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Aspen Insurance Holdings (Aspen Insurance Holdings) Accounts Receivable : $6,747 Mil (As of Dec. 2023)


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What is Aspen Insurance Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aspen Insurance Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $6,747 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aspen Insurance Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 855.99.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aspen Insurance Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-45.91.


Aspen Insurance Holdings Accounts Receivable Historical Data

The historical data trend for Aspen Insurance Holdings'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.

* Premium members only.

Aspen Insurance Holdings Accounts Receivable Chart

Aspen Insurance Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,081.90 4,833.90 5,198.80 7,117.40 6,746.60

Aspen Insurance Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Accounts Receivable 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 - 7,117.40 7,172.10 7,190.60 6,746.60

Aspen Insurance Holdings Accounts Receivable Calculation

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


Aspen Insurance Holdings 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=6746.6/719.2*91
=855.99

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

Aspen Insurance Holdings'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)
=(5261.3+0.75 * 6746.6+0.5 * 0-12316.3
-753.5-0)/59.8627
=-45.91

* 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.


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.


Aspen Insurance Holdings Accounts Receivable Related Terms

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Aspen Insurance Holdings (Aspen Insurance Holdings) Business Description

Traded in Other Exchanges
Address
141 Front Street, Hamilton, BMU, HM19
Aspen Insurance Holdings Ltd is a Bermudian insurance and reinsurance company. The company operates through subsidiaries that include Aspen Insurance UK, Aspen Underwriting, Aspen Bermuda, Aspen Specialty Insurance, and Aspen American Insurance Corporation. The company also has branches in Australia, Canada, Singapore, and Switzerland. The company's business is divided into two segments: Aspen Insurance and Aspen Reinsurance. Aspen Insurance consists of property and casualty insurance, marine, aviation and energy insurance, and financial and professional lines insurance. Aspen Reinsurance comprises property catastrophe reinsurance, other property reinsurance, casualty reinsurance, and specialty reinsurance.
Executives
Christian Dunleavy officer: CUO of Aspen Re C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Silvia Martinez officer: Group General Counsel 30 FENCHURCH STREET, LONDON X0 EC3M 3BD
Jeffrey Bryan Astwood officer: Group Chief Investment Officer 141 FRONT STREET, HAMILTON D0 HM19
Marcus Foley officer: Group Chief Strategy Officer 141 FRONT STREET, HAMILTON D0 HM19
Polycarpos Christakis Frydas officer: Group Chief Actuary C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Kane Christopher O director, officer: CEO ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Timothy Paul Aman officer: Group Chief Risk Officer 141 FRONT STREET, HAMILTON D0 HM19
Glyn Jones director ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Kate Vacher officer: CEO, ABL ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Emil Issavi officer: President and CUO, Aspen Re ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Gordon Ireland director C/O ASPEN INSURANCE HOLDINGS LIMITED, 141 FRONT STREET, HAMILTON D0 HM19
Scott Kirk officer: Group CFO C/O ARGO GROUP INTERNATIONAL HOLDINGS,, LTD. 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
David Alan Cohen officer: President and CUO Insurance C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19
Gernot Lohr director C/O APOLLO MANAGEMENT, L.P.,, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Grahame Dawe officer: Chief Accounting Officer C/O ASPEN INSURANCE HOLDINGS LTD, 141 FRONT STREET, HAMILTON D0 HM19

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