks 210 BROADWAY, CAMBRIDGE MA 02139
Julia Brncic officer: General Counsel 210 BROADWAY, CAMBRIDGE MA 02139
David W Mason officer: General Counsel and Secretary 210 BROADWAY, CAMBRIDGE MA 02139
Nicholas Graham officer: Chief Revenue Officer 210 BROADWAY, CAMBRIDGE MA 02139
Tomas Jr Revesz officer: Chief Technology Officer 210 BROADWAY, CAMBRIDGE MA 02139
David B Blundin director, 10 percent owner C/O MICROSTRATEGY INC, 1861 INTERNATIONAL DR, MCLEAN VA 22102
George R Neble director 210 BROADWAY, CAMBRIDGE MA 02139
Elyse Neumeier officer: Chief People Officer 210 BROADWAY, CAMBRIDGE MA 02139

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