Union Insurance (TPE:2816) Change In Receivables : NT$-146 Mil (TTM As of Mar. 2024)

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What is Union Insurance Change In Receivables?

Union Insurance's change in receivables for the quarter that ended in Mar. 2024 was NT$-395 Mil. It means Union Insurance's Accounts Receivable increased by NT$395 Mil from Dec. 2023 to Mar. 2024 .

Union Insurance's change in receivables for the fiscal year that ended in Dec. 2023 was NT$37 Mil. It means Union Insurance's Accounts Receivable declined by NT$37 Mil from Dec. 2022 to Dec. 2023 .

Union Insurance's Accounts Receivable for the quarter that ended in Mar. 2024 was NT$963 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. Union Insurance's Days Sales Outstanding for the three months ended in Mar. 2024 was 31.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Union Insurance's liquidation value for the three months ended in Mar. 2024 was NT$-8,047 Mil.

Union Insurance Change In Receivables Historical Data

The historical data trend for Union 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.

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Union Insurance Change In Receivables Chart

Union Insurance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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29.68

183.07

-17.57

73.84

36.87

Union Insurance 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															-212.10	-230.35	187.54	291.77	-395.27

Union 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-146 Mil.

Union Insurance (TPE:2816) 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.

Union Insurance's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	963.288	/	2771.183	*	91
=	31.72

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

Union Insurance'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)
=	5696.235	-	14466.085	+	0.75 * 963.288	+	0.5 * 0
=	-8,047

Union Insurance Change In Receivables Related Terms

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Union Insurance (TPE:2816) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Union Insurance (TPE:2816) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 219, Zhongxiao East Road, 12th Floor, Section 4, Daan District, Taipei, TWN, 10690

Website

https://www.wwunion.com

Union Insurance is a Taiwan-based company engaged in the insurance business engaged in the underwriting of fire, marine, automobile, engineering, liability, and accident insurance, reinsurance, and insurance businesses entrusted by other companies, performing a variety of investments and other businesses in accordance with the regulations. Its product portfolio includes Motor Insurance, Traveler Accident Insurance, Accident and Health Insurance, Fire Property Insurance, Casualty Insurance, Engineering Insurance, and Marine Insurance.

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