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Syncora Holdings (Syncora Holdings) Accounts Receivable : $420.32 Mil (As of Mar. 2019)


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What is Syncora Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Syncora Holdings's accounts receivables for the quarter that ended in Mar. 2019 was $420.32 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Syncora Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2019 was 20,698.34.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Syncora Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2019 was $0.18.


Syncora Holdings Accounts Receivable Historical Data

The historical data trend for Syncora 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.

Syncora Holdings Accounts Receivable Chart

Syncora Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 614.46 535.76 422.70 625.38 416.50

Syncora Holdings Quarterly Data
Dec12 Dec13 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 363.09 483.47 472.43 416.50 420.32

Syncora Holdings Accounts Receivable Calculation

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


Syncora 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.

Syncora Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=420.318/1.853*91
=20,698.34

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

Syncora Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2019 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)
=(693.312+0.75 * 420.318+0.5 * 0-985.144
-0-7.674)/87.0576
=0.18

* 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.


Syncora Holdings Accounts Receivable Related Terms

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Syncora Holdings (Syncora Holdings) Business Description

Traded in Other Exchanges
N/A
Address
22 Victoria Street, Canon's Court, Hamilton, BMU, HM 12
Syncora Holdings Ltd is a Bermuda holding company that provides through its wholly-owned subsidiaries, financial guarantee insurance and reinsurance. It has one reportable operating business segment, Financial Guarantee Insurance. The financial guarantee business segment is conducted through its operating subsidiaries, SGI and SCAI.
Executives
Duncan P Hennes director SYNCORA HOLDINGS LTD, A S COOPER BLDG, 26 REID STREET, HAMILTON D0 HM11
Edward J Muhl director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Xl Insurance (bermuda) Ltd 10 percent owner XL HOUSE, ONE BERMUDIANA ROAD, HAMILTON D0 HM 11
Mary R Hennessy director 651 CLINTON AVE, HADDONFIELD NJ 08033
Claude Leblanc officer: Executive Vice President ONE BERMUDIANA ROAD, HAMILTON D0 HM 11

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