Sovereign Trust Insurance (NSA:STIP) Change In Receivables: ₦0.00 Mil (TTM As of . 20)


What is Sovereign Trust Insurance Change In Receivables?

Sovereign Trust Insurance NSA:STIP +1.01% Change In Receivables is ₦0.00 Mil as of . 20.

Sovereign Trust Insurance's change in receivables for the quarter that ended in . 20 was ₦0.00 Mil. It means Sovereign Trust Insurance's Accounts Receivable stayed the same from . 20 to . 20 .

Sovereign Trust Insurance's change in receivables for the fiscal year that ended in . 20 was ₦0.00 Mil. It means Sovereign Trust Insurance's Accounts Receivable stayed the same from . 20 to . 20 .

Sovereign Trust Insurance's Accounts Receivable for the quarter that ended in . 20 was ₦0.00 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.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sovereign Trust Insurance's liquidation value for the three months ended in . 20 was ₦0.00 Mil.

Sovereign Trust Insurance  (NSA:STIP) 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.

Sovereign Trust Insurance's Days Sales Outstanding for the quarter that ended in . 20 is calculated as:

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

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

Sovereign Trust Insurance's liquidation value for the quarter that ended in . 20 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=-+0.75 * +0.5 *
=0.00

* 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.

Sovereign Trust Insurance Change In Receivables Related Terms

Sovereign Trust Insurance Change In Receivables Historical Data

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The historical data trend for Sovereign Trust Insurance'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.

Sovereign Trust Insurance Change In Receivables Chart

Sovereign Trust Insurance Annual Data
Trend
Change In Receivables

Sovereign Trust Insurance Quarterly Data
Change In Receivables

Sovereign Trust Insurance 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 . 20 adds up the quarterly data reported by the company within the most recent 12 months, which was ₦0.00 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 ₦0.00 Mil mean?
Sovereign Trust Insurance (NSA:STIP) has a Change In Receivables of ₦0.00 Mil as of . 20. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Sovereign Trust Insurance and its competitors.
Is Sovereign Trust Insurance's Change In Receivables too high?
Sovereign Trust Insurance's current Change In Receivables is ₦0.00 Mil.
How does Sovereign Trust Insurance's Change In Receivables compare to competitors?
Sovereign Trust Insurance's Change In Receivables of ₦0.00 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 Sovereign Trust Insurance and its competitors. Sovereign Trust Insurance's current Change In Receivables is ₦0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sovereign Trust Insurance stock overvalued right now?
Sovereign Trust Insurance (NSA:STIP) has a current Change In Receivables of ₦0.00 Mil. The current Change In Receivables is ₦0.00 Mil. 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 Sovereign Trust Insurance (NSA:STIP), the current Change In Receivables is ₦0.00 Mil as of . 20. 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.

Sovereign Trust Insurance Business Description

Address 17, Adetokunbo Ademola Street, Victoria Island, Lagos, NGA
Sovereign Trust Insurance PLC offers a range of non- life insurance products and services, including motor insurance, marine insurance and aviation insurance, among others. The company's offerings are tailored to meet the specific needs of its clients.