SiriusPoint (SiriusPoint) Change In Receivables : $-720 Mil (TTM As of Mar. 2024)

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What is SiriusPoint Change In Receivables?

SiriusPoint's change in receivables for the quarter that ended in Mar. 2024 was $-101 Mil. It means SiriusPoint's Accounts Receivable increased by $101 Mil from Dec. 2023 to Mar. 2024 .

SiriusPoint's change in receivables for the fiscal year that ended in Dec. 2023 was $-1,019 Mil. It means SiriusPoint's Accounts Receivable increased by $1,019 Mil from Dec. 2022 to Dec. 2023 .

SiriusPoint's Accounts Receivable for the quarter that ended in Mar. 2024 was $4,361 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. SiriusPoint's Days Sales Outstanding for the three months ended in Mar. 2024 was 578.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SiriusPoint's liquidation value for the three months ended in Mar. 2024 was $-3,382 Mil.

SiriusPoint Change In Receivables Historical Data

The historical data trend for SiriusPoint'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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SiriusPoint Change In Receivables Chart

SiriusPoint Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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16.00

31.00

-437.90

-344.00

-1,018.80

SiriusPoint 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															-399.50	-881.50	153.80	108.40	-101.00

SiriusPoint 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 $-720 Mil.

SiriusPoint (NYSE:SPNT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4361	/	687.9	*	91
=	578.49

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

SiriusPoint'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)
=	3862.4	-	10515.4	+	0.75 * 4361	+	0.5 * 0
=	-3,382

SiriusPoint Change In Receivables Related Terms

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SiriusPoint (SiriusPoint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » SiriusPoint Ltd (NYSE:SPNT) » Definitions » Change In Receivables

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SPNTpB.PFD:USA

Address

3 Waterloo Lane, Point Building, Pembroke, BMU, HM 08

Website

https://www.siriuspt.com

SiriusPoint Ltd provides property and casualty reinsurance coverage to insurance and reinsurance companies in the United States, Bermuda, the United Kingdom, and Europe. The company operates through two operating segments: Reinsurance and Insurance & Services. The company's product portfolio consists of reinsurance contracts for property insurance including both residential and commercial properties, workers' compensation, personal automobile, businesses' general liability insurance, professional liability insurance to protect professional advisors and service providers, agriculture insurance, and mortgage insurance.

Executives

Wei Han Tan	director	SUITE 1307, BEA TOWER, 66 HUA YUAN SHI QIAO ROAD, SHANGHAI F4 200120
De La Gueronniere Rafe	director	THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Mehdi Mahmud	director	1345 AVENUES OF AMERICAS, 48TH FLOOR, NEW YORK NY 10105
Daniel S Loeb	director	THIRD POINT LLC, 390 PARK AVENUE, NEW YORK NY 10022
Bronislaw Edmund Masojada	director	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Robin Gibbs	officer: CEO, SiriusPoint International	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Gretchen A. Hayes	director	POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Stephen Yendall	officer: Chief Financial Officer	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Scott Egan	director, officer: Chief Executive Officer	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Jason Robart	director	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Andreas Kull	officer: Chief Risk Officer	POINT BUILDING, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Daniel V. Malloy	officer: EVP, Underwriting	THE WATERFRONT, CHESNEY HOUSE, 96 PITTS BAY ROAD, PEMBROKE D0 HM 08
Anthony L Lehan	officer: Chief Accounting Officer	POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Ming Zhang	officer: Chief Investment Officer	POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08
Franklin Iv Montross	director	POINT HOUSE, 3 WATERLOO LANE, PEMBROKE D0 HM 08