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Principal Financial Group (FRA:PG4) Change In Receivables : €0 Mil (TTM As of Mar. 2024)


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What is Principal Financial Group Change In Receivables?

Principal Financial Group's change in receivables for the quarter that ended in Mar. 2024 was €0 Mil. It means Principal Financial Group's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Principal Financial Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-34 Mil. It means Principal Financial Group's Accounts Receivable increased by €34 Mil from Dec. 2022 to Dec. 2023 .

Principal Financial Group's Accounts Receivable for the quarter that ended in Mar. 2024 was €22,097 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. Principal Financial Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 540.71.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Principal Financial Group's liquidation value for the three months ended in Mar. 2024 was €-231,420 Mil.

Principal Financial Group Change In Receivables Historical Data

The historical data trend for Principal Financial Group'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.

* Premium members only.

Principal Financial Group Change In Receivables Chart

Principal Financial Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -222.84 50.88 7.35 -3,116.99 -33.65

Principal Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 - - - - -

Principal Financial Group 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0 Mil.

* 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.

Principal Financial Group  (FRA:PG4) 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.

Principal Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=22096.836/3729.036*91
=540.71

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

Principal Financial Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=25323.092-273315.716+0.75 * 22096.836+0.5 * 0
=-231,420

* 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.

Principal Financial Group Change In Receivables Related Terms

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Principal Financial Group (FRA:PG4) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Principal Financial Group Inc (FRA:PG4) » Definitions » Change In Receivables
Comparable Companies
NTRS CRBG CG STT BEN ARCC TROW ARES OWL SEIC BLK BX KKR OSTO:INVE A APO TSX:BN BK AMP LSE:III XSWX:PGHN
Traded in Other Exchanges
PFG:USA
Address
711 High Street, Des Moines, IA, USA, 50392
Website
https://www.principal.com
Principal Financial Group Inc is a leader in Global investment management offering businesses, individuals and institutional clients a wide range of financial products and services, including retirement, asset management and insurance through our diverse family of financial services companies. It operates in four business segments that are Retirement and Income Solutions, Principal Global Investors, Principal International, and United States Insurance Solutions. The company receives maximum revenue in the form of premiums.

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