Globe Life (FRA:TMJ) Change In Receivables : €0 Mil (TTM As of Sep. 2024)

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What is Globe Life Change In Receivables?

Globe Life's change in receivables for the quarter that ended in Sep. 2024 was €0 Mil. It means Globe Life's Accounts Receivable stayed the same from Jun. 2024 to Sep. 2024 .

Globe Life's change in receivables for the fiscal year that ended in Dec. 2023 was €0 Mil. It means Globe Life's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Globe Life's Accounts Receivable for the quarter that ended in Sep. 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. Globe Life's Days Sales Outstanding for the three months ended in Sep. 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. Globe Life's liquidation value for the three months ended in Sep. 2024 was €-5,720 Mil.

Globe Life Change In Receivables Historical Data

The historical data trend for Globe Life'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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Globe Life Change In Receivables Chart

Globe Life Annual Data

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Change In Receivables

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Globe Life Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Globe Life 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

Globe Life (FRA:TMJ) 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.

Globe Life's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	1311.322	*	91
=	0.00

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

Globe Life's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	16731.228	-	22451.294	+	0.75 * 0	+	0.5 * 0
=	-5,720

Globe Life Change In Receivables Related Terms

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Globe Life Business Description

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GL:USA G1LL34:Brazil

Address

3700 South Stonebridge Drive, McKinney, TX, USA, 75070

Website

https://www.globelifeinsurance.com

Globe Life Inc is an insurance holding company. It provides a variety of life and supplemental health insurance products and annuities to a broad base of customers. The company's core operations are organized into four reportable segments: life insurance, supplemental health insurance, annuities, and investments. Investment activities, conducted by the investment segment, focus on seeking investments with a yield and term appropriate to support the insurance product obligations. These investments generally consist of fixed maturities and, over the long term, the expected yields are considered when setting insurance premium rates and product profitability expectations.

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