The Cigna Group (WBO:CIGN) Change In Receivables : €-10,590 Mil (TTM As of Sep. 2024)

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What is The Cigna Group Change In Receivables?

The Cigna Group's change in receivables for the quarter that ended in Sep. 2024 was €-2,780 Mil. It means The Cigna Group's Accounts Receivable increased by €2,780 Mil from Jun. 2024 to Sep. 2024 .

The Cigna Group's change in receivables for the fiscal year that ended in Dec. 2023 was €-2,019 Mil. It means The Cigna Group's Accounts Receivable increased by €2,019 Mil from Dec. 2022 to Dec. 2023 .

The Cigna Group's Accounts Receivable for the quarter that ended in Sep. 2024 was €29,195 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. The Cigna Group's Days Sales Outstanding for the three months ended in Sep. 2024 was 47.10.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Cigna Group's liquidation value for the three months ended in Sep. 2024 was €-75,942 Mil.

The Cigna Group Change In Receivables Historical Data

The historical data trend for The Cigna Group'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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The Cigna Group Change In Receivables Chart

The Cigna Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-891.00

-1,293.01

-3,095.73

-1,740.74

-2,019.23

The Cigna Group Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-562.20	-519.94	-2,409.48	-4,880.04	-2,780.49

The Cigna Group 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-10,590 Mil.

The Cigna Group (WBO:CIGN) 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.

The Cigna Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	29195.103	/	56558.473	*	91
=	47.10

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

The Cigna Group's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6083.552	-	103922.241	+	0.75 * 29195.103	+	0.5 * 0
=	-75,942

The Cigna Group Change In Receivables Related Terms

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The Cigna Group Business Description

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Address

900 Cottage Grove Road, Bloomfield, CT, USA, 06002

Website

https://www.cigna.com

Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense, and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, and the company operates mostly in the US with 17 million US and 2 million international medical members covered as of September 2024.

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