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La Rosa Holdings (La Rosa Holdings) Change In Receivables : $-0.55 Mil (TTM As of Mar. 2024)


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What is La Rosa Holdings Change In Receivables?

La Rosa Holdings's change in receivables for the quarter that ended in Mar. 2024 was $-0.01 Mil. It means La Rosa Holdings's Accounts Receivable increased by $0.01 Mil from Dec. 2023 to Mar. 2024 .

La Rosa Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.37 Mil. It means La Rosa Holdings's Accounts Receivable increased by $0.37 Mil from Dec. 2022 to Dec. 2023 .

La Rosa Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.83 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. La Rosa Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 5.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. La Rosa Holdings's liquidation value for the three months ended in Mar. 2024 was $-4.59 Mil.

La Rosa Holdings Change In Receivables Historical Data

The historical data trend for La Rosa Holdings'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.

La Rosa Holdings Change In Receivables Chart

La Rosa Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Receivables
-0.05 -0.40 0.12 -0.37

La Rosa Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.17 0.01 -0.05 -0.50 -0.01

La Rosa Holdings 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 $-0.55 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.

La Rosa Holdings  (NAS:LRHC) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.826/13.089*91
=5.76

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

La Rosa Holdings'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)
=1.079-6.289+0.75 * 0.826+0.5 * 0
=-4.59

* 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.

La Rosa Holdings Change In Receivables Related Terms

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La Rosa Holdings (La Rosa Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » La Rosa Holdings Corp (NAS:LRHC) » Definitions » Change In Receivables
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Traded in Other Exchanges
N/A
Address
1420 Celebration Boulevard, 2nd Floor, Celebration, FL, USA, 34747
Website
La Rosa Holdings Corp operates primarily in the U.S. residential real estate market. It is a holding company for agent-centric, technology-integrated, cloud-based, multi-service real estate companies. In addition to providing person-to-person residential and commercial real estate brokerage services to the public, it cross-sells ancillary technology-based products and services primarily to the sales agents and the sales agents associated with its franchisees. The company's business is organized based on the services it provides internally to the agents and to the public, which are residential and commercial real estate brokerage, franchising, real estate brokerage education and coaching, and property management.
Executives
Ned L Siegel director 600 WILSHIRE BOULEVARD, LOS ANGELES CA 90017
Carlos J. Bonilla 10 percent owner 7901 KINGSPOINTE PKWY #8, ORLANDO FL 32819
Rosa Joseph La director, 10 percent owner, officer: President, CEO, and Chairman 1420 CELEBRATION BOULEVARD, SUITE 200, CELEBRATION FL 34747
La Rosa Michael A director 1420 CELEBRATION BOULEVARD, SUITE 200, CELEBRATION FL 34747
Jodi R White director 1420 CELEBRATION BOULEVARD, SUITE 200, CELEBRATION FL 34747
Thomas Stringer director 1420 CELEBRATION BLVD, SUITE 200, CELEBRATION FL 34747
Kent Metzroth officer: CHIEF FINANCIAL OFFICER 1420 CELEBRATION BLVD., 2ND FLOOR, CELEBRATION FL 34747
Alex Santos officer: CHIEF TECHNOLOGY OFFICER 1420 CELEBRATION BLVD., 2ND FLOOR, CELEBRATION FL 34747