SelectQuote (SelectQuote) Change In Receivables : $-28 Mil (TTM As of Dec. 2023)

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What is SelectQuote Change In Receivables?

SelectQuote's change in receivables for the quarter that ended in Dec. 2023 was $-111 Mil. It means SelectQuote's Accounts Receivable increased by $111 Mil from Sep. 2023 to Dec. 2023 .

SelectQuote's change in receivables for the fiscal year that ended in Jun. 2023 was $-27 Mil. It means SelectQuote's Accounts Receivable increased by $27 Mil from Jun. 2022 to Jun. 2023 .

SelectQuote's Accounts Receivable for the quarter that ended in Dec. 2023 was $143 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. SelectQuote's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SelectQuote's liquidation value for the three months ended in Dec. 2023 was $-782 Mil.

SelectQuote Change In Receivables Historical Data

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

SelectQuote Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-100.32

-210.77

-352.93

-18.48

-26.69

SelectQuote Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-99.42	55.02	18.96	9.55	-111.43

SelectQuote 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-28 Mil.

SelectQuote (NYSE:SLQT) 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.

SelectQuote's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	142.59	/	405.438	*	91
=	32.09

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

SelectQuote's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	10.849	-	899.402	+	0.75 * 142.59	+	0.5 * 0
=	-782

SelectQuote Change In Receivables Related Terms

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SelectQuote (SelectQuote) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SelectQuote Inc (NYSE:SLQT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

6SJA:Germany

Address

6800 West 115th Street, Suite 2511, Overland Park, KS, USA, 66211

Website

http://www.selectquote.com

SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQuote Auto & Home.

Executives

Joshua Brandon Matthews	officer: President, SelectQuote Senior	6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Grant W Thomas Ii	director	PO BOX 419248, KANSAS CITY MO 64141-6248
Grant William Thomas Iii	officer: CHIEF OPERATING OFFICER	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Robert Clay Grant	officer: PRESIDENT, SELECTQUOTE SENIOR	6800 W 115TH STREET, SUITE 2511, PARK KS 66211
Sarah Taylor Anderson	officer: (See Remarks)	6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Timothy Robert Danker	director, officer: CHIEF EXECUTIVE OFFICER	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Hawks Donald L Iii	director	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Raymond F Weldon	director	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Matthew Scott Gunter	officer: See Remarks	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Stephanie D. Fisher	officer: Chief Accounting Officer	10990 ROE AVENUE, OVERLAND PARK KS 66211
Ryan Moore Clement	officer: See Remarks	6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Kristin Gibbar	officer: Chief Human Resources Officer	6800 W. 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Devanny Earl H Iii	director	CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117-1593
Denise L Devine	director	C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Raffaele Sadun	officer: CHIEF FINANCIAL OFFICER	6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211