Radian Group (Radian Group) Change In Receivables : $0 Mil (TTM As of Dec. 2023)

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What is Radian Group Change In Receivables?

Radian Group's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Radian Group's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Radian Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-2 Mil. It means Radian Group's Accounts Receivable increased by $2 Mil from Dec. 2022 to Dec. 2023 .

Radian Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $150 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. Radian Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Radian Group's liquidation value for the three months ended in Dec. 2023 was $2,784 Mil.

Radian Group Change In Receivables Historical Data

The historical data trend for Radian 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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Radian Group Change In Receivables Chart

Radian Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-28.08

-85.51

2.58

46.47

-1.89

Radian 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															-	-	-	-	-

Radian 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 $0 Mil.

Radian Group (NYSE:RDN) 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.

Radian 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
=	149.766	/	326.022	*	91
=	41.92

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

Radian 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)
=	5867.793	-	3196.128	+	0.75 * 149.766	+	0.5 * 0
=	2,784

Radian Group Change In Receivables Related Terms

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Radian Group (Radian Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Radian Group Inc (NYSE:RDN) » Definitions » Change In Receivables

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Traded in Other Exchanges

RAG:Germany

Address

550 East Swedesford Road, Suite 350, Wayne, PA, USA, 19087

Website

https://www.radian.com

Radian Group Inc provides mortgage insurance and services to the real estate and mortgage finance industries. Radian's mortgage insurance provides coverage to lending institutions throughout the United States. Its services include analytics and consulting for buyers and sellers of, and investors in, mortgage- and real estate-related loans and securities and other asset-backed securities. Insurance premiums account for more than three fourths of the company's revenue. Services revenue and investment income are the other principal sources of revenue. It operates in two segments: Mortgage and homegenius. The Mortgage segment earns the majority of revenue.

Executives

Gregory Serio	director	RADIAN GROUP INC., 1601 MARKET ST., PHILADELPHIA PA 19103
Lisa Hess	director	RADIAN GROUP, 1601 MARKET ST, PHILADELPHIA PA 19103
Margaret Anne Leyden	director	550 E. SWEDESFORD RD.,, STE 350, WAYNE PA 19087
Edward J Hoffman	officer: SVP, Secretary and General Cou	1601 MARKET STREET, PHILADELPHIA PA 19103
Lisa Mumford	director	6 BEACHWOOD COURT, DIX HILLS NY 11746
Eric Ray	officer: Sr, Executive Vice President	C/O RADIAN, 1500 MARKET ST., #2050W, PHILADELPHIA PA 19102
Noel Joseph Spiegel	director	RADIAN GROUP INC., 1601 MARKET STREET, PHILADELPHIA PA 19103
Howard Bernard Culang	director	9 MARISSA COURT, ATLANTIC HIGHLANDS NJ 07716
Derek Brummer	officer: Chief Risk Officer	RADIAN GROUP INC., 1601 MARKET ST, PHILADELPHIA PA 19103
Sumita Pandit	officer: Sr. EVP, Chief Growth Officer	550 EAST SWEDESFORD RD., #350, WAYNE PA 19087
Fawad Ahmad	director	C/) RADIAN GROUP INC., 550 E. SWEDESFORD RD., #350, WAYNE PA 19087
Brien Mcmahon	officer: EVP & Chief Franchise Officer	1500 MARKET ST., WEST TOWER, #2050, PHILADELPHIA PA 19102
Richard G Thornberry	director, officer: Chief Executive Officer	RADIAN, 1601 MARKET ST, PHILADELPHIA PA 19103
Mary Dickerson	officer: EVP Chief People Officer	RADIAN GROUP INC., 1500 MARKET ST., #2050W, PHILADELPHIA PA 19102
Brad L. Conner	director	CITIZENS FINANCIAL GROUP, 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901