Kansas City Life Insurance Co (Kansas City Life Insurance Co) Change In Receivables : $-5.7 Mil (TTM As of Mar. 2024)

View and export this data going back to . Start your Free Trial

What is Kansas City Life Insurance Co Change In Receivables?

Kansas City Life Insurance Co's change in receivables for the quarter that ended in Mar. 2024 was $-3.0 Mil. It means Kansas City Life Insurance Co's Accounts Receivable increased by $3.0 Mil from Dec. 2023 to Mar. 2024 .

Kansas City Life Insurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-8.5 Mil. It means Kansas City Life Insurance Co's Accounts Receivable increased by $8.5 Mil from Dec. 2022 to Dec. 2023 .

Kansas City Life Insurance Co's Accounts Receivable for the quarter that ended in Mar. 2024 was $412.2 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. Kansas City Life Insurance Co's Days Sales Outstanding for the three months ended in Mar. 2024 was 295.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kansas City Life Insurance Co's liquidation value for the three months ended in Mar. 2024 was $-3,892.4 Mil.

Kansas City Life Insurance Co Change In Receivables Historical Data

The historical data trend for Kansas City Life Insurance Co'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.

Kansas City Life Insurance Co Change In Receivables Chart

Kansas City Life Insurance Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-12.58

-12.67

-8.51

-2.37

-8.51

Kansas City Life Insurance Co 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															-5.79	-0.77	3.77	-5.73	-2.98

Kansas City Life Insurance Co 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 $-5.7 Mil.

Kansas City Life Insurance Co (OTCPK:KCLI) 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.

Kansas City Life Insurance Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	412.196	/	127.325	*	91
=	295.41

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

Kansas City Life Insurance Co'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)
=	264.325	-	4465.906	+	0.75 * 412.196	+	0.5 * 0
=	-3,892.4

Kansas City Life Insurance Co Change In Receivables Related Terms

Thank you for viewing the detailed overview of Kansas City Life Insurance Co's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Kansas City Life Insurance Co (Kansas City Life Insurance Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Kansas City Life Insurance Co (OTCPK:KCLI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3520 Broadway, Kansas, MO, USA, 64111-2565

Website

http://www.kclife.com

Kansas City Life Insurance Co is a Missouri-domiciled insurance company providing individual life, annuity, and group products through general agencies located throughout the United States. The company operates its business in three segments; The Individual Insurance segment consists of individual insurance products for Kansas City Life, Grange Life, and the assumed reinsurance transactions, The Group Insurance segment consists of sales of group life, dental, vision, disability, accident, and critical illness products, and The Old American segment consists of individual insurance products designed largely as final expense products, out of which the Individual insurance segment derives the maximum revenue.