Donegal Group (Donegal Group) Change In Receivables : $22.3 Mil (TTM As of Mar. 2024)

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What is Donegal Group Change In Receivables?

Donegal Group's change in receivables for the quarter that ended in Mar. 2024 was $-14.6 Mil. It means Donegal Group's Accounts Receivable increased by $14.6 Mil from Dec. 2023 to Mar. 2024 .

Donegal Group's change in receivables for the fiscal year that ended in Dec. 2023 was $8.2 Mil. It means Donegal Group's Accounts Receivable declined by $8.2 Mil from Dec. 2022 to Dec. 2023 .

Donegal Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $628.7 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. Donegal Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 237.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Donegal Group's liquidation value for the three months ended in Mar. 2024 was $-956.5 Mil.

Donegal Group Change In Receivables Historical Data

The historical data trend for Donegal Group'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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Donegal Group Change In Receivables Chart

Donegal Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-32.68

-45.75

-45.77

-6.10

8.21

Donegal Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-28.64	0.55	30.81	5.50	-14.58

Donegal Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.3 Mil.

Donegal Group (NAS:DGICB) 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.

Donegal Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	628.697	/	241.141	*	91
=	237.90

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

Donegal Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	381.223	-	1809.222	+	0.75 * 628.697	+	0.5 * 0
=	-956.5

Donegal Group Change In Receivables Related Terms

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Donegal Group (Donegal Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Donegal Group Inc (NAS:DGICB) » Definitions » Change In Receivables

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DGICA:USA

Address

1195 River Road, P.O. Box 302, Marietta, PA, USA, 17547-0302

Website

https://www.donegalgroup.com

Donegal Group Inc is an insurance holding company that offers personal and commercial lines of property and casualty insurance to businesses and individuals. The company's reportable segments are its Investment function, Personal lines of insurance, Commercial lines of insurance. Personal lines products consist primarily of homeowners and private passenger automobile policies. The Commercial lines products of its insurance subsidiaries consist primarily of commercial automobile, commercial multi-peril, and workers' compensation policies. The group primarily operates in the United States.