Swiss Re AG (XSWX:SREN) Change In Receivables : CHF182 Mil (TTM As of Dec. 2023)

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What is Swiss Re AG Change In Receivables?

Swiss Re AG's change in receivables for the quarter that ended in Dec. 2023 was CHF22 Mil. It means Swiss Re AG's Accounts Receivable declined by CHF22 Mil from Jun. 2023 to Dec. 2023 .

Swiss Re AG's change in receivables for the fiscal year that ended in Dec. 2023 was CHF176 Mil. It means Swiss Re AG's Accounts Receivable declined by CHF176 Mil from Dec. 2022 to Dec. 2023 .

Swiss Re AG's Accounts Receivable for the quarter that ended in Dec. 2023 was CHF21,777 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. Swiss Re AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 179.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Swiss Re AG's liquidation value for the six months ended in Dec. 2023 was CHF-48,375 Mil.

Swiss Re AG Change In Receivables Historical Data

The historical data trend for Swiss Re AG'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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Swiss Re AG Change In Receivables Chart

Swiss Re AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-561.07

190.12

-436.55

-133.22

175.55

Swiss Re AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-466.03	171.73	-298.11	159.37	22.49

Swiss Re AG 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was CHF182 Mil.

Swiss Re AG (XSWX:SREN) 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.

Swiss Re AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21776.529	/	22157.906	*	91
=	179.36

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

Swiss Re AG's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	76432.754	-	141139.684	+	0.75 * 21776.529	+	0.5 * 0
=	-48,375

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Swiss Re AG (XSWX:SREN) Business Description

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Traded in Other Exchanges

SSREY:USA SSREF:USA SREN:Mexico SRENz:UK SR9A:Germany

Address

Mythenquai 50/60, Zurich, CHE, 8022

Website

https://www.swissre.com

Swiss Re is a reinsurer that has three core divisions: property and casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an ex-investment banker who took the business heavily into securitizations, lately Swiss Re has been focused on establishing quality within its three core divisions.