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Zurich Insurance Co (JSE:ZSA) Change In Receivables : R0 Mil (TTM As of Dec. 2013)


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What is Zurich Insurance Co Change In Receivables?

Zurich Insurance Co's change in receivables for the quarter that ended in Dec. 2013 was R0 Mil. It means Zurich Insurance Co's Accounts Receivable stayed the same from Dec. 2012 to Dec. 2013 .

Zurich Insurance Co's change in receivables for the fiscal year that ended in Dec. 2013 was R0 Mil. It means Zurich Insurance Co's Accounts Receivable stayed the same from Dec. 2012 to Dec. 2013 .

Zurich Insurance Co's Accounts Receivable for the quarter that ended in Dec. 2013 was R0 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. Zurich Insurance Co's Days Sales Outstanding for the six months ended in Dec. 2013 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Zurich Insurance Co's liquidation value for the six months ended in Dec. 2013 was R-2,495 Mil.


Zurich Insurance Co Change In Receivables Historical Data

The historical data trend for Zurich Insurance Co'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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Zurich Insurance Co Change In Receivables Chart

Zurich Insurance Co Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables
Get a 7-Day Free Trial Premium Member Only 349.62 88.64 186.96 - -

Zurich Insurance Co Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables Get a 7-Day Free Trial Premium Member Only 349.62 88.64 186.96 - -

Zurich Insurance Co 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2013 was R0 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.


Zurich Insurance Co  (JSE:ZSA) 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.

Zurich Insurance Co's Days Sales Outstanding for the quarter that ended in Dec. 2013 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/3690.137*91
=0.00

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

Zurich Insurance Co's liquidation value for the quarter that ended in Dec. 2013 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=693.279-3188.336+0.75 * 0+0.5 * 0
=-2,495

* 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.


Zurich Insurance Co Change In Receivables Related Terms

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Zurich Insurance Co (JSE:ZSA) Business Description

Traded in Other Exchanges
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Address
Zurich Insurance Co SA Ltd, a short-term insurance Company, was founded on 1965. The Company offers insurance products and services for individual, commercial and corporate customers. It provides short-term insurance, operating across corporate, commercial and domestic markets and markets its products through brokers and agents. It has a network of offices throughout South Africa. Its products consist of Body Corporate Insurance, Collectible Insurance, Commercial Insurance, Farmers Insurance, Flexiflite Insurance, Hospitality Insurance, Small and Medium Enterprises Insurance, Wineries Insurance, Home and Motor Insurance, Engineering Insurance, Marine Insurance and Travel Insurance. It provides services such as Fast Track Claims, Motor Assessing and Zurich Assist.

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