MR. COOPER GROUP INC Receivables

Receivables of COOP for past 10 years: annual, quarterly and twelve month trailing (TTM) including Receivables growth rates and interactive chart. Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivables are listed on the balance sheet as a current asset. AR is any amount of money owed by customers for purchases made on credit. When a company makes a sale, it records revenues and a corresponding balance in accounts receivable. When an invoice is paid, the accounts payable account is reduced and cash is received. Receivables should grow in-line with revenue over time, if they are growing much faster, a company might be booking revenue too aggressively.


Highlights and Quick Summary

  • Receivables for the quarter ending September 29, 2020 was $745 Million (a 11.53% increase compared to previous quarter)
  • Year-over-year quarterly Receivables decreased by -24.6%
  • Annual Receivables for 2019 was $988 Million (a -17.25% decrease from previous year)
  • Annual Receivables for 2018 was $1.19 Billion (a -30.01% decrease from previous year)
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Historical Receivables of MR. COOPER GROUP INC

Most recent Receivablesof COOP including historical data for past 10 years.

Interactive Chart of Receivables of MR. COOPER GROUP INC

MR. COOPER GROUP INC Receivables for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $745.0 $668.0 $685.0
2019 $988.0 $967.0 $1,000.0 $1,147.0 $988.0
2018 $1,194.0 $1,174.0 $1,194.0
2017 $1,706.0 $1,706.0
2013 $1.11

Business Profile of MR. COOPER GROUP INC

Sector: Financial Services
Industry: Mortgage Finance
Mr. Cooper Group Inc. provides servicing, origination, and transaction-based services related principally to single-family residences in the United States. The company operates through Servicing, Originations, and Xome segments. The Servicing segment performs activities for underlying mortgages, including collecting and disbursing borrower payments, investor reporting, customer service, and modifying loans as well as operates as a subservicer for various clients that own the underlying servicing rights. The Originations segment originates, purchases, and sells mortgage loans. The Xome segment offers technology and data enhanced solutions to home buyers, home sellers, mortgage professionals, real estate professionals, and companies engaged in the servicing and origination of mortgage loans. It operates primarily under the Mr. Cooper and Xome brands. The company was formerly known as WMIH Corp. and changed its name to Mr. Cooper Group Inc. in October 2018. Mr. Cooper Group Inc. is based in Coppell, Texas.