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Hamilton Insurance Group (Hamilton Insurance Group) Change In Receivables : $-294 Mil (TTM As of Mar. 2024)


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What is Hamilton Insurance Group Change In Receivables?

Hamilton Insurance Group's change in receivables for the quarter that ended in Mar. 2024 was $-222 Mil. It means Hamilton Insurance Group's Accounts Receivable increased by $222 Mil from Dec. 2023 to Mar. 2024 .

Hamilton Insurance Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-190 Mil. It means Hamilton Insurance Group's Accounts Receivable increased by $190 Mil from Dec. 2022 to Dec. 2023 .

Hamilton Insurance Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,193 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. Hamilton Insurance Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 298.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hamilton Insurance Group's liquidation value for the three months ended in Mar. 2024 was $-2,003 Mil.

Hamilton Insurance Group Change In Receivables Historical Data

The historical data trend for Hamilton Insurance 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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Hamilton Insurance Group Change In Receivables Chart

Hamilton Insurance Group Annual Data
Trend Nov20 Nov21 Dec22 Dec23
Change In Receivables
40.64 -61.37 -71.81 -190.24

Hamilton Insurance Group Quarterly Data
Nov20 Nov21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables Get a 7-Day Free Trial Premium Member Only Premium Member Only -118.49 -156.99 61.45 23.79 -222.02

Hamilton Insurance 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 $-294 Mil.

* 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.

Hamilton Insurance Group  (NYSE:HG) 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.

Hamilton Insurance 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
=2193.084/670.595*91
=298.42

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

Hamilton Insurance 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)
=1437.106-5084.793+0.75 * 2193.084+0.5 * 0
=-2,003

* 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.

Hamilton Insurance Group Change In Receivables Related Terms

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Hamilton Insurance Group (Hamilton Insurance Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Hamilton Insurance Group Ltd (NYSE:HG) » Definitions » Change In Receivables
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QN0:Germany
Address
90 Pitts Bay Road, Wellesley House North, 1st Floor, Pembroke, BMU, HM 08
Website
https://www.hamiltongroup.com
Hamilton Insurance Group Ltd is a Global specialty insurance and reinsurance company. It operates globally, with underwriting operations in Lloyd's, Ireland, Bermuda, and the United States. It operates three principal underwriting platforms (Hamilton Global Specialty, Hamilton Select and Hamilton Re) that are categorized into two reporting business segments (International and Bermuda).