PKIN (Pekin Life Insurance Co) Change In Receivables: $0.0 Mil (TTM As of Dec. 2006)

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PKIN Pekin Life Insurance Co PKIN
34 GF Score
Price $11.75
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What is Pekin Life Insurance Co Change In Receivables?

Pekin Life Insurance Co PKIN 34 Change In Receivables is $0.0 Mil as of Dec. 2006. GuruFocus rates PKIN with a GF Score™ of 34/100.

Pekin Life Insurance Co's change in receivables for the quarter that ended in Dec. 2006 was $0.0 Mil. It means Pekin Life Insurance Co's Accounts Receivable stayed the same from Sep. 2006 to Dec. 2006 .

Pekin Life Insurance Co's change in receivables for the fiscal year that ended in Dec. 2006 was $0.0 Mil. It means Pekin Life Insurance Co's Accounts Receivable stayed the same from Dec. 2005 to Dec. 2006 .

Pekin Life Insurance Co's Accounts Receivable for the quarter that ended in Dec. 2006 was $1.6 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. Pekin Life Insurance Co's Days Sales Outstanding for the three months ended in Dec. 2006 was 2.41.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Pekin Life Insurance Co's liquidation value for the three months ended in Dec. 2006 was $-673.7 Mil.


Pekin Life Insurance Co  (OTCPK:PKIN) 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.

Pekin Life Insurance Co's Days Sales Outstanding for the quarter that ended in Dec. 2006 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.639/61.999*91
=2.41

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

Pekin Life Insurance Co's liquidation value for the quarter that ended in Dec. 2006 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=0-674.978+0.75 * 1.639+0.5 * 0
=-673.7

* 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.


Pekin Life Insurance Co Change In Receivables Related Terms


Pekin Life Insurance Co Change In Receivables Historical Data

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The historical data trend for Pekin Life Insurance Co'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.

Pekin Life Insurance Co Change In Receivables Chart

Pekin Life Insurance Co Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06
Change In Receivables
0.00 0.00 0.00 0.00 0.00

Pekin Life Insurance Co Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06
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 0.00 0.00 0.00 0.00 0.00
PKIN
34GF Score
Pekin Life Insurance Co PKIN
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Pekin Life Insurance Co 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 Dec. 2006 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 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 $0.0 Mil mean?
Pekin Life Insurance Co (PKIN) has a Change In Receivables of $0.0 Mil as of Dec. 2006. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Pekin Life Insurance Co and its competitors.
Is Pekin Life Insurance Co's Change In Receivables too high?
Pekin Life Insurance Co's current Change In Receivables is $0.0 Mil. Overall, Pekin Life Insurance Co has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Pekin Life Insurance Co's Change In Receivables compare to VERY and CIA?
Pekin Life Insurance Co's Change In Receivables of $0.0 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 Pekin Life Insurance Co and its competitors. Pekin Life Insurance Co's current Change In Receivables is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pekin Life Insurance Co stock overvalued right now?
Pekin Life Insurance Co (PKIN) has a current Change In Receivables of $0.0 Mil. The current Change In Receivables is $0.0 Mil. Pekin Life Insurance Co's overall GF Score™ is 34/100. 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 Pekin Life Insurance Co (PKIN), the current Change In Receivables is $0.0 Mil as of Dec. 2006. 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.

Pekin Life Insurance Co Business Description

Address 2505 Court Street, Pekin, IL, USA, 61558-0001
Pekin Life Insurance Co is an insurance company. It offers life insurance, accident insurance, health insurance, auto insurance, home insurance, and business insurance to individuals and businesses across the country. The company also offers group life, dental, and short-term disability as well as voluntary products. It sells its insurance products through independent agents.
34GF Score

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

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