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WR Berkley (WR Berkley) Change In Receivables : $-334 Mil (TTM As of Dec. 2023)


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What is WR Berkley Change In Receivables?

WR Berkley's change in receivables for the quarter that ended in Dec. 2023 was $6 Mil. It means WR Berkley's Accounts Receivable declined by $6 Mil from Sep. 2023 to Dec. 2023 .

WR Berkley's change in receivables for the fiscal year that ended in Dec. 2023 was $-334 Mil. It means WR Berkley's Accounts Receivable increased by $334 Mil from Dec. 2022 to Dec. 2023 .

WR Berkley's Accounts Receivable for the quarter that ended in Dec. 2023 was $6,947 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. WR Berkley's Days Sales Outstanding for the three months ended in Dec. 2023 was 198.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. WR Berkley's liquidation value for the three months ended in Dec. 2023 was $-3,034 Mil.


WR Berkley Change In Receivables Historical Data

The historical data trend for WR Berkley'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.

* Premium members only.

WR Berkley Change In Receivables Chart

WR Berkley Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -189.15 -173.62 -364.40 -268.17 -334.18

WR Berkley 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -20.39 -33.46 -239.39 -67.21 5.88

WR Berkley 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 $-334 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.


WR Berkley  (NYSE:WRB) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6947.475/3187.806*91
=198.87

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

WR Berkley'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)
=21488.131-29732.778+0.75 * 6947.475+0.5 * 0
=-3,034

* 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.


WR Berkley Change In Receivables Related Terms

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WR Berkley (WR Berkley) Business Description

Traded in Other Exchanges
Address
475 Steamboat Road, Greenwich, CT, USA, 06830
W.R. Berkley is an insurance holding company with a host of subsidiaries that primarily underwrite commercial casualty insurance. The firm specializes in niche products that include various excess and surplus lines, workers' compensation insurance, self-insurance consulting, reinsurance, and regional commercial lines for small and midsize businesses.
Executives
Daniel Lynn Mosley director 475 STEAMBOAT ROAD, GREENWICH CT 06830
Mark Ellwood Brockbank director ROC FLEURI APT C41, 1 RUE DU TENAO, MONTE CARLO O9 98000
Jonathan Talisman director 475 STEAMBOAT ROAD, W R BERKLEY CORPORATION, GREENWICH CT 06830
Philip S Welt officer: EVP & General Counsel W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
James G Shiel officer: Sr.Vice Pres. - Investments C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Leigh Ann Pusey director LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Maria Luisa Ferre director PO BOX 9066590, SAN JUAN PR 00906-6590
Matthew M Ricciardi officer: SVP AND GENERAL COUNSEL W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Ira S Lederman officer: SVP-General Counsel & Sec. 475 STEAMBOAT ROAD, GREENWICH CT 06830
Clement P Patafio officer: V.P.-Corp. Controller C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Christopher L Augostini director C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Eugene G Ballard officer: Sr.V.P.- CFO & Treas. C/O W R BERKLEY CORP, 475 STEAMBOAT RD, GREENWICH CT 06830
Ronald E Blaylock director
Lucille T Sgaglione officer: Senior Vice President C/O W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830
Jeffrey Marc Hafter officer: SVP W. R. BERKLEY CORPORATION, 475 STEAMBOAT ROAD, GREENWICH CT 06830