
Erie Indemnity Company ERIE
$ 248.02
0.32%
Quarterly report 2023-Q2
added 07-27-2023
Erie Indemnity Company Accounts Receivables 2011-2026 | ERIE
Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.Examples of accounts receivable
- Customers have not paid invoices for delivered products
- An advance has been paid to a supplier, but goods have not yet been received
- Employees have not reported on accountable amounts
- The government must refund tax overpayments
- Outstanding loans issued
- Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment. - Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages. - Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)
Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)
If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.
Annual Accounts Receivables Erie Indemnity Company
| 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 525 M | 479 M | 495 M | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 525 M | 479 M | 500 M |
Quarterly Accounts Receivables Erie Indemnity Company
| 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 591 M | 533 M | - | 544 M | - | 479 M | 479 M | 503 M | 504 M | 481 M | 495 M | 495 M | 495 M | 495 M | 469 M | 469 M | 469 M | 469 M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 591 M | 469 M | 498 M |
Accounts Receivables of other stocks in the Insurance brokers industry
| Issuer | Accounts Receivables | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
Fanhua
FANH
|
12.3 M | - | -0.65 % | $ 1.64 B | ||
|
Huize Holding Limited
HUIZ
|
2.15 M | $ 1.8 | 5.88 % | $ 1.79 B | ||
|
Aon PLC
AON
|
4.21 B | $ 322.75 | -1.22 % | $ 69.7 B | ||
|
eHealth
EHTH
|
16.8 M | $ 1.56 | -2.58 % | $ 45.8 M | ||
|
CorVel Corporation
CRVL
|
104 M | $ 54.85 | 2.08 % | $ 2.82 B | ||
|
Marsh & McLennan Companies
MMC
|
7.67 B | - | - | $ 89.6 B | ||
|
GoHealth
GOCO
|
4.45 M | $ 1.65 | - | $ 16.5 M | ||
|
SelectQuote
SLQT
|
151 M | $ 0.67 | -1.81 % | $ 118 M | ||
|
Arthur J. Gallagher & Co.
AJG
|
5.18 B | $ 207.54 | -2.03 % | $ 53.2 B |