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LendingClub's change in receivables for the quarter that ended in Dec. 2023 was $0.0 Mil. It means LendingClub's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .
LendingClub's change in receivables for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means LendingClub's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .
LendingClub's Accounts Receivable for the quarter that ended in Dec. 2023 was $35.8 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. LendingClub's Days Sales Outstanding for the three months ended in Dec. 2023 was 16.67.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. LendingClub's liquidation value for the three months ended in Dec. 2023 was $-4,676.0 Mil.
The historical data trend for LendingClub'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.
LendingClub Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -16.30 | -5.05 | - | - | - |
LendingClub 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 | - | - | - | - | - |
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 $0.0 Mil.
* 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.
LendingClub (NYSE:LC) 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.
LendingClub's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 35.793 | / | 195.983 | * | 91 |
= | 16.67 |
2. In Ben Graham's calculation of liquidation value, LendingClub's accounts receivable are only considered to be worth 75% of book value:
LendingClub'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) |
= | 2872.766 | - | 7575.641 | + | 0.75 * 35.793 | + | 0.5 * 0 |
= | -4,676.0 |
* 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.
Thank you for viewing the detailed overview of LendingClub's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael P Zeisser | director | |
Janey Whiteside | director | C/O LENDINGCLUB CORPORATION, 595 MARKET ST., #200, SAN FRANCISCO CA 94105 |
Kathryn Reimann | director | C/O LENDINGCLUB CORPORATION, 595 MARKET ST., #200, SAN FRANCISCO CA 94105 |
Syed Faiz Ahmad | director | 7601 SOUTHWEST PARKWAY, AUSTIN TX 78735 |
Stephen M Cutler | director | JPMORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017 |
John C. Morris | director | C/O VISA INC., P.O. BOX 8999, SAN FRANCISCO CA 94128-8999 |
Andrew Labenne | officer: Chief Financial Officer | C/O BAKKT HOLDINGS, INC., 5500 WINDWARD PKWY., SUITE 450, ALPHARETTE GA 30005 |
Timothy J Mayopoulos | director | C/O FANNIE MAE, 1100 15TH STREET, NW, WASHINGTON DC 20005 |
Erin Selleck | director | C/O BROADWAY FINANCIAL CORPORATION, 5055 WILSHIRE BLVD. SUITE 500, LOS ANGELES CA 90036 |
Allan R Landon | director | 130 MERCHANT ST 22ND FLR, HONOLULU HI 96813 |
Fergal Stack | officer: SVP, Corporate Controller | C/O LENDINGCLUB CORPORATION, 71 STEVENSON ST., SUITE 300, SAN FRANCISCO CA 94105 |
Scott Sanborn | officer: Chief Mrktg & Optg Officer | C/O REDENVELOPE, INC., 149 NEW MONTGOMERY STREET, SAN FRANCISCO CA 94105 |
Jordan Cheng | officer: General Counsel & Secretary | C/O LENDINGCLUB CORPORATION, 595 MARKET ST., #200, SAN FRANCISCO CA 94105 |
Brandon Pace | officer: General Counsel and Secretary | C/O LENDINGCLUB CORPORATION, 595 MARKET ST, SUITE 200, SAN FRANCISCO CA 94105 |
Annie Armstrong | officer: Chief Risk Officer | C/O LENDINGCLUB CORPORATION, 595 MARKET ST. #200, SAN FRANCISCO CA 94105 |
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