Chubb (CB) Accounts Receivable

: $33,611 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Chubb's accounts receivables for the quarter that ended in Dec. 2023 was $33,611 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Chubb's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 234.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Chubb's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-276.80.

Chubb Accounts Receivable Historical Data

The historical data trend for Chubb'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.

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Chubb Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

25,735.00

26,278.00

28,901.00

31,094.00

33,611.00

Chubb Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																31,094.00	30,760.00	32,841.00	33,972.00	33,611.00

Chubb Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Chubb 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.

Chubb's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	33611	/	13084	*	91
=	234.41

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Chubb's accounts receivable are only considered to be worth 75% of book value:

Chubb'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)
=	(33787	+	0.75 * 33611	+	0.5 * 0	-	166991
-	0	-	4184)	/	405.27
=	-276.80

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.

Chubb Accounts Receivable Related Terms

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Chubb (CB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Chubb Ltd (NYSE:CB) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CB:Mexico C1BL34:Brazil

Address

Baerengasse 32, Zurich, CHE, CH-8001

Website

https://www.chubb.com

ACE acquired Chubb in the first quarter of 2016 and assumed the Chubb name. The combination made the new Chubb one of the largest domestic property and casualty insurers, with operations in 54 countries spanning commercial and personal P&C insurance, reinsurance, and life insurance.

Executives

Juan Luis Ortega	officer: Executive Vice President*	CHUBB, AVENUE OF THE AMERICAS, NEW YORK NY 10036
John J Lupica	officer: Chrm, Ins - NA, Pres.- ACE USA	436 WALNUT STREET, PHILADELPHIA PA 19106-3703
Joseph F Wayland	officer: General Counsel	1133 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10036
John W Keogh	officer: CEO of ACE Overseas General	ACE OVERSEAS GENERAL, 1133 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Theodore Shasta	director	C/O MBIA INC., 113 KING STREET, ARMONK NY 10504
Timothy Alan Boroughs	officer: Chief Investment Officer*	1133 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Michael G Atieh	director	MERCK MEDCO MANAGED CARE INC, 100 SUMMIT AVE, MONTVALE NJ 07645
Annmarie T Hagan	officer: Chief Accounting Officer	TWO LIBERTY PLACE, 1601 CHESTNUT STREET, PHILADELPHIA PA 19192
Frances D. O'brien	officer: Chief Risk Officer	THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08
Nancy Buese	director	1515 ARAPAHOE STREET, DENVER CO 80202-2126
Michael Corbat	director	388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Bryce L. Johns	officer: Senior Vice President, *	THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08
Sean Ringsted	officer: Chief Risk Officer and*	THE ACE BLDG., 17 WOODBOURNE AVE., HAMILTON D0 HM 08
Evan G Greenberg	director, officer: President & COO	THE CHUBB BUILDING, 17 WOODBOURNE AVENUE, HAMILTON D0 HM 08
Kathleen Bonanno	director	3000 TANNERY WAY, SANTA CLARA CA 95054