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

View and export this data going back to 2019. Start your Free Trial

What is Palomar Holdings Change In Receivables?

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

Palomar Holdings's change in receivables for the fiscal year that ended in Dec. 2023 was $-182.3 Mil. It means Palomar Holdings's Accounts Receivable increased by $182.3 Mil from Dec. 2022 to Dec. 2023 .

Palomar Holdings's Accounts Receivable for the quarter that ended in Mar. 2024 was $643.3 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. Palomar Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 495.21.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Palomar Holdings's liquidation value for the three months ended in Mar. 2024 was $-508.7 Mil.

Palomar Holdings Change In Receivables Historical Data

The historical data trend for Palomar 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.

* Premium members only.

Palomar Holdings Change In Receivables Chart

Palomar Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-20.30

-100.23

-91.76

-111.14

-182.30

Palomar 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															-	-	-	-	-

Palomar 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.

Palomar Holdings (NAS:PLMR) 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.

Palomar 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
=	643.289	/	118.535	*	91
=	495.21

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

Palomar 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)
=	391.867	-	1383.026	+	0.75 * 643.289	+	0.5 * 0
=	-508.7

Palomar Holdings Change In Receivables Related Terms

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

Palomar Holdings (Palomar Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Palomar Holdings Inc (NAS:PLMR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

PH8:Germany

Address

7979 Ivanhoe Avenue, Suite 500, La Jolla, CA, USA, 92037

Website

https://plmr.com

Palomar Holdings Inc is a United States-based company focused on the provision of specialty property insurance earthquake, wind, and flood insurance products. The company's core focus is on the residential and commercial earthquake markets in earthquake-exposed states such as California, Oregon, Washington, and states with exposure to the New Madrid Seismic Zone. It offers specialty property insurance products in the target markets to both individuals and businesses through multiple channels, including retail agents, program administrators, wholesale brokers, and in partnership with other insurance companies. Its products include Residential Earthquake, Commercial Earthquake, Specialty Homeowners, Inland Marine, Commercial All Risk, Hawaii Hurricane, Residential Flood and others.

Executives

T Christopher Uchida	officer: Chief Financial Officer	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Jon Christianson	officer: Chief Operating Officer	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Angela L. Grant	officer: Chief Legal Officer	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Michelle Antoinette Johnson	officer: Senior VP, People & Talent	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Jonathan Knutzen	officer: Chief Risk Officer	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92121
Mac Armstrong	director, officer: Chief Executive Officer	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
William Bold	officer: Chief Strategy Officer	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Heath A Fisher	officer: President	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Martha Notaras	director	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Robert E Dowdell	director
Daina Middleton	director	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Richard H Taketa	director	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Britt Morries	officer: Chief Operating Officer	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Andrew T Robinson	officer: Chief Underwriting Officer	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Daryl Bradley	director	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037