Brown & Brown (FRA:BTW) Change In Receivables : €-37 Mil (TTM As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Brown & Brown Change In Receivables?

Brown & Brown's change in receivables for the quarter that ended in Mar. 2024 was €-75 Mil. It means Brown & Brown's Accounts Receivable increased by €75 Mil from Dec. 2023 to Mar. 2024 .

Brown & Brown's change in receivables for the fiscal year that ended in Dec. 2023 was €550 Mil. It means Brown & Brown's Accounts Receivable declined by €550 Mil from Dec. 2022 to Dec. 2023 .

Brown & Brown's Accounts Receivable for the quarter that ended in Mar. 2024 was €917 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. Brown & Brown's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Brown & Brown's liquidation value for the three months ended in Mar. 2024 was €-7,066 Mil.

Brown & Brown Change In Receivables Historical Data

The historical data trend for Brown & Brown'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.

* Premium members only.

Brown & Brown Change In Receivables Chart

Brown & Brown Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-71.90

10.69

-72.13

-782.39

549.74

Brown & Brown Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															520.24	-14.95	-11.90	65.47	-75.44

Brown & Brown 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 €-37 Mil.

Brown & Brown (FRA:BTW) 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.

Brown & Brown's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	917.24	/	1138.04	*	91
=	73.55

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

Brown & Brown'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)
=	543.72	-	8297.48	+	0.75 * 917.24	+	0.5 * 0
=	-7,066

Brown & Brown Change In Receivables Related Terms

Thank you for viewing the detailed overview of Brown & Brown's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Brown & Brown (FRA:BTW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Brown & Brown Inc (FRA:BTW) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

BRO:USA BRO:Mexico BTW:Germany

Address

300 North Beach Stree, Daytona Beach, FL, USA, 32114

Website

https://www.bbinsurance.com

Brown & Brown Inc is an insurance agent and broker that offers insurance products and services, primarily in the areas of property, casualty, and employee benefits, by connecting customers with insurance companies. It earns its revenue via commissions from insurance companies and direct fees from customers, and it generally has no underwriting risk exposure. More than half of its revenue is from its retail segment, which provides a broad range of insurance products and services to entities and individuals. Roughly a fourth of revenue is from its national programs segment, which provides, among other things, professional liability coverage for professionals. The company operates primarily in the United States, with its highest exposure in Florida.

Brown & Brown (FRA:BTW) Headlines

No Headlines