EG has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
EG has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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.
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.
Everest Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | 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 | 219.00 | -252.00 | -353.00 | -393.00 | 77.00 |
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.
Thank you for viewing the detailed overview of Everest Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
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 |
From GuruFocus
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 11-27-2023
By Business Wire • 09-08-2023
By Business Wire • 09-14-2023
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
By GuruFocus Research • 01-22-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.