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London Stock Exchange Group (LSE:LSEG) Accounts Receivable : £1,172 Mil (As of Dec. 2023)


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What is London Stock Exchange Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. London Stock Exchange Group's accounts receivables for the quarter that ended in Dec. 2023 was £1,172 Mil.

Accounts receivable can be measured by Days Sales Outstanding. London Stock Exchange Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 50.93.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. London Stock Exchange Group's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was £-1,437.66.


London Stock Exchange Group Accounts Receivable Historical Data

The historical data trend for London Stock Exchange 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.

London Stock Exchange Group Accounts Receivable Chart

London Stock Exchange Group Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 460.00 414.00 720.00 1,020.00 1,172.00

London Stock Exchange Group Semi-Annual Data
Mar14 Sep14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 720.00 1,334.00 1,020.00 1,798.00 1,172.00

London Stock Exchange Group Accounts Receivable Calculation

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


London Stock Exchange 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.

London Stock Exchange 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
=1172/4200*91
=50.93

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

London Stock Exchange Group's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(2251+0.75 * 1172+0.5 * 0-779066
-0-2137)/541.209
=-1,437.66

* 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.


London Stock Exchange Group Accounts Receivable Related Terms

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London Stock Exchange Group (LSE:LSEG) Business Description

Traded in Other Exchanges
Address
10 Paternoster Square, London, GBR, EC4M 7LS
London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed income trading venues, as well as LCH, the largest clearing house for over-the-counter swaps globally.

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