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Everest Group (Everest Group) Change In Receivables

: $-921 Mil (TTM As of Dec. 2023)
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Everest Group's change in receivables for the quarter that ended in Dec. 2023 was $77 Mil. It means Everest Group's Accounts Receivable declined by $77 Mil from Sep. 2023 to Dec. 2023 .

Everest Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-921 Mil. It means Everest Group's Accounts Receivable increased by $921 Mil from Dec. 2022 to Dec. 2023 .

Everest Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $7,030 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. Everest Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 176.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Everest Group's liquidation value for the three months ended in Dec. 2023 was $380 Mil.


Everest Group Change In Receivables Historical Data

The historical data trend for Everest 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.

* Premium members only.

Everest Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 -538.00 -774.00 -848.00 -921.00

Everest 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 219.00 -252.00 -353.00 -393.00 77.00

Everest 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 $-921 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.


Everest Group  (NYSE:EG) 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.

Everest 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
=7030/3632*91
=176.62

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

Everest 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)
=31304-36197+0.75 * 7030+0.5 * 0
=380

* 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.


Everest Group Change In Receivables Related Terms

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Everest Group (Everest Group) Business Description

Traded in Other Exchanges
Address
141 Front Street, Seon Place - 4th Floor, P.O. Box HM 845, Hamilton, BMU, HM 19
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.
Executives
Juan C Andrade officer: President and CEO THE HARTFORD, ONE HARTFORD PLAZA, HARTFORD CT 06155
Meryl D Hartzband director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Hazel Mcneilage director 16600 SWINGLEY RIDGE ROAD, CHESTERFIELD MO 63017
John A Weber director COPLEY SQUARE CAPITAL MANAGEMENT, 108 MYRTLE STREET, NORTH QUINCY MA 02171
Sanjoy Mukherjee officer: General Counsel 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Galtney William F Jr director THE GALTNEY GROUP, INC., 820 GESSNER, SUITE 1000, HOUSTON TX 77024-4259
Roger M. Singer director P.O. BOX 2756, DURANGO CO 81302
John P Doucette officer: Executive VP and CUO 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Mike Karmilowicz officer: EVP, Pres/CEO Insurance Div 100 EVEREST WAY, WARREN NJ 07059
James Allan Williamson officer: EVP, Chief Operating Officer 100 EVEREST WAY, WARREN NJ 07059
Mark Kociancic officer: EVP & CFO 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Geraldine Losquadro director 200 EAST 74TH STREET APT 10, NEW YORK CITY NY 10021
Joseph V Taranto director, officer: Chairman and CEO EVEREST REINSURANCE CO, 100 EVEREST WAY, WARREN NJ 07059
John A Graf director 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938
Jonathan Zaffino officer: SVP & President Everest Nat'l 477 MARTINSVILLE ROAD, LIBERTY CORNER NJ 07938

Everest Group (Everest Group) Headlines

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