Hargreaves Lansdown (LSE:HL.) Change In Receivables : £-157.7 Mil (TTM As of Dec. 2023)

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What is Hargreaves Lansdown Change In Receivables?

Hargreaves Lansdown's change in receivables for the quarter that ended in Dec. 2023 was £62.9 Mil. It means Hargreaves Lansdown's Accounts Receivable declined by £62.9 Mil from Jun. 2023 to Dec. 2023 .

Hargreaves Lansdown's change in receivables for the fiscal year that ended in Jun. 2023 was £-203.4 Mil. It means Hargreaves Lansdown's Accounts Receivable increased by £203.4 Mil from Jun. 2022 to Jun. 2023 .

Hargreaves Lansdown's Accounts Receivable for the quarter that ended in Dec. 2023 was £489.3 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. Hargreaves Lansdown's Days Sales Outstanding for the six months ended in Dec. 2023 was 242.52.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hargreaves Lansdown's liquidation value for the six months ended in Dec. 2023 was £372.2 Mil.

Hargreaves Lansdown Change In Receivables Historical Data

The historical data trend for Hargreaves Lansdown'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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Hargreaves Lansdown Change In Receivables Chart

Hargreaves Lansdown Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

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-128.40

-209.60

-66.00

305.80

-203.40

Hargreaves Lansdown 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															208.60	97.20	17.20	-220.60	62.90

Hargreaves Lansdown 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 £-157.7 Mil.

Hargreaves Lansdown (LSE:HL.) 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.

Hargreaves Lansdown's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	489.3	/	368.2	*	91
=	242.52

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

Hargreaves Lansdown'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)
=	540.9	-	535.7	+	0.75 * 489.3	+	0.5 * 0
=	372.2

Hargreaves Lansdown Change In Receivables Related Terms

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Hargreaves Lansdown (LSE:HL.) Business Description

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Address

Anchor Road, One College Square South, Bristol, GBR, BS1 5HL

Website

https://www.hl.co.uk

Hargreaves Lansdown PLC operates a large direct-to-investor investment service in the United Kingdom built around offerings tailored to client needs. Clients can elect to hold all their funds, stocks, bonds, ETFs, and other financial instruments in a single service with various tax advantages. The company also offers portfolio rebalancing, discretionary services and managed funds, third-party services, savings management, online and apps offerings, and other retirement solutions. The company's clients mostly comprise individual investors and corporate clients. It primarily earns recurring revenue through the administration and management of assets held under its platform, and secondarily earns transactional revenue through stockbroking commissions and initial advisory fees.

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