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FBL Financial Group (FBL Financial Group) Accounts Receivable : $108.6 Mil (As of Mar. 2021)


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What is FBL Financial Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. FBL Financial Group's accounts receivables for the quarter that ended in Mar. 2021 was $108.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. FBL Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2021 was 52.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. FBL Financial Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2021 was $-48.83.


FBL Financial Group Accounts Receivable Historical Data

The historical data trend for FBL Financial Group's Accounts Receivable 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.

FBL Financial Group Accounts Receivable Chart

FBL Financial Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.29 108.95 102.39 107.50 115.17

FBL Financial Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 105.44 110.99 112.38 115.17 108.64

FBL Financial Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


FBL Financial Group Accounts Receivable 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 receivables are being managed.

FBL Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=108.64/190.313*91
=52.09

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), FBL Financial Group's accounts receivable are only considered to be worth 75% of book value:

FBL Financial Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2021 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(8141.189+0.75 * 108.64+0.5 * 0-9410.915
-3--0.021)/24.3965
=-48.83

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


FBL Financial Group Accounts Receivable Related Terms

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FBL Financial Group (FBL Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
5400 University Avenue, West Des Moines, IA, USA, 50266-5997
FBL Financial Group Inc is an American financial services company. The group has three subsidiaries: Farm Bureau Life Insurance Company, Greenfields Life Insurance Company, Farm Bureau Property and Casualty Insurance Company, and Western Agricultural Insurance Company. Farm Bureau Life Insurance Company offers various lines of life insurance, annuity, and investment products. Greenfields Life Insurance Company offers a wide range of life insurance, annuity, and investment products. Farm Bureau Property and Casualty Insurance Company and Western Agricultural Insurance Company offer full lines of personal and commercial property-casualty insurance products.
Executives
Paul A. Juffer director 5942 BEECHTREE DRIVE WEST DES MOINES IA 50266
Bryan Searle director 275 TIERRA VISTA DRIVE POCATELLO ID 83201
Daniel M Koster officer: VP - Marketing and Agency Svcs 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Anthony James Aldridge officer: Chief Accounting Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Jeffrey A Whitehead officer: Chief Investment Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Ronald L Mead officer: VP - Sales and Distribution 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Casey Decker officer: Chief Information Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Richard Wayne Felts director 2627 KFB PLAZA MANHATTAN KS 66503
Jay W Seiboldt officer: Chief Operating Officer - PC 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Nicholas C. Gerhart officer: Chief Administrative Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Raymond Walter Wasilewski officer: Senior Vice President 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50265
Daniel D Pitcher director, officer: Chief Executive Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Charles Happel officer: Chief Investment Officer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
Donald Seibel officer: CFO & Treasurer 5400 UNIVERSITY AVENUE WEST DES MOINES IA 50266
James Brannen officer: CEO Emeritus 5400 UNIVERSITY AVENUE, WEST DES MOINES IA 50266

FBL Financial Group (FBL Financial Group) Headlines

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