HVRRF (Hannover Rueck SE) Change In Receivables: $0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HVRRF Hannover Rueck SE HVRRF
76 GF Score
Price $274.90
GF Value $350.24
Valuation Modestly Undervalued
View Full Analysis

What is Hannover Rueck SE Change In Receivables?

Hannover Rueck SE HVRRF 76 Change In Receivables is $0 Mil as of Mar. 2026. GuruFocus rates HVRRF with a GF Score™ of 76/100 and a GF Value™ of $350.24 (Modestly Undervalued).

Hannover Rueck SE's change in receivables for the quarter that ended in Mar. 2026 was $0 Mil. It means Hannover Rueck SE's Accounts Receivable stayed the same from Dec. 2025 to Mar. 2026 .

Hannover Rueck SE's change in receivables for the fiscal year that ended in Dec. 2025 was $0 Mil. It means Hannover Rueck SE's Accounts Receivable stayed the same from Dec. 2024 to Dec. 2025 .

Hannover Rueck SE's Accounts Receivable for the quarter that ended in Mar. 2026 was $1,389 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. Hannover Rueck SE's Days Sales Outstanding for the three months ended in Mar. 2026 was 16.32.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Hannover Rueck SE's liquidation value for the three months ended in Mar. 2026 was $2,614 Mil.

Hannover Rueck SE  (OTCPK:HVRRF) 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.

Hannover Rueck SE's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1389.364/7770.636*91
=16.32

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

Hannover Rueck SE's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=69274.335-67702.659+0.75 * 1389.364+0.5 * 0
=2,614

* 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.

Hannover Rueck SE Change In Receivables Related Terms

Hannover Rueck SE Change In Receivables Historical Data

* Premium members only.

The historical data trend for Hannover Rueck SE'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.

Hannover Rueck SE Change In Receivables Chart

Hannover Rueck SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 272.69 367.42 0.00 0.00 0.00

Hannover Rueck SE Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00
HVRRF
76GF Score
Hannover Rueck SE HVRRF
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hannover Rueck SE 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. 2026 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $0 Mil mean?
Hannover Rueck SE (HVRRF) has a Change In Receivables of $0 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hannover Rueck SE and its competitors.
Is Hannover Rueck SE's Change In Receivables too high?
Hannover Rueck SE's current Change In Receivables is $0 Mil. Overall, Hannover Rueck SE has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hannover Rueck SE's Change In Receivables compare to RGA and EG?
Hannover Rueck SE's Change In Receivables of $0 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for an Insurance company?
A good Change In Receivables depends on the Insurance industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Hannover Rueck SE and its competitors. Hannover Rueck SE's current Change In Receivables is $0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hannover Rueck SE stock overvalued right now?
Based on GuruFocus' analysis, Hannover Rueck SE (HVRRF) is currently considered Modestly Undervalued. The stock's GF Value™ is $350.24, compared to a current price of $274.90 — trading 21.5% below its estimated fair value. The current Change In Receivables is $0 Mil. Hannover Rueck SE's overall GF Score™ is 76/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Hannover Rueck SE (HVRRF), the current Change In Receivables is $0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hannover Rueck SE (HVRRF) Overvalued in 2026?

Based on GuruFocus' analysis, Hannover Rueck SE stock appears to be undervalued. The current stock price of $274.90 is trading 21.5% below its estimated GF Value™ of $350.24. GuruFocus considers Hannover Rueck SE to be Modestly Undervalued.

Key valuation signals for HVRRF:

  • Change In Receivables: $0 Mil
  • GF Value™: $350.24 vs. price of $274.90 (21.5% below fair value)
  • GF Score™: 76/100

No single metric tells the full story. See the HVRRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Hannover Rueck SE Business Description

Address Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftpflichtverband founded Eisen- und Stahl-Industrie to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftpflichtverband, and Aktiengesellschaft für Transport und- Rückversicherung was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx in January 2019. Hannover was listed in the 1990s on the Frankfurt Stock Exchange.
76GF Score

Get the complete analysis for HVRRF

Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$274.90
Price
$350.24
GF Value