Sagen MI Canada (TSX:MIC.PR.A.PFD) Change In Receivables : C$0.00 Mil (TTM As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Sagen MI Canada Change In Receivables?

Sagen MI Canada's change in receivables for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Sagen MI Canada's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Sagen MI Canada's change in receivables for the fiscal year that ended in Dec. 2023 was C$0.00 Mil. It means Sagen MI Canada's Accounts Receivable stayed the same from Dec. 2022 to Dec. 2023 .

Sagen MI Canada's Accounts Receivable for the quarter that ended in Mar. 2024 was C$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. Sagen MI Canada's Days Sales Outstanding for the three months ended in Mar. 2024 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. Sagen MI Canada's liquidation value for the three months ended in Mar. 2024 was C$2,047.92 Mil.

Sagen MI Canada Change In Receivables Historical Data

The historical data trend for Sagen MI Canada'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.

* Premium members only.

Sagen MI Canada Change In Receivables Chart

Sagen MI Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-0.06

22.37

9.46

6.58

Sagen MI Canada 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															-	-	-	-	-

Sagen MI Canada 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 C$0.00 Mil.

Sagen MI Canada (TSX:MIC.PR.A.PFD) 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.

Sagen MI Canada's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	215.881	*	91
=	0.00

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

Sagen MI Canada'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)
=	5815.754	-	3767.83	+	0.75 * 0	+	0.5 * 0
=	2,047.92

Sagen MI Canada Change In Receivables Related Terms

Thank you for viewing the detailed overview of Sagen MI Canada's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Sagen MI Canada (TSX:MIC.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sagen MI Canada Inc (TSX:MIC.PR.A.PFD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

2060 Winston Park Drive, Suite 300, Oakville, ON, CAN, L6H 5R7

Website

https://www.sagen.ca

Sagen MI Canada Inc private sector residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The company operates exclusively in Canada, with roughly half its policies in Ontario and remaining policies in Alberta, British Columbia, Quebec and Other.

Sagen MI Canada (TSX:MIC.PR.A.PFD) Headlines

No Headlines