LGI Change Receivables from 2010 to 2024

LGIH Stock  USD 111.22  5.40  5.10%   
LGI Homes' Change Receivables is increasing with slightly volatile movements from year to year. Change Receivables is estimated to finish at about 39.6 M this year. Change Receivables is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. View All Fundamentals
 
Change Receivables  
First Reported
2014-03-31
Previous Quarter
3.3 M
Current Value
-26.3 M
Quarterly Volatility
16.3 M
 
Yuan Drop
 
Covid
Check LGI Homes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LGI Homes' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 92 M or Selling General Administrative of 63.3 M, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0468 or PTB Ratio of 2.86. LGI financial statements analysis is a perfect complement when working with LGI Homes Valuation or Volatility modules.
  
Check out the analysis of LGI Homes Correlation against competitors.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.

Latest LGI Homes' Change Receivables Growth Pattern

Below is the plot of the Change Receivables of LGI Homes over the last few years. It is the difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease. LGI Homes' Change Receivables historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LGI Homes' overall financial position and show how it may be relating to other accounts over time.
Change Receivables10 Years Trend
Slightly volatile
   Change Receivables   
       Timeline  

LGI Change Receivables Regression Statistics

Arithmetic Mean2,872,052
Coefficient Of Variation1,017
Mean Deviation20,873,818
Median(3,606,016)
Standard Deviation29,222,798
Sample Variance854T
Range117.6M
R-Value0.44
Mean Square Error743.8T
R-Squared0.19
Significance0.10
Slope2,857,058
Total Sum of Squares11955.6T

LGI Change Receivables History

202439.6 M
202337.7 M
202232.8 M
202158 M
2020-59.5 M
2019-13.6 M
20181.9 M

About LGI Homes Financial Statements

Investors use fundamental indicators, such as LGI Homes' Change Receivables, to determine how well the company is positioned to perform in the future. Although LGI Homes' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Change Receivables37.7 M39.6 M

Currently Active Assets on Macroaxis

When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock:
Check out the analysis of LGI Homes Correlation against competitors.
For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.
You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.
Is Household Durables space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LGI Homes. If investors know LGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LGI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.039
Earnings Share
8.36
Revenue Per Share
95.936
Quarterly Revenue Growth
0.056
Return On Assets
0.0402
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.