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Stewart Information Services (Stewart Information Services) Accounts Receivable : $126 Mil (As of Mar. 2024)


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What is Stewart Information Services Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stewart Information Services's accounts receivables for the quarter that ended in Mar. 2024 was $126 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Stewart Information Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 20.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Stewart Information Services's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-36.93.


Stewart Information Services Accounts Receivable Historical Data

The historical data trend for Stewart Information Services's Accounts Receivable 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.

Stewart Information Services Accounts Receivable Chart

Stewart Information Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.37 90.56 120.51 107.27 114.38

Stewart Information Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 112.13 113.82 104.87 114.38 125.61

Stewart Information Services Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Stewart Information Services Accounts Receivable 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 receivables are being managed.

Stewart Information Services's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=125.61/554.315*91
=20.68

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Stewart Information Services's accounts receivable are only considered to be worth 75% of book value:

Stewart Information Services's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(181.125+0.75 * 125.61+0.5 * 0-1287.246
-0-6.498)/27.5805
=-36.93

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Stewart Information Services Accounts Receivable Related Terms

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Stewart Information Services (Stewart Information Services) Business Description

Traded in Other Exchanges
Address
1360 Post Oak Boulevard, Suite 100, Houston, TX, USA, 77056
Stewart Information Services Corp is a customer-focused, title insurance and real estate services company offering products and services to home buyers and sellers, mortgage lenders and servicers, attorneys, and home builders. It has three operating segments; Title insurance and related services include the functions of searching, examining, closing, and insuring the condition of the title to real property. It also includes home and personal insurance services, Real estate solutions segment supports the real estate mortgage industry by providing appraisal management services, online notarization and closing solutions, credit, and real estate information services, search and valuation services, and Corporate and Other segment is comprised of the parent holding company.
Executives
Helen Vaid director 600 WEST CHICAGO AVE., STE 400, CHICAGO IL 60654
Frederick H Eppinger director THE HANOVER INSURANCE GROUP, INC., 440 LINCOLN ST, WORCESTER MA 01653
Bradley C Allen Jr director AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634
Elizabeth Giddens officer: Chief Legal Officer; Secretary 10000 WEHRLE DRIVE, CLARENCE NY 14031
Hamm John Earl Jr. officer: EVP, Chief Information Officer 1360 POST OAK BLVD., SUITE 100, HOUSTON TX 77056
Steven Mark Lessack officer: Group President 1980 POST OAK BLVD., #800, HOUSTON TX 77056
Matthew Morris director, officer: Chief Executive Officer 1905 SHARP PL, HOUSTON TX 77019
Corey William S. Jr. director C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100 MC-14-1, HOUSTON TX 77056
Deborah Jane Matz director C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100 MC-14-1, HOUSTON TX 77056
Emily Kain officer: Chief Human Resource Officer C/O STEWART INFORMATION SERVICES CORP., 1360 POST OAK BLVD., SUITE 100, MC-14-1, HOUSTON TX 77056
Glenn C Christenson director 2411 W SAHARA AVENUE, LAS VEGAS NV 89102
James M Chadwick director C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., #301, BOCA RATON FL 33487
Tara Smith officer: Group President STEWART INFORMATION SERVICES CORP., 1980 POST OAK BLVD., SUITE 710, HOUSTON TX 77056
Clifford Press director 152 WEST 57TH STREET, NEW YORK NY 10019
Robert Clarke director 711 LOUISIANA STREET, SUITE 2900, HOUSTON TX 77002-2781