Nerdy (NRDY) Change In Receivables : $-3.3 Mil (TTM As of Mar. 2024)

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What is Nerdy Change In Receivables?

Nerdy's change in receivables for the quarter that ended in Mar. 2024 was $5.8 Mil. It means Nerdy's Accounts Receivable declined by $5.8 Mil from Dec. 2023 to Mar. 2024 .

Nerdy's change in receivables for the fiscal year that ended in Dec. 2023 was $-3.8 Mil. It means Nerdy's Accounts Receivable increased by $3.8 Mil from Dec. 2022 to Dec. 2023 .

Nerdy's Accounts Receivable for the quarter that ended in Mar. 2024 was $9.6 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. Nerdy's Days Sales Outstanding for the three months ended in Mar. 2024 was 16.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nerdy's liquidation value for the three months ended in Mar. 2024 was $48.0 Mil.

Nerdy Change In Receivables Historical Data

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

Nerdy Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.24

0.28

-4.85

-6.28

-3.80

Nerdy Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial													5.26	1.16	-3.06	-7.16	5.77

Nerdy 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 $-3.3 Mil.

Nerdy (NYSE:NRDY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	9.632	/	53.727	*	91
=	16.36

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

Nerdy'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)
=	76.96	-	36.17	+	0.75 * 9.632	+	0.5 * 0
=	48.0

Nerdy Change In Receivables Related Terms

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Nerdy (NRDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerdy Inc (NYSE:NRDY) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

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Address

101 S. Hanley Road, Suite 300, St. Louis, MO, USA, 63105

Website

https://www.nerdy.com

Nerdy Inc is a curated direct-to-consumer platform for live online learning. Its purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Its comprehensive learning destination provides learning experiences across various subjects and multiple formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.

Executives

Jason H. Pello	officer: Chief Financial Officer	NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Christopher C. Swenson	officer: Chief Legal Officer	NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Charles K. Cohn	director, officer: Chief Executive Officer	NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Heidi Robinson	officer: Chief Product Officer	NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105
Tpg Gp A, Llc	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Light Street Mercury Master Fund, L.p.	10 percent owner	525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301
Stuart Udell	director	2300 CORPORATE PARK DRIVE, HERNDON VA 20171
Christopher P Marshall	director	250 MIDDLEFIELD RD, MENLO PARK CA 94025
Jon Winkelried	director, 10 percent owner	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Gregory Mrva	officer: President	C/O CITADEL BROADCASTING CORPORATION, 7201 W. LAKE MEAD BLVD. 400, LAS VEGAS NV 89128
Technology Crossover Management Viii, Ltd.	10 percent owner, other: Member of a 13(d) group	C/O TECHNOLOGY CROSSOVER VENTURES, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Technology Crossover Manangement Viii, L.p.	10 percent owner, other: Member of a 13(d) group	528 RAMONA STREET, PALO ALTO CA 94301
Tcv Viii (a), L.p.	other: Member of a 13(d) group	528 RAMONA STREET, PALO ALTO CA 94301
Tcv Viii, L.p.	10 percent owner, other: Member of a 13(d) group	528 RAMONA STREET, PALO ALTO CA 94301
Catherine Beaudoin	director	NERDY INC., 101 S. HANLEY RD., SUITE 300, ST. LOUIS MO 63105