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Scottish Re Group (Scottish Re Group) Accounts Receivable : $0.00 Mil (As of Jun. 2011)


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What is Scottish Re Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Scottish Re Group's accounts receivables for the quarter that ended in Jun. 2011 was $0.00 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Scottish Re Group's Days Sales Outstanding for the quarter that ended in Jun. 2011 was 0.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Scottish Re Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2011 was $N/A.


Scottish Re Group Accounts Receivable Historical Data

The historical data trend for Scottish Re 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.

Scottish Re Group Accounts Receivable Chart

Scottish Re Group Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57.54 - - - -

Scottish Re Group Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 0.15 - - - -

Scottish Re Group Accounts Receivable Calculation

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


Scottish Re 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.

Scottish Re Group's Days Sales Outstanding for the quarter that ended in Jun. 2011 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/83.913*91
=0.00

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

Scottish Re Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2011 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)
=(225.319+0.75 * 0+0.5 * 0-4170.427
-120.152-8.419)/0
=N/A

* 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.


Scottish Re Group Accounts Receivable Related Terms

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Scottish Re Group (Scottish Re Group) Business Description

Traded in Other Exchanges
N/A
Address
Crown House, First Floor, 4 Par-la-Ville Road, Hamilton, BMU, HM 08
Scottish Re Group is engaged in the reinsurance of life insurance, annuities and annuity-type products. It accepts part of the risk of insurance policies for a portion of the income earned by the policies. The company uses its headquarters in the tax-friendly Cayman Islands to provide wealth management and estate planning services to high net worth clients. It has operations in Bermuda, the Cayman Islands, Ireland, the United Kingdom, and the United States.
Executives
Richard M Rieder 10 percent owner 55 EAST 52ND STREET, NEW YORK NY 10055
Lehman Brothers Holdings Inc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Seth Gardner director CERBERUS CAPITAL MANAGEMENT, L.P., 299 PARK AVENUE, NEW YORK NY 10171
George Robert Zippel director, officer: President & CEO 700 MAIN STREET, LYNCHBURG VA 24505
Terry Eleftheriou officer: CFO 10375 PROFESSIONAL CIRCLE, RENO NV 89521
Jeffrey Hughes director 811 HANSEN WAY, PALO ALTO CA 94303
Lenard Tessler director C/O ALBERTSONS COMPANIES, INC., 250 E. PARKCENTER BLVD., BOISE ID 83706
Robert Eugene Joyal director 352 WARDNER ROAD, WEST WINDSOR VT 05089
James N Chapman director 14 ALPINE ROAD, GREENWICH CT 06830
Thomas M Finke director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Michael Thomas Rollings director 1295 STATE STREET, SPRINGFIELD MA 01111
Larry Port director 230 PARK AVENUE, NEW YORK NY 10169
Stephen Feinberg 10 percent owner 875 THIRD AVENUE, 11TH FLOOR, NEW YORK NY 10022
Massachusetts Mutual Life Insurance Co 10 percent owner 1295 STATE STREET, SPRINGFIELD MA 01111
Glenn S Schafer director 151 DETROIT STREET, DENVER CO 80206

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