Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Assured Guaranty's accounts receivables for the quarter that ended in Dec. 2023 was $1,766 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Assured Guaranty's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 571.45.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Assured Guaranty's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $45.60.
Assured Guaranty Accounts Receivable Historical Data
The historical data trend for Assured Guaranty's Accounts Receivable 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.
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
Assured Guaranty Accounts Receivable 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 receivables are being managed.
Assured Guaranty's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Assured Guaranty's accounts receivable are only considered to be worth 75% of book value:
Assured Guaranty's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Be Aware
Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.
If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.
Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.
Assured Guaranty Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Assured Guaranty's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Assured Guaranty (Assured Guaranty) Business Description
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets, and manages assets across collateralized loan obligations as well as opportunity funds and liquid strategy funds that build on its corporate credit, asset-based finance, municipal and healthcare experience. The company is operating in two segments Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
AGO has been successfully added to your 