Fidelis Insurance Holdings (Fidelis Insurance Holdings) Change In Receivables : $-821 Mil (TTM As of Mar. 2024)

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What is Fidelis Insurance Holdings Change In Receivables?

Fidelis Insurance Holdings's change in receivables for the quarter that ended in Mar. 2024 was $0 Mil. It means Fidelis Insurance Holdings's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Fidelis Insurance Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-646 Mil. It means Fidelis Insurance Holdings's Accounts Receivable increased by $646 Mil from Dec. 2022 to Dec. 2023 .

Fidelis Insurance Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $4,165 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. Fidelis Insurance Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 727.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fidelis Insurance Holdings's liquidation value for the three months ended in Mar. 2024 was $-1,651 Mil.

Fidelis Insurance Holdings Change In Receivables Historical Data

The historical data trend for Fidelis Insurance Holdings'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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Fidelis Insurance Holdings Change In Receivables Chart

Fidelis Insurance Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-223.30

-321.60

-1,057.40

-448.00

-645.50

Fidelis Insurance Holdings Quarterly Data
	Dec19	Dec20	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial							-681.20	-139.90	-	-	-

Fidelis Insurance Holdings 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 $-821 Mil.

Fidelis Insurance Holdings (NYSE:FIHL) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4164.8	/	522.5	*	91
=	727.35

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

Fidelis Insurance Holdings'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)
=	3975.1	-	8749.6	+	0.75 * 4164.8	+	0.5 * 0
=	-1,651

Fidelis Insurance Holdings Change In Receivables Related Terms

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Fidelis Insurance Holdings (Fidelis Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fidelis Insurance Holdings Ltd (NYSE:FIHL) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

U0K:Germany

Address

100 Pitts Bay Road, Waterloo House, Pembroke, BMU, HM08

Website

https://www.fidelisinsurance.com

Fidelis Insurance Holdings Ltd is a global (re)insurance company. It classify the business into three underwriting segments, namely Bespoke, Specialty and Reinsurance. Specialty primarily comprises property D&F, energy, marine and aviation lines. Bespoke primarily comprises credit and political risk and other tailored solutions for clients including transactional liabilities and credit insurance. Reinsurance primarily comprises property reinsurance.