TGIC (Triad Guaranty) Change In Receivables: $0.0 Mil (TTM As of Sep. 2012)

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What is Triad Guaranty Change In Receivables?

Triad Guaranty TGIC Change In Receivables is $0.0 Mil as of Sep. 2012.

Triad Guaranty's change in receivables for the quarter that ended in Sep. 2012 was $0.0 Mil. It means Triad Guaranty's Accounts Receivable stayed the same from Jun. 2012 to Sep. 2012 .

Triad Guaranty's change in receivables for the fiscal year that ended in Dec. 2011 was $11.7 Mil. It means Triad Guaranty's Accounts Receivable declined by $11.7 Mil from Dec. 2010 to Dec. 2011 .

Triad Guaranty's Accounts Receivable for the quarter that ended in Sep. 2012 was $0.0 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. Triad Guaranty's Days Sales Outstanding for the three months ended in Sep. 2012 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Triad Guaranty's liquidation value for the three months ended in Sep. 2012 was $-1,544.0 Mil.


Triad Guaranty  (OTCPK:TGIC) 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.

Triad Guaranty's Days Sales Outstanding for the quarter that ended in Sep. 2012 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0/32.289*91
=0.00

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

Triad Guaranty's liquidation value for the quarter that ended in Sep. 2012 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=79.343-1623.379+0.75 * 0+0.5 * 0
=-1,544.0

* 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.


Triad Guaranty Change In Receivables Related Terms


Triad Guaranty Change In Receivables Historical Data

* Premium members only.

The historical data trend for Triad Guaranty'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.

Triad Guaranty Change In Receivables Chart

Triad Guaranty Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.97 -1.31 -10.47 0.00 11.71

Triad Guaranty Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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

Triad Guaranty 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 Sep. 2012 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?
Triad Guaranty (TGIC) has a Change In Receivables of $0.0 Mil as of Sep. 2012. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Triad Guaranty and its competitors.
Is Triad Guaranty's Change In Receivables too high?
Triad Guaranty's current Change In Receivables is $0.0 Mil.
How does Triad Guaranty's Change In Receivables compare to FACO and PPHI?
Triad Guaranty'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 Triad Guaranty and its competitors. Triad Guaranty'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 Triad Guaranty stock overvalued right now?
Triad Guaranty (TGIC) has a current Change In Receivables of $0.0 Mil. The current Change In Receivables is $0.0 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 Triad Guaranty (TGIC), the current Change In Receivables is $0.0 Mil as of Sep. 2012. 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.

Triad Guaranty Business Description

Address 101 South Stratford Road, Winston-Salem, NC, USA, 27104
Triad Guaranty Inc is a holding company which, through its wholly-owned subsidiary, Triad Guaranty Insurance Corporation ('TGIC'), is a nationwide mortgage insurer pursuing a run-off of its existing in-force book of business.