LegacyTexas Financial Group (LegacyTexas Financial Group) Change In Receivables : $-6.8 Mil (TTM As of Jun. 2019)

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What is LegacyTexas Financial Group Change In Receivables?

LegacyTexas Financial Group's change in receivables for the quarter that ended in Jun. 2019 was $-1.0 Mil. It means LegacyTexas Financial Group's Accounts Receivable increased by $1.0 Mil from Mar. 2019 to Jun. 2019 .

LegacyTexas Financial Group's change in receivables for the fiscal year that ended in Dec. 2018 was $-2.5 Mil. It means LegacyTexas Financial Group's Accounts Receivable increased by $2.5 Mil from Dec. 2017 to Dec. 2018 .

LegacyTexas Financial Group's Accounts Receivable for the quarter that ended in Jun. 2019 was $0.0 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. LegacyTexas Financial Group's Days Sales Outstanding for the three months ended in Jun. 2019 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. LegacyTexas Financial Group's liquidation value for the three months ended in Jun. 2019 was $-8,069.7 Mil.

LegacyTexas Financial Group Change In Receivables Historical Data

The historical data trend for LegacyTexas Financial Group'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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LegacyTexas Financial Group Change In Receivables Chart

LegacyTexas Financial Group Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Receivables

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-0.44

-2.82

-3.24

-4.25

-2.51

LegacyTexas Financial Group Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
Change In Receivables	Get a 7-Day Free Trial															-1.37	-3.69	2.27	-4.40	-1.02

LegacyTexas Financial Group 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.8 Mil.

LegacyTexas Financial Group (NAS:LTXB) 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.

LegacyTexas Financial Group's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	97.768	*	91
=	0.00

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

LegacyTexas Financial Group's liquidation value for the quarter that ended in Jun. 2019 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	723.592	-	8793.289	+	0.75 * 0	+	0.5 * 0
=	-8,069.7

LegacyTexas Financial Group Change In Receivables Related Terms

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LegacyTexas Financial Group (LegacyTexas Financial Group) Business Description

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Address

5851 Legacy Circle, Plano, TX, USA, 75024

Website

http://www.legacytexasfinancialgroup.com

LegacyTexas Financial Group Inc operates through its wholly owned subsidiary, LegacyTexas Bank. The bank's business consists of collecting deposits, both from individuals and the business community, and investing those funds in commercial real estate, commercial and industrial loans, permanent loans secured by mortgages, and consumer loans. Its operating revenue is principally derived from interest earned on earning assets, including loans and investment securities, and service charges and fees on deposits and other account services. Its operational focus is commercial banking, as reflected by its majority representation in the bank's loan portfolio. The bank's primary market area is North Texas.