Sun Life Financial (Sun Life Financial) Change In Receivables

: $0 Mil (TTM As of Dec. 2023)

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

Sun Life Financial's change in receivables for the fiscal year that ended in Dec. 2023 was $0 Mil. It means Sun Life Financial's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Sun Life Financial's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,799 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. Sun Life Financial's Days Sales Outstanding for the three months ended in Dec. 2023 was 11.83.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sun Life Financial's liquidation value for the three months ended in Dec. 2023 was $-208,516 Mil.

Sun Life Financial Change In Receivables Historical Data

The historical data trend for Sun Life Financial'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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Sun Life Financial Annual Data

Trend

Dec14

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Dec20

Dec21

Dec22

Dec23

Change In Receivables

Sun Life Financial 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																-	-	-	-	-

Sun Life Financial 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.

Sun Life Financial (NYSE:SLF) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1799.344	/	13879.696	*	91
=	11.83

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

Sun Life Financial'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)
=	20487.478	-	230352.564	+	0.75 * 1799.344	+	0.5 * 0
=	-208,516

Sun Life Financial Change In Receivables Related Terms

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Sun Life Financial (Sun Life Financial) Business Description

Industry

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Address

1 York Street, 31st Floor, Toronto, ON, CAN, M5J 0B6

Website

https://www.sunlife.com

Sun Life provides life insurance, retirement, and asset management products to individuals and corporate customers in Canada, the United States, and Asia. The company's investment management business contributes approximately 38% of its adjusted earnings and has around CAD 1 trillion in assets under management as of the second quarter of 2023. The Canada business contributes about 32% of adjusted earnings and provides individual life and health insurance, group insurance, retirement services, and wealth management solutions. The U.S. business contributes approximately 14% of earnings and is mainly focused on providing group insurance products and managing the in-force life insurance policies. Finally, the Asia segment contributes around 16% of earnings.