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James River Group Holdings (James River Group Holdings) Accounts Receivable : $1,766.0 Mil (As of Dec. 2023)


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What is James River Group Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. James River Group Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $1,766.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. James River Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 1,378.94.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. James River Group Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-47.48.


James River Group Holdings Accounts Receivable Historical Data

The historical data trend for James River Group Holdings's Accounts Receivable 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.

James River Group Holdings Accounts Receivable Chart

James River Group Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,070.73 1,221.38 1,824.83 1,613.80 1,765.96

James River Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,613.80 2,026.76 2,092.53 1,971.40 1,765.96

James River Group Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


James River Group Holdings Accounts Receivable 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 receivables are being managed.

James River Group Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1765.955/116.86*91
=1,378.94

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), James River Group Holdings's accounts receivable are only considered to be worth 75% of book value:

James River Group Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1670.911+0.75 * 1765.955+0.5 * 0-4637.731
-144.898-0)/37.6416
=-47.48

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


James River Group Holdings Accounts Receivable Related Terms

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James River Group Holdings (James River Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
90 Pitts Bay Road, Wellesley House, 2nd Floor, Pembroke, BMU, HM08
James River Group Holdings Ltd owns and operates a group of specialty insurance and reinsurance companies. It reports business into four segments. The Excess and Surplus Lines segment, which is the key revenue driver, offers commercial excess and surplus lines liability and excess property insurance products; the Specialty Admitted Insurance segment offers workers' compensation insurance coverage as well as specialty admitted fronting and program business; the Casualty Reinsurance segment offers commercial liability and non-catastrophe property reinsurance to US insurance companies and to the company's US-based insurance subsidiaries; and Corporate and Other segments.
Executives
Dennis J. Langwell director C/O LIBERTY MUTUAL GROUP, 175 BERKELEY STREET, BOSTON MA 02116
Matthew Botein director 141 FRONT STREET, HAMILTON D0 HM19
Gallatin Point Capital Llc director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Investments (thames) Lp director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Lewis A Sachs director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Gpc Partners Ii Gp Llc director 660 STEAMBOAT ROAD, GREENWICH CT 06830
Thomas Lynn Brown director 8750 W. BRYN MAWR, SUITE 1300, CHICAGO IL 60631
Gould Kirstin Romann director C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter B. Migliorato director 3401 NORTH OCEAN, NORTH 301, PALM BEACH FL 33480
Patricia H Roberts director C/O THE NAVIGATORS GROUP, INC., 400 ATLANTIC STREET, 8TH FLOOR, STAMFORD CT 06901
Sherman Ollie L. Jr. director C/O JAMES RIVER GROUP HOLDINGS,LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Janet Raye Cowell director C/O COOLEY LLP, 11951 FREEDOM DRIVE, SUITE 1600, RESTON VA 20190
Sundar Srinivasan director C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08
Sarah C. Doran officer: Chief Financial Officer C/O JAMES RIVER GROUP HOLDINGS, LTD., WELLESLEY HOUSE, 90 PITTS BAY ROAD, PEMBROKE D0 HM 08
Richard Schmitzer officer: Pres. & CEO - E&S Lines Sgmt C/O JAMES RIVER GROUP HOLDINGS, LTD., 90 PITTS BAY ROAD, PEMBROKE D0 D0 HM 08

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