The Hartford Financial Services Group's change in receivables for the quarter that ended in Dec. 2023 was $-223 Mil. It means The Hartford Financial Services Group's Accounts Receivable
increased by $223 Mil
from Sep. 2023 to Dec. 2023 .
The Hartford Financial Services Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-863 Mil. It means The Hartford Financial Services Group's Accounts Receivable
increased by $863 Mil
from Dec. 2022 to Dec. 2023 .
The Hartford Financial Services Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $12,711 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.
The Hartford Financial Services Group's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 183.44.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Hartford Financial Services Group's liquidation value for the
three
months ended in Dec. 2023 was $-8,126 Mil.
The Hartford Financial Services Group Change In Receivables Historical Data
The historical data trend for The Hartford Financial Services 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.
The Hartford Financial Services Group 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 quarterly data reported by the company within the most recent 12 months, which was $-863 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.
The Hartford Financial Services Group (NYSE:HIG) 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.
The Hartford Financial Services Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of liquidation value, The Hartford Financial Services Group's accounts receivable are only considered to be worth 75% of book value:
The Hartford Financial Services Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:
* 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.
The Hartford Financial Services Group Change In Receivables Related Terms
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The Hartford Financial Services Group (The Hartford Financial Services Group) Business Description
The Hartford Financial Services Group Inc offers a diverse range of property and casualty insurance, group benefits, and mutual fund services to a customer base of individuals and corporations. It operates in five segments: Commercial Lines, Personal Lines, Property & Casualty Other Operations, Group Benefits, and Hartford Funds, as well as a Corporate category.
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