Sabre Insurance Group (LSE:SBRE) Change In Receivables : £0.0 Mil (TTM As of Dec. 2023)

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What is Sabre Insurance Group Change In Receivables?

Sabre Insurance Group's change in receivables for the quarter that ended in Dec. 2023 was £0.0 Mil. It means Sabre Insurance Group's Accounts Receivable stayed the same from Jun. 2023 to Dec. 2023 .

Sabre Insurance Group's change in receivables for the fiscal year that ended in Dec. 2023 was £-0.1 Mil. It means Sabre Insurance Group's Accounts Receivable increased by £0.1 Mil from Dec. 2022 to Dec. 2023 .

Sabre Insurance Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £0.0 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. Sabre Insurance Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 0.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sabre Insurance Group's liquidation value for the six months ended in Dec. 2023 was £-88.0 Mil.

Sabre Insurance Group Change In Receivables Historical Data

The historical data trend for Sabre Insurance Group'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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Sabre Insurance Group Change In Receivables Chart

Sabre Insurance Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.08

3.78

-4.03

0.07

-0.08

Sabre Insurance Group Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial										0.99	-4.10	10.68	-	-

Sabre Insurance Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.0 Mil.

Sabre Insurance Group (LSE:SBRE) 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.

Sabre Insurance Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	0	/	83.293	*	91
=	0.00

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

Sabre Insurance Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	299.758	-	387.726	+	0.75 * 0	+	0.5 * 0
=	-88.0

Sabre Insurance Group Change In Receivables Related Terms

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Sabre Insurance Group (LSE:SBRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sabre Insurance Group PLC (LSE:SBRE) » Definitions » Change In Receivables

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Traded in Other Exchanges

SBREl:UK 18M:Germany

Address

150 South Street, Sabre House, Dorking, Surrey, GBR, RH4 2YY

Website

https://www.sabreplc.co.uk

Sabre Insurance Group PLC is a company operating in the insurance sector. The company is an insurer selling car insurance through brokers and directly. It offers car insurance under the Sabre name and also under the Go Girl, Insure 2 Drive, and Drive Smart brands. Its product offering includes nonstandard car insurance, reduced commission insurance, commercial vehicle insurance, and taxi insurance, among others.

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