Life360 (Life360) Change In Receivables : $-6.1 Mil (TTM As of Mar. 2024)

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What is Life360 Change In Receivables?

Life360's change in receivables for the quarter that ended in Mar. 2024 was $5.1 Mil. It means Life360's Accounts Receivable declined by $5.1 Mil from Dec. 2023 to Mar. 2024 .

Life360's change in receivables for the fiscal year that ended in Dec. 2023 was $-9.1 Mil. It means Life360's Accounts Receivable increased by $9.1 Mil from Dec. 2022 to Dec. 2023 .

Life360's Accounts Receivable for the quarter that ended in Mar. 2024 was $37.0 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. Life360's Days Sales Outstanding for the three months ended in Mar. 2024 was 43.20.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Life360's liquidation value for the three months ended in Mar. 2024 was $25.4 Mil.

Life360 Change In Receivables Historical Data

The historical data trend for Life360'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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Life360 Change In Receivables Chart

Life360 Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1.15

-2.69

6.47

-9.06

Life360 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															2.15	-2.49	-6.26	-2.45	5.14

Life360 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 $-6.1 Mil.

Life360 (OTCPK:LIFX) 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.

Life360's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	37.036	/	78.227	*	91
=	43.20

2. In Ben Graham's calculation of liquidation value, Life360's accounts receivable are only considered to be worth 75% of book value:

Life360'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)
=	73.401	-	78.936	+	0.75 * 37.036	+	0.5 * 6.338
=	25.4

Life360 Change In Receivables Related Terms

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Life360 (Life360) Business Description

Industry

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L36:Germany 360:Australia

Address

1900 South Norfolk Street, Suite 310, San Mateo, CA, USA, 94403

Website

https://www.life360.com

Life360 is the world's largest family-focused social network, with over 50 million monthly active users. Security-conscious families use the Life360 app to track each other's whereabouts and to track the location of their pets and personal belongings. Life360 also offers a suite of additional security features, such as driver safety monitoring, roadside assistance, and emergency dispatching. In the U.S., the Life360 app regularly ranks in the top 10 most popular social-networking apps and in the top 25 across all apps in terms of daily active users.

Executives

Susan L. Stick	officer: General Counsel	1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Samir Kapoor	officer: Chief Technology Officer	C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Lauren Antonoff	officer: Chief Operating Officer	C/O MOMENTIVE GLOBAL INC., ONE CURIOSITY WAY, SAN MATEO CA 94403
John Philip Coghlan	director	120 KEARNY STREET, SAN FRANCISCO CA 94108
Charles J. Prober	director, other: CEO of Tile, Inc.	C/O SCIPLAY CORPORATION, 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Randi Zuckerberg	director	394 PACIFIC AVE., SUITE 2, SAN FRANCISCO CA 94111
Chris Hulls	director, officer: Chief Executive Officer	C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Carrie Cronkey	officer: Chief Marketing Officer	C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Kirsten Daru	officer: Chief Privacy Officer, GC, Sec	C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
Mark Goines	director	C/O LIFE360, INC., 1900 SOUTH NORFOLK STREET, SUITE 310, SAN MATEO CA 94403
Alex Haro	director	C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
Brit Morin	director	C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
James Synge	director	C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
David Wiadrowski	director	C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107
David William Rice	officer: Chief Operating Officer	C/O LIFE360, INC., 539 BRYANT STREET, SUITE 402, SAN FRANCISCO CA 94107