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Universal Insurance Holdings (STU:5UI) Change In Receivables : €0 Mil (TTM As of Mar. 2024)


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What is Universal Insurance Holdings Change In Receivables?

Universal Insurance Holdings's change in receivables for the quarter that ended in Mar. 2024 was €0 Mil. It means Universal Insurance Holdings's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Universal Insurance Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was €535 Mil. It means Universal Insurance Holdings's Accounts Receivable declined by €535 Mil from Dec. 2022 to Dec. 2023 .

Universal Insurance Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was €183 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. Universal Insurance Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 49.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Universal Insurance Holdings's liquidation value for the three months ended in Mar. 2024 was €-1,030 Mil.


Universal Insurance Holdings Change In Receivables Historical Data

The historical data trend for Universal Insurance Holdings'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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Universal Insurance Holdings Change In Receivables Chart

Universal Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.57 26.93 -9.48 -579.07 534.89

Universal Insurance Holdings 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 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 - - - - -

Universal Insurance Holdings 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 €0 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.


Universal Insurance Holdings  (STU:5UI) 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.

Universal Insurance 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
=182.73/338.522*91
=49.26

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

Universal Insurance Holdings'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)
=447.729-1615.042+0.75 * 182.73+0.5 * 0
=-1,030

* 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.


Universal Insurance Holdings Change In Receivables Related Terms

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Universal Insurance Holdings (STU:5UI) Business Description

Traded in Other Exchanges
Address
1110 West Commercial Boulevard, Fort Lauderdale, FL, USA, 33309
Universal Insurance Holdings Inc is a private personal residential homeowner insurance company. The company all aspects of insurance underwriting, policy issuance, general administration and claims processing and settlement internally through our vertically integrated operations. It generates revenues primarily from the collection of premiums. It operates within Florida and across the United States.

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