AMSF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AMSF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AMERISAFE's accounts receivables for the quarter that ended in Dec. 2023 was $262.8 Mil.
Accounts receivable can be measured by Days Sales Outstanding. AMERISAFE's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 299.33.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AMERISAFE's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-20.06.
The historical data trend for AMERISAFE'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.
AMERISAFE Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Accounts Receivable | Get a 7-Day Free Trial | 253.87 | 262.56 | 255.66 | 247.39 | 262.82 |
AMERISAFE Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Accounts Receivable | Get a 7-Day Free Trial | 247.39 | 255.19 | 264.66 | 272.13 | 262.82 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
AMERISAFE's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 262.824 | / | 80.122 | * | 91 |
= | 299.33 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), AMERISAFE's accounts receivable are only considered to be worth 75% of book value:
AMERISAFE's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:
Net-Net Working Capital Per Share | |||||||
= | (Cash And Cash Equivalents | + | 0.75 * Accounts Receivable | + | 0.5 * Total Inventories | - | Total Liabilities |
- | Preferred Stock | - | Minority Interest) | / | Shares Outstanding (EOP) | ||
= | (355.746 | + | 0.75 * 262.824 | + | 0.5 * 0 | - | 936.711 |
- | 0 | - | 0) | / | 19.135 | ||
= | -20.06 |
* 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.
Thank you for viewing the detailed overview of AMERISAFE's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Anastasios Omiridis | officer: EVP-CFO | 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601 |
Wise Raymond F. Jr. | officer: EVP - CSO | 10375 PROFESSIONAL CIRCLE, RENO NV 89521 |
Andrew B. Mccray | officer: EVP-CUO | 2301 HIGHWAY 27, DERIDDER LA 70634 |
Kathryn Housh Shirley | officer: EVP, General Counsel | 2301 HIGHWAY 190 WEST, DERIDDER LA 70634 |
Vincent J. Gagliano | officer: EVP - Chief Technology Officer | 2301 HIGHWAY 190 WEST, DERIDDER LA 70634 |
G. Janelle Frost | officer: EVP/CFO | 2301 HIGHWAY 190 WEST, DERIDDER LA 70634 |
Neal Andrew Fuller | officer: EVP-CFO | C/O SEABRIGHT HOLDINGS, INC., 1501 4TH AVENUE, SUITE 2600, SEATTLE WA 98101 |
Billy B Greer | director | 2301 HIGHWAY 190 WEST, DERIDDER LA 70634 |
Philip A Garcia | director | 100 ERIE INSURANCE PL, ERIE PA 16530 |
Sean Traynor | director | 320 PARK AVENUE STE 2500, NEW YORK NY 10022 |
Randy Roach | director | 2301 HIGHWAY 190 WEST, DERIDDER LA 70634-6006 |
Jared A Morris | director | AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634 |
Millard E Morris | director | 2301 HIGHWAY 190 WEST, DERIDDER LA 70634-6006 |
Bradley C Allen Jr | director, officer: President and CEO | AMERISAFE INC, 2301 HIGHWAY 190 WEST, DERIDDER LA 70634 |
Teri G. Fontenot | director | 18933 EAST PINNACLE CIRCLE, BATON ROUGE LA 70634 |
From GuruFocus
By GuruFocus Research • 10-30-2023
By Business Wire Business Wire • 01-05-2023
By Business Wire • 07-27-2023
By Business Wire Business Wire • 06-24-2021
By Business Wire • 08-08-2023
By Business Wire Business Wire • 02-22-2022
By Business Wire Business Wire • 02-20-2023
By Business Wire • 07-03-2023
By GuruFocus Research • 09-12-2023
By Business Wire Business Wire • 06-29-2022
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.