Principal Financial Group (Principal Financial Group) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

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What is Principal Financial Group Change In Receivables?

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

Principal Financial Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-37 Mil. It means Principal Financial Group's Accounts Receivable increased by $37 Mil from Dec. 2022 to Dec. 2023 .

Principal Financial Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $24,611 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. Principal Financial Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 834.59.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Principal Financial Group's liquidation value for the three months ended in Dec. 2023 was $-248,184 Mil.

Principal Financial Group Change In Receivables Historical Data

The historical data trend for Principal Financial 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.

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Principal Financial Group Change In Receivables Chart

Principal Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-247.60

61.90

8.30

-3,301.90

-36.70

Principal Financial 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															-	-	-	-	-

Principal Financial 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 $0 Mil.

Principal Financial Group (NAS:PFG) 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.

Principal Financial 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
=	24610.5	/	2690.8	*	91
=	834.59

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

Principal Financial 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)
=	27194.5	-	293836.1	+	0.75 * 24610.5	+	0.5 * 0
=	-248,184

Principal Financial Group Change In Receivables Related Terms

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Principal Financial Group (Principal Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Principal Financial Group Inc (NAS:PFG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PG4:Germany

Address

711 High Street, Des Moines, IA, USA, 50392

Website

https://www.principal.com

Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.

Executives

Luis E. Valdes	officer: Executive Chairman, Latam	711 HIGH STREET, DES MOINES IA 50392-0300
Sandra L Helton	director	711 HIGH STREET, DES MOINES IA 50392-0300
Wee Yee Cheong	officer: EVP, Principal Asia	711 HIGH STREET, DES MOINES IA 50392
Roberto Walker	officer: EVP, Principal Latin American	711 HIGH ST., DES MOINES IA 50392
Renee V. Schaaf	officer: President - RIS	711 HIGH STREET, DES MOINES IA 50392
Natalie Lamarque	officer: EVP, General Counsel, and Secr	711 HIGH STREET, DES MOINES IA 50392
H Elizabeth Mitchell	director	PLATINUM UNDERWRITERS REINSURANCE, INC., 2 WORLD FINANCIAL CENTER, SUITE 2300, NEW YORK NY 10281
Jonathan Auerbach	director	C/O PAYPAL HOLDINGS, INC., 2211 NORTH FIRST STREET, SAN JOSE CA 95131
Claudio Muruzabal	director	711 HIGH STREET, DES MOINES IA 50392
Maliz E Beams	director	C/O PORT FINANCIAL CORP, 1380 SOLDIERS FIELD RD, BRIGHTON MA 02135
Alfredo Rivera	director	THE COCA-COLA COMPANY, ONE COCA-COLA PLAZA, ATLANTA GA 30313
Scott Mills	director	1515 BROADWAY, NEW YORK NY 10036
Clare Stack Richer	director	BAIN CAPITAL, LP, 200 CLARENDON STREET, BOSTON MA 02116
Diane C Nordin	director	711 HIGH ST., DES MOINES IA 50392
Roger C Hochschild	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015