International General Insurance Holdings (International General Insurance Holdings) Change In Receivables : $0.0 Mil (TTM As of Mar. 2024)

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What is International General Insurance Holdings Change In Receivables?

International General Insurance Holdings's change in receivables for the quarter that ended in Mar. 2024 was $0.0 Mil. It means International General Insurance Holdings's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

International General Insurance Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-63.5 Mil. It means International General Insurance Holdings's Accounts Receivable increased by $63.5 Mil from Dec. 2022 to Dec. 2023 .

International General Insurance Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $493.8 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. International General Insurance Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 364.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. International General Insurance Holdings's liquidation value for the three months ended in Mar. 2024 was $48.9 Mil.

International General Insurance Holdings Change In Receivables Historical Data

The historical data trend for International General 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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International General Insurance Holdings Change In Receivables Chart

International General Insurance Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-3.52

-55.87

-1.68

-12.48

-63.49

International General Insurance Holdings 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															-	-	-	-	-

International General 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 $0.0 Mil.

International General Insurance Holdings (NAS:IGIC) 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.

International General 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
=	493.8	/	123.7	*	91
=	364.26

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

International General 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)
=	1001.2	-	1322.7	+	0.75 * 493.8	+	0.5 * 0
=	48.9

International General Insurance Holdings Change In Receivables Related Terms

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International General Insurance Holdings (International General Insurance Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » International General Insurance Holdings Ltd (NAS:IGIC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

74 Abdel Hamid Sharaf Street, P.O. Box 941428, Amman, JOR, 11194

Website

https://www.iginsure.com

International General Insurance Holdings Ltd is an international specialist commercial insurer and a reinsurer, underwriting a diverse portfolio of specialty lines. The company operates in a portfolio of Energy, Property, Construction, Engineering, Ports and terminals, Financial Institutions, General Aviation, Professional Indemnity, Casualty, Directors and Officers, Political Violence, Forestry, and Treaty Reinsurance. Its operating segment includes Specialty Longtail; Specialty Short tail and Reinsurance. The company generates maximum revenue in the United Kingdom.