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Two Harbors Investment's change in receivables for the quarter that ended in Dec. 2023 was $3.70 Mil. It means Two Harbors Investment's Accounts Receivable declined by $3.70 Mil from Sep. 2023 to Dec. 2023 .
Two Harbors Investment's change in receivables for the fiscal year that ended in Dec. 2023 was $0.68 Mil. It means Two Harbors Investment's Accounts Receivable declined by $0.68 Mil from Dec. 2022 to Dec. 2023 .
Two Harbors Investment's Accounts Receivable for the quarter that ended in Dec. 2023 was $35.34 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.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Two Harbors Investment's liquidation value for the three months ended in Dec. 2023 was $-10,179.09 Mil.
The historical data trend for Two Harbors Investment'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.
Two Harbors Investment Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -6.05 | 45.46 | 20.91 | -9.75 | 0.68 |
Two Harbors Investment 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 | 1.68 | -4.81 | 1.13 | 0.66 | 3.70 |
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 $0.68 Mil.
* 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.
Two Harbors Investment (NYSE:TWO) 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.
Two Harbors Investment's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 35.339 | / | -417.203 | * | 91 |
= |
2. In Ben Graham's calculation of liquidation value, Two Harbors Investment's accounts receivable are only considered to be worth 75% of book value:
Two Harbors Investment'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) |
= | 729.818 | - | 10935.41 | + | 0.75 * 35.339 | + | 0.5 * 0 |
= | -10,179.09 |
* 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.
Thank you for viewing the detailed overview of Two Harbors Investment's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Nicholas Letica | officer: Vice Pres. & Chief Inv. Off. | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Robert Rush | officer: Vice President & CRO | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Jason Vinar | officer: Vice President & Head of MSR | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Matthew Keen | officer: Vice President & CTO | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Alecia Hanson | officer: Vice President & CAO | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
William Ross Greenberg | officer: Co-Chief Investment Officer | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Mary Kathryn Riskey | officer: Chief Accounting Officer | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Rebecca B Sandberg | officer: General Counsel and Secretary | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
David B Hughes | other: EVP Servicing Ops RoundPoint | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Nathan Boucher | other: EVP General Counsel RoundPoint | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Spencer Abraham | director | 600 14TH STREET, NW, SUITE 500, WASHINGTON DC 20005 |
James J Bender | director | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Stephen G Kasnet | director | 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416 |
Matthew Koeppen | officer: Co-Chief Investment Officer | 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305 |
Thomas Siering | director, officer: Chief Executive Officer & Pres | TWO HARBORS INVESTMENT CORP., 601 CARLSON PARKWAY, SUITE 1400, MINNETONKA MN 55305 |
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