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TREE (LendingTree) Accounts Receivable : $107.7 Mil (As of Jun. 2024)


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What is LendingTree Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. LendingTree's accounts receivables for the quarter that ended in Jun. 2024 was $107.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. LendingTree's Days Sales Outstanding for the quarter that ended in Jun. 2024 was 46.77.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. LendingTree's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-38.14.


LendingTree Accounts Receivable Historical Data

The historical data trend for LendingTree'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.

LendingTree Accounts Receivable Chart

LendingTree Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 113.49 89.84 97.66 83.06 54.95

LendingTree Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 75.71 64.33 54.95 63.32 107.71

LendingTree Accounts Receivable Calculation

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


LendingTree 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=107.711/210.14*91
=46.77

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

LendingTree's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 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)
=(66.769+0.75 * 107.711+0.5 * 0-656.373
-0-0)/13.3399
=-38.14

* 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.


LendingTree Accounts Receivable Related Terms

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LendingTree Business Description

Traded in Other Exchanges
Address
1415 Vantage Park Drive, Suite 700, Charlotte, NC, USA, 28203
LendingTree Inc is a United States-based company that is principally engaged in operating an online loan marketplace. The company provides online tools and resources that can help consumers find loans or other credit-based offerings They need, including mortgage loans, reverse mortgage, home equity, personal loans, auto loans, credit cards, student loans, small business loans, and other related offerings. The company offers consumers direct access to a broad range of lenders. They have three reportable segments which are Home, Consumer, and Insurance. The company generates match fees by matching consumers with lenders, and closing fees from lenders on loans when a transaction is closed. The company operates business solely in the United States.
Executives
Diego A Rodriguez director C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Steven Ozonian director C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Gabriel Dalporto director 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Trent Ziegler officer: Chief Financial Officer 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE NC 28203
Douglas R Lebda director, officer: Chairman & CEO 6701 CARMEL RD, SUITE 205, CHARLOTTE NC 28226
Jill Olmstead officer: Chief Human Resources Officer BARINGS LLC, 3300 SOUTH TRYON STREET SUITE 2500, CHARLOTTE NC 28202
Mark A Ernst director 255 FISERV DRIVE, BROOKFIELD WI 53045
Scott V. Totman officer: Chief Technology Officer 1415 VANTAGE PARK DR., SUITE 700, CHARLOTTE NC 28203
Shiv Singh officer: Chief Marketing Office C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Carla Shumate officer: Chief Accounting Officer 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277
Neil Salvage officer: President 11115 RUSHMORE DR, CHARLOTTE NC 28277
Robin Henderson director 11115 RUSHMORE DR, CHARLOTTE NC 28277-3442
Scott Peyree officer: President, Insurance 1415 VANTAGE PARK DRIVE, SUITE 700, CHARLOTTE NC 28203
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Lisa M. Young officer: General Counsel C/O ENOVA INTERNATIONAL, INC., 175 W. JACKSON BLVD., CHICAGO IL 60604