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Essent Group's change in receivables for the quarter that ended in Dec. 2023 was $5 Mil. It means Essent Group's Accounts Receivable declined by $5 Mil from Sep. 2023 to Dec. 2023 .
Essent Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-2 Mil. It means Essent Group's Accounts Receivable increased by $2 Mil from Dec. 2022 to Dec. 2023 .
Essent Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $63 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. Essent Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.39.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Essent Group's liquidation value for the three months ended in Dec. 2023 was $4,129 Mil.
The historical data trend for Essent Group'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.
Essent Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -3.77 | -8.85 | 3.34 | -11.21 | -2.07 |
Essent Group Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Change In Receivables | Get a 7-Day Free Trial | 0.60 | -2.60 | -2.71 | -1.36 | 4.59 |
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 quarterly data reported by the company within the most recent 12 months, which was $-2 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.
Essent Group (NYSE:ESNT) 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.
Essent Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 63.266 | / | 297.698 | * | 91 |
= | 19.39 |
2. In Ben Graham's calculation of liquidation value, Essent Group's accounts receivable are only considered to be worth 75% of book value:
Essent Group'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) |
= | 5405.526 | - | 1324.123 | + | 0.75 * 63.266 | + | 0.5 * 0 |
= | 4,129 |
* 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.
Thank you for viewing the detailed overview of Essent Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Mary Lourdes Gibbons | officer: Sr. VP, CLO & Assit. Secretary | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11 |
Vijay Bhasin | officer: Sr. VP & Chief Risk Officer | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11 |
David B Weinstock | officer: VP & Chief Accounting Officer | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11 |
Douglas J Pauls | director | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11 |
Aditya Dutt | director | RENAISSANCE HOUSE, 12 CROW LANE, PEMBROKE D0 HM 19 |
Anu Karna | director | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11 |
Robert Glanville | director | C/O PINE BROOK ROAD PARTNERS LLC, 42ND STREET, 50TH FLOOR, NEW YORK NY 10165 |
Mark Casale | director, officer: CEO & President | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11 |
Mcalee Lawrence E Jr | officer: Sr. VP & CFO | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11 |
William Spiegel | director | C/O MONTOPELIER RE HOLDINGS LTD, MINTFLOER PLACE 8 PAR LA VILLE RD, HAMILTON BERMUDA D0 HM 08 |
Roy James Kasmar | director | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11 |
Joseph Hissong | officer: Senior Vice President | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11 |
Jeff Cashmer | officer: SVP & Chief Business Officer | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM 11 |
Christopher G Curran | officer: SVP, Corporate Development | C/O ESSENT GROUP LTD., CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11 |
Jane Chwick | director | C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171 |
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