MBIA (MBI) Change In Receivables

: $-32.00 Mil (TTM As of Dec. 2023)

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MBIA's change in receivables for the quarter that ended in Dec. 2023 was $8.00 Mil. It means MBIA's Accounts Receivable declined by $8.00 Mil from Sep. 2023 to Dec. 2023 .

MBIA's change in receivables for the fiscal year that ended in Dec. 2023 was $-32.00 Mil. It means MBIA's Accounts Receivable increased by $32.00 Mil from Dec. 2022 to Dec. 2023 .

MBIA's Accounts Receivable for the quarter that ended in Dec. 2023 was $329.00 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. MBIA's liquidation value for the three months ended in Dec. 2023 was $-2,308.25 Mil.

MBIA Change In Receivables Historical Data

The historical data trend for MBIA'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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MBIA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-37.00

45.00

412.00

152.00

-32.00

MBIA 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																46.00	42.00	-6.00	-76.00	8.00

MBIA 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 $-32.00 Mil.

MBIA (NYSE:MBI) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	329	/	-31	*	91
=

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

MBIA'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)
=	1698	-	4253	+	0.75 * 329	+	0.5 * 0
=	-2,308.25

MBIA Change In Receivables Related Terms

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MBIA (MBI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » MBIA Inc (NYSE:MBI) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

MBJ:Germany MBJ:Germany

Address

1 Manhattanville Road, Suite 301, Purchase, NY, USA, 10577

Website

https://www.mbia.com

MBIA Inc provides financial guaranty insurance for municipal bonds and asset-backed securities in the United States and internationally. It offers an unconditional guarantee to repay the principal and interest on these securities if the issuer defaults. MBIA insures bonds sold in the primary and secondary markets, as well as those held in unit investment trusts and by mutual funds. It operates in three segments: the United States public finance insurance, corporate, and international & structured finance insurance. U.S. public finance insurance portfolio is managed through National Public Finance Guarantee Corporation. International & structured finance insurance business is managed through MBIA Insurance Corporation and its subsidiary.

Executives

Richard C Vaughan	director	C/O MBIA, 113 KING STREET, ARMONK NY 10504
Steven J Gilbert	director	540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Janice L. Innis-thompson	director	C/O MBIA INC., 1 MANHATTANVILLE ROAD - SUITE 301, PURCHASE NY 10577
William C Fallon	officer: Member, Exec. Policy Committee	C/O MBIA, 113 KING STREET, ARMONK NY 10504
Charles R Rinehart	director	DOWNEY FINANCIAL CORP., 3501 JAMBOREE ROAD, NEWPORT BEACH CA 92660
Theodore Shasta	director	C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Fine Capital Partners, L.p.	10 percent owner	3 COLUMBUS CIRCLE, 15TH FLOOR, NEW YORK NY 10019
Diane L Dewbrey	director	FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Daniel M. Avitabile	officer: Assistant Vice President	C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Adam T. Bergonzi	officer: Assistant Vice President	C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Christopher H. Young	officer: Assistant Vice President	C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Jonathan C. Harris	officer: General Counsel and Secretary	C/O MBIA INC., 1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joseph R. Schachinger	officer: Controller	1 MANHATTANVILLE ROAD, PURCHASE NY 10577
Joseph W Brown	director, officer: Chairman and CEO	C/O SAFECO, 4333 BROOKLYN AVENUE NE, SEATTLE WA 98185
Debra Fine	10 percent owner	590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022