White Mountains Insurance Group (White Mountains Insurance Group) Change In Receivables

: $86 Mil (TTM As of Dec. 2023)

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White Mountains Insurance Group's change in receivables for the quarter that ended in Dec. 2023 was $266 Mil. It means White Mountains Insurance Group's Accounts Receivable declined by $266 Mil from Sep. 2023 to Dec. 2023 .

White Mountains Insurance Group's change in receivables for the fiscal year that ended in Dec. 2023 was $86 Mil. It means White Mountains Insurance Group's Accounts Receivable declined by $86 Mil from Dec. 2022 to Dec. 2023 .

White Mountains Insurance Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,060 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. White Mountains Insurance Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 131.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. White Mountains Insurance Group's liquidation value for the three months ended in Dec. 2023 was $-1,419 Mil.

White Mountains Insurance Group Change In Receivables Historical Data

The historical data trend for White Mountains Insurance 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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White Mountains Insurance Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-26.80

-3.10

-91.30

-207.60

86.30

White Mountains Insurance 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																169.80	-340.60	-266.70	427.80	265.80

White Mountains Insurance 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 $86 Mil.

White Mountains Insurance Group (NYSE:WTM) 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.

White Mountains Insurance 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
=	1059.7	/	736.8	*	91
=	131.24

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

White Mountains Insurance 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)
=	1610.3	-	3824.3	+	0.75 * 1059.7	+	0.5 * 0
=	-1,419

White Mountains Insurance Group Change In Receivables Related Terms

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White Mountains Insurance Group (White Mountains Insurance Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » White Mountains Insurance Group Ltd (NYSE:WTM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

WNI:Germany

Address

23 South Main Street, Suite 3B, Hanover, NH, USA, 03755-2053

Website

https://www.whitemountains.com

White Mountains Insurance Group Ltd is engaged in the business of making opportunistic and value-oriented acquisitions of businesses and assets in the insurance, financial services and related sectors, operating these businesses and assets through its subsidiaries and, if and when attractive exit valuations become available, disposing of these businesses and assets. The company conducts its business in four areas: municipal bond insurance, property and casualty insurance and reinsurance, capital solutions for asset and wealth management firms and other operations. White Mountains's municipal bond insurance business is conducted through its subsidiary HG Global Ltd. and its reinsurance subsidiary HG Re Ltd.

Executives

Weston M Hicks	director	C/O ALLEGHANY CORPORATION, 1411 BROADWAY, 34TH FLOOR, NEW YORK NY 10018
Steven Yi	director	700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES CA 90017
Michaela Hildreth	officer: Chief Accounting Officer	23 S MAIN STREET, SUITE 3B, HANOVER NH 03755
Peter M Carlson	director	BRIGHTHOUSE FINANCIAL, INC., 11225 NORTH COMMUNITY HOUSE ROAD, CHARLOTTE NC 28277
Morgan W Davis	director	80 SOUTH MAIN STREET, HANOVER NH 03755
Suzanne F. Shank	director	C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Mary C Choksi	director
Philip A Gelston	director	80 SOUTH MAIN ST, C/O WHITE MOUNTAINS, HANOVER NH 03755
David Allen Tanner	director	C/O ARLON GROUP LLC, 277 PARK AVE, NEW YORK NY 10172
Margaret Dillon	director	C/O GUIDEWIRE SOFTWARE, INC., 2850 DELAWARE ST. STE 400, SAN MATEO CA 94403
Liam P Caffrey	officer: EVP & Chief Financial Officer	23 S MAIN STREET, STE. 3B, HANOVER NH 03755
Robert Lawrence Seelig	officer: EVP & General Counsel
George Manning Rountree	director, officer: Chief Executive Officer	C/O 80 SOUTH MAIN STREET, HANOVER NH 03755
Reid Tarlton Campbell	officer: EVP & Chief Financial Officer	C/O WHITE MOUNTAINS INSURANCE GROUP, 80 SOUTH MAIN STREET, HANOVER NH 03755
Lowndes Andrew Smith	director	C/O WHITE MOUNTIAN INSURANCE GROUP, 80 S MIAN ST, HANOVER NH 03755