Oxbridge Re Holdings (Oxbridge Re Holdings) Accounts Receivable : $0.49 Mil (As of Mar. 2024)

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What is Oxbridge Re Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oxbridge Re Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $0.49 Mil.

Accounts receivable can be measured by Days Sales Outstanding.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oxbridge Re Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.31.

Oxbridge Re Holdings Accounts Receivable Historical Data

The historical data trend for Oxbridge Re Holdings'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.

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Oxbridge Re Holdings Accounts Receivable Chart

Oxbridge Re Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.51

0.46

0.28

0.98

Oxbridge Re Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															0.14	1.95	1.47	0.98	0.49

Oxbridge Re Holdings Accounts Receivable Calculation

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

Oxbridge Re Holdings 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.

Oxbridge Re Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0.489	/	-0.125	*	91
=

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

Oxbridge Re Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=	(0.532	+	0.75 * 0.489	+	0.5 * 0	-	2.764
-	0	-	0)	/	6.00666
=	-0.31

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.

Oxbridge Re Holdings Accounts Receivable Related Terms

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Oxbridge Re Holdings (Oxbridge Re Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Oxbridge Re Holdings Ltd (NAS:OXBR) » Definitions » Accounts Receivable

Traded in Other Exchanges

N/A

Address

42 Edward Street, Suite 201, P.O. Box 469, Georgetown, Grand Cayman, CYM, KY1-9006

Website

https://www.oxbridgere.com

Oxbridge Re Holdings Ltd is a specialty property and casualty reinsurer. It provides reinsurance solutions through its subsidiary. It focuses on underwriting fully collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. Oxbridge specializes in underwriting medium frequency, high severity risks, where insufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. It derives most revenues from three principal sources premiums assumed from reinsurance on property and casualty business; income from investments and unrealized (loss)/ gain on other investments; and income under our Administrative Services Agreement.

Executives

Sanjay Madhu	director, officer: CEO, President	425 EAST DAVIS BLVD., TAMPA FL 33606
Allan S. Martin	10 percent owner	401 EAST JACKSON STREET, SUITE 2370, TAMPA FL 33601
Arun Gowda	director	SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Dwight Lyndon Merren	director	SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Lesley Helen Thompson	director	SUITE 201, 42 EDWARD STREET, GEORGE TOWN, GRAND CAYMAN E9 KY1-9006
Raymond E Cabillot	director	3033 EXCELSIOR BLVD., STE 560, MINNEAPOLIS MN 55416
Wrendon Timothy	officer: Controller & Secretary	P.O. BOX 469, CAMANA BAY E9 KY1-9006
Paresh Patel	director, 10 percent owner	1520 GULF BLVD., APT. 1706, CLEARWATER FL 33767
Mayur Patel	director	12 CHRIS ELIOT COURT, HUNT VALLEY MD 21030
Krishna Persaud	director	11767 BAYFIELD DRIVE, BOCA RATON FL 33498