GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Prudential Financial Inc (LTS:0KRX) » Definitions » Receivables Turnover

Prudential Financial (LTS:0KRX) Receivables Turnover : (As of Sep. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Prudential Financial Receivables Turnover?

Receivables Turnover does not apply to banks and insurance companies.


Prudential Financial Business Description

Address
751 Broad Street, Newark, NJ, USA, 07102
Prudential Financial is a large, diversified insurance company offering annuities, life insurance, retirement plan services, and asset management products. While it operates in a number of countries, the vast majority of revenue is generated in the United States and Japan. The company's investment management business, PGIM, contributes approximately 10% of its earnings and has around $1.3 trillion in assets under management. The US businesses are responsible for about 50% of earnings and can be classified into Institutional Retirement Strategies, Individual Retirement Strategies, Group Insurance, Individual Life Insurance, and Assurance IQ. Finally, the international business segment of the company contributes approximately 40% of earnings with a strong market position in Japan.