GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PartnerRe Ltd (OTCPK:PREJF.PFD) » Definitions » Accounts Receivable

PREJF.PFD (PartnerRe) Accounts Receivable : $4,019.93 Mil (As of Dec. 2020)


View and export this data going back to 2021. Start your Free Trial

What is PartnerRe Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. PartnerRe's accounts receivables for the quarter that ended in Dec. 2020 was $4,019.93 Mil.

Accounts receivable can be measured by Days Sales Outstanding. PartnerRe's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 180.09.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. PartnerRe's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $N/A.


PartnerRe Accounts Receivable Historical Data

The historical data trend for PartnerRe'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.

PartnerRe Accounts Receivable Chart

PartnerRe Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3,553.65 3,873.83 4,289.09 4,019.93

PartnerRe Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 4,289.09 4,421.16 4,299.89 4,210.65 4,019.93

PartnerRe Accounts Receivable Calculation

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


PartnerRe 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.

PartnerRe's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4019.933/2036.885*91
=180.09

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

PartnerRe's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(2767.183+0.75 * 4019.933+0.5 * 0-19571.578
-25.49-0)/0
=N/A

* 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.


PartnerRe Accounts Receivable Related Terms

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


PartnerRe Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
90 Pitts Bay Road, Pembroke, BMU, HM 08
PartnerRe Ltd is a Bermuda-based holding company for international reinsurance groups, including Partner Reinsurance Company, Partner Reinsurance Europe SE, Partner Reinsurance Company of the U.S., and Partner Reinsurance Asia. PartnerRe reinsures risks include property, casualty, motor, agriculture, aviation/space, catastrophe, credit/surety, engineering, energy, marine, specialty property, specialty casualty, multiline and other lines, mortality, longevity, accident and health, and alternative risk products. The company operates through the following segments the P&C segment, the Specialty segment under the non-life division, and the Life and Health segment. PartnerRe derives the majority of its revenue from the P&C segment.
Executives
Debra J Perry director 515 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Greg Fook-hin Seow director 33 ROCHESTER DRIVE, #33-03, SINGAPORE U0 138638
Roberto G Mendoza director C/O JP MORGAN & CO INCORPORATED, 60 WALL STREET, NEW YORK NY 10260
David K Zwiener director
Egbert P Willam director WILHELM-VON-CAPITAINE-STR. 5, COLOGNE 2M D-50858
Theodore C Walker officer: President & CEO, PartnerRe NA WELLESLEY HOUSE SOUTH,, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Marvin Pestcoe officer: CEO of PartnerRe CMG ONE GREENWICH PLAZA, GREENWICH CT 06830-6352
Emmanuel Clarke officer: CEO, PartnerRe Global BELLERIVESTRASSE 36, ZURICH V8 8034
David Outtrim officer: Chief Accounting Officer WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, 5TH FLOOR, PEMBROKE D0 HM 09
William Babcock officer: EVP & CFO, PartnerRe Ltd. C/O ENDURANCE SERVICES LIMITED, 333 WESTCHESTER AVE., WEST BUILDING, WHITE PLAINS NY 10604
Miranthis Constantinos officer: Chief Actuarial Officer C/O PARTNERRE LTD., WELLESLEY HOUSE, SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Judith Hanratty director C/O PARTNERRE LTD, WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM08
Laurie Desmet officer: Chief Accounting Officer C/O PARTNERRE LTD, WELLESLEY HOUSE SOUTH, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Scott D Moore officer: CEO PartnerRe US PARTNERRE LTD, WELLESLEY HOUSE 90 PITTS BAY RD, PEMBROKE BERMUDA D0 HM 08
Albert Benchimol officer: EVP & Chief Financial Officer AXIS CAPITAL HOLDINGS LIMITED, 92 PITTS BAY ROAD, PEMBROKE BERMUDA D0 HM 08

PartnerRe Headlines

From GuruFocus

PartnerRe Ltd. (PRE) CEO of PartnerRe CMG & CFO Albert Benchimol sells 15,000 Shares

By GuruFocus Research GuruFocus Editor 08-10-2010

PartnerRe Ltd. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2009

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 16,600 Shares

By GuruFocus Research GuruFocus Editor 12-29-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 7,000 Shares

By GuruFocus Research GuruFocus Editor 12-29-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 55,636 Shares

By GuruFocus Research GuruFocus Editor 03-18-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 20,560 Shares

By GuruFocus Research GuruFocus Editor 12-21-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 36,400 Shares

By GuruFocus Research GuruFocus Editor 12-29-2010

PartnerRe Ltd. (PRE) CEO Patrick A Thiele sells 37,440 Shares

By GuruFocus Research GuruFocus Editor 12-21-2010