GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Financial Group Inc (FRA:QFI) » Definitions » Accounts Receivable

American Financial Group (FRA:QFI) Accounts Receivable : €5,627 Mil (As of Mar. 2024)


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

What is American Financial Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. American Financial Group's accounts receivables for the quarter that ended in Mar. 2024 was €5,627 Mil.

Accounts receivable can be measured by Days Sales Outstanding. American Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 296.70.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. American Financial Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-215.36.


American Financial Group Accounts Receivable Historical Data

The historical data trend for American Financial Group'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.

American Financial Group Accounts Receivable Chart

American Financial Group 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 4,275.00 3,712.97 4,233.84 5,018.30 5,454.32

American Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4,947.40 5,213.10 6,098.93 5,454.32 5,626.72

American Financial Group Accounts Receivable Calculation

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


American Financial Group 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.

American Financial Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5626.72/1730.52*91
=296.70

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

American Financial Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(1420.48+0.75 * 5626.72+0.5 * 0-23700.12
-0-0)/83.8574
=-215.36

* 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.


American Financial Group Accounts Receivable Related Terms

Thank you for viewing the detailed overview of American Financial Group's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


American Financial Group (FRA:QFI) Business Description

Traded in Other Exchanges
Address
301 East Fourth Street, Cincinnati, OH, USA, 45202
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.

American Financial Group (FRA:QFI) Headlines

No Headlines