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Korean Reinsurance Co (XKRX:003690) Change In Receivables : ₩13,825 Mil (TTM As of Mar. 2024)


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What is Korean Reinsurance Co Change In Receivables?

Korean Reinsurance Co's change in receivables for the quarter that ended in Mar. 2024 was ₩0 Mil. It means Korean Reinsurance Co's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Korean Reinsurance Co's change in receivables for the fiscal year that ended in Dec. 2023 was ₩13,825 Mil. It means Korean Reinsurance Co's Accounts Receivable declined by ₩13,825 Mil from Dec. 2022 to Dec. 2023 .

Korean Reinsurance Co's Accounts Receivable for the quarter that ended in Mar. 2024 was ₩0 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Korean Reinsurance Co's liquidation value for the three months ended in Mar. 2024 was ₩-8,742,470 Mil.


Korean Reinsurance Co Change In Receivables Historical Data

The historical data trend for Korean Reinsurance 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.

* Premium members only.

Korean Reinsurance Co Change In Receivables Chart

Korean Reinsurance Co 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 - - - 983.00 13,825.00

Korean Reinsurance Co 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 -20,561.97 -285.03 3,407.00 31,265.00 -

Korean Reinsurance 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.

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 ₩13,825 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.


Korean Reinsurance Co  (XKRX:003690) 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.

Korean Reinsurance Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

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

Korean Reinsurance Co'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)
=0-8742469.792+0.75 * 0+0.5 * 0
=-8,742,470

* 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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Korean Reinsurance Co (XKRX:003690) Business Description

Traded in Other Exchanges
N/A
Address
68 Jongno 5 Gil, Jongno-gu, Seoul, KOR, 03151
Korean Reinsurance Co is a South Korean reinsurer that provides clients with reinsurance services and risk-management solutions. The company provides nonlife and life reinsurance products that include fire insurance, marine and aviation insurance, comprehensive and engineering reinsurance, motor insurance, guaranteed insurance, foreign casualty insurance, long-term insurance, international reinsurance solutions, life insurance, and health insurance. The company derives over half of its income from Asian regions including China, Japan, Hong Kong, and Taiwan. Korean Re also has operations in the Middle East, Africa, Europe, and the Americas.

Korean Reinsurance Co (XKRX:003690) Headlines

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