GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Bowhead Specialty Holdings Inc (NYSE:BOW) » Definitions » Accounts Receivable

BOW (Bowhead Specialty Holdings) Accounts Receivable : $358.1 Mil (As of Mar. 2025)


View and export this data going back to 2024. Start your Free Trial

What is Bowhead Specialty Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Bowhead Specialty Holdings's accounts receivables for the quarter that ended in Mar. 2025 was $358.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Bowhead Specialty Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2025 was 266.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Bowhead Specialty Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2025 was $-13.18.


Bowhead Specialty Holdings Accounts Receivable Historical Data

The historical data trend for Bowhead Specialty 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.

Bowhead Specialty Holdings Accounts Receivable Chart

Bowhead Specialty Holdings Annual Data
Trend Dec22 Dec23 Dec24
Accounts Receivable
93.02 178.21 318.74

Bowhead Specialty Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only 210.85 261.52 271.72 318.74 358.10

Bowhead Specialty Holdings Accounts Receivable Calculation

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


Bowhead Specialty 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.

Bowhead Specialty Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=358.103/122.762*91
=266.18

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

Bowhead Specialty Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2025 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)
=(662.602+0.75 * 358.103+0.5 * 0-1361.709
-0-0)/32.663
=-13.18

* 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.


Bowhead Specialty Holdings Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Bowhead Specialty Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Bowhead Specialty Holdings Business Description

Traded in Other Exchanges
N/A
Address
452 Fifth Avenue, New York, NY, USA, 10018
Bowhead Specialty Holdings Inc offers commercial specialty property and casualty insurance products. The company offers underwriting solutions to various businesses across four underwriting divisions, which include Casualty, Professional Liability, Healthcare Liability, and Baleen Specialty. A majority of its revenue is generated from the Casualty division which specializes in general liability coverage, which protects a company against liability arising from bodily injury, personal injury or property damage, for risks in the construction, distribution, heavy manufacturing, real estate, public entity and hospitality segments and also considers underwriting risks in a broader range of industries. Geographically, the company operates in the United States.