Greenlight Capital Re (FRA:G8L) Change In Receivables : €-99.8 Mil (TTM As of Jun. 2024)

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What is Greenlight Capital Re Change In Receivables?

Greenlight Capital Re's change in receivables for the quarter that ended in Jun. 2024 was €-6.4 Mil. It means Greenlight Capital Re's Accounts Receivable increased by €6.4 Mil from Mar. 2024 to Jun. 2024 .

Greenlight Capital Re's change in receivables for the fiscal year that ended in Dec. 2023 was €-116.7 Mil. It means Greenlight Capital Re's Accounts Receivable increased by €116.7 Mil from Dec. 2022 to Dec. 2023 .

Greenlight Capital Re's Accounts Receivable for the quarter that ended in Jun. 2024 was €692.5 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. Greenlight Capital Re's Days Sales Outstanding for the three months ended in Jun. 2024 was 398.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Greenlight Capital Re's liquidation value for the three months ended in Jun. 2024 was €-608.2 Mil.

Greenlight Capital Re Change In Receivables Historical Data

The historical data trend for Greenlight Capital Re'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.

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Greenlight Capital Re Change In Receivables Chart

Greenlight Capital Re Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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77.44

-73.41

-61.40

-96.87

-116.66

Greenlight Capital Re Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Change In Receivables	Get a 7-Day Free Trial															-37.12	-28.99	21.74	-86.15	-6.39

Greenlight Capital Re 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-99.8 Mil.

Greenlight Capital Re (FRA:G8L) 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.

Greenlight Capital Re's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	692.467	/	158.425	*	91
=	398.85

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

Greenlight Capital Re's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	48.531	-	1176.047	+	0.75 * 692.467	+	0.5 * 0
=	-608.2

Greenlight Capital Re Change In Receivables Related Terms

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Greenlight Capital Re Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Greenlight Capital Re Ltd (FRA:G8L) » Definitions » Change In Receivables

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GLRE:USA

Address

65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205

Website

https://www.greenlightre.com

Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.

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