First American Financial (FRA:Y1F) Change In Receivables : €-10 Mil (TTM As of Mar. 2024)

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What is First American Financial Change In Receivables?

First American Financial's change in receivables for the quarter that ended in Mar. 2024 was €147 Mil. It means First American Financial's Accounts Receivable declined by €147 Mil from Dec. 2023 to Mar. 2024 .

First American Financial's change in receivables for the fiscal year that ended in Dec. 2023 was €-146 Mil. It means First American Financial's Accounts Receivable increased by €146 Mil from Dec. 2022 to Dec. 2023 .

First American Financial's Accounts Receivable for the quarter that ended in Mar. 2024 was €356 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. First American Financial's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. First American Financial's liquidation value for the three months ended in Mar. 2024 was €-7,377 Mil.

First American Financial Change In Receivables Historical Data

The historical data trend for First American Financial'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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First American Financial Change In Receivables Chart

First American Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-24.30

-43.57

-42.66

78.07

-145.90

First American Financial 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															11.86	-32.40	5.34	-130.58	147.38

First American Financial 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 €-10 Mil.

First American Financial (FRA:Y1F) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	355.58	/	1310.632	*	91
=	24.76

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

First American Financial'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)
=	1456.82	-	9100.548	+	0.75 * 355.58	+	0.5 * 0
=	-7,377

First American Financial Change In Receivables Related Terms

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First American Financial (FRA:Y1F) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » First American Financial Corp (FRA:Y1F) » Definitions » Change In Receivables

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FAF:USA

Address

1 First American Way, Santa Ana, CA, USA, 92707-5913

Website

https://www.firstam.com

First American Financial Corp is a financial services business providing insurance through two segments: title insurance and related services and specialty insurance. Title insurance and related services include real estate insurance, property closing services, third-party handling of real estate funds (escrow), risk mitigation, real estate data products, and related real estate transaction services. The title insurance sector serves residential and commercial deals. Specialty insurance includes property insurance policies, casualty insurance policies, and home warranties. Nearly all the company's revenue comes from the title insurance and related services segment in the United States.

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