Legal & General Group (LSE:LGEN) Change In Receivables : £0 Mil (TTM As of Dec. 2023)

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What is Legal & General Group Change In Receivables?

Legal & General Group's change in receivables for the quarter that ended in Dec. 2023 was £0 Mil. It means Legal & General Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Legal & General Group's change in receivables for the fiscal year that ended in Dec. 2023 was £0 Mil. It means Legal & General Group's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Legal & General Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £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. Legal & General Group's Days Sales Outstanding for the six months ended in Dec. 2023 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. Legal & General Group's liquidation value for the six months ended in Dec. 2023 was £-494,776 Mil.

Legal & General Group Change In Receivables Historical Data

The historical data trend for Legal & General 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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Legal & General Group Change In Receivables Chart

Legal & General Group Annual Data

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Change In Receivables

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Legal & General Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Legal & General 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0 Mil.

Legal & General Group (LSE:LGEN) 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.

Legal & General Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	26519	*	91
=	0.00

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

Legal & General Group'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)
=	22535	-	517311	+	0.75 * 0	+	0.5 * 0
=	-494,776

Legal & General Group Change In Receivables Related Terms

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Legal & General Group (LSE:LGEN) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legal & General Group PLC (LSE:LGEN) » Definitions » Change In Receivables

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LGGNY:USA LGGNF:USA LGENl:UK LGI:Germany LGI:Germany

Address

One Coleman Street, London, GBR, EC2R 5AA

Website

https://www.legalandgeneralgroup.com

Legal & General Group PLC operates across four broad business areas of retirement, investment management, capital investment, and insurance. The retirement business provides provide guaranteed retirement income for corporate pension scheme members. Investment Management business provides investment management services for both individuals and corporations, including managing pension funds. Capital investment use customers' pension assets, as well as the group's shareholder capital, to make long-term investments in assets such as clean energy, housing, and SME finance. The Insurance business provides various types of insurance, including life and disability insurance. The company has a global presence but most of its assets under management are derived from the United Kingdom and Europe.

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