Hannover Rueck SE (Hannover Rueck SE) Change In Receivables : $136 Mil (TTM As of Dec. 2023)

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What is Hannover Rueck SE Change In Receivables?

Hannover Rueck SE's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Hannover Rueck SE's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Hannover Rueck SE's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Hannover Rueck SE's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Hannover Rueck SE's Accounts Receivable for the quarter that ended in Dec. 2023 was $3,154 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. Hannover Rueck SE's liquidation value for the three months ended in Dec. 2023 was $-1,771 Mil.

Hannover Rueck SE Change In Receivables Historical Data

The historical data trend for Hannover Rueck SE'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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Hannover Rueck SE Change In Receivables Chart

Hannover Rueck SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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111.73

-79.99

272.69

367.42

Hannover Rueck SE 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															135.74	-	-	-	-

Hannover Rueck SE 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 $136 Mil.

Hannover Rueck SE (OTCPK:HVRRY) 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.

Hannover Rueck SE's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3154.417	/	-17790.84	*	91
=

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

Hannover Rueck SE'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)
=	56351.036	-	60488.332	+	0.75 * 3154.417	+	0.5 * 0
=	-1,771

Hannover Rueck SE Change In Receivables Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

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HNR1d:UK 0M9A:UK HNR1:Germany HNR1:Austria

Address

Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625

Website

https://www.hannover-re.com

Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.