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Victory Capital Holdings (Victory Capital Holdings) Accounts Receivable : $86.1 Mil (As of Dec. 2023)


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What is Victory Capital Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Victory Capital Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $86.1 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Victory Capital Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 38.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Victory Capital Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-20.25.


Victory Capital Holdings Accounts Receivable Historical Data

The historical data trend for Victory Capital Holdings's Accounts Receivable 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.

Victory Capital Holdings Accounts Receivable Chart

Victory Capital Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only 93.63 84.93 97.76 82.73 86.13

Victory Capital Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 82.73 84.88 85.28 86.07 86.13

Victory Capital Holdings Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Victory Capital Holdings Accounts Receivable 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 receivables are being managed.

Victory Capital Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=86.126/205.794*91
=38.19

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Victory Capital Holdings's accounts receivable are only considered to be worth 75% of book value:

Victory Capital Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(123.547+0.75 * 86.126+0.5 * 0-1489.615
-0-0)/64.2547
=-20.25

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Victory Capital Holdings Accounts Receivable Related Terms

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Victory Capital Holdings (Victory Capital Holdings) Business Description

Traded in Other Exchanges
Address
15935 La Cantera Parkway, San Antonio, TX, USA, 78256
Victory Capital Holdings Inc is an independent investment management firm. The company operates its business through franchises and solutions platform. It provides centralized distribution, marketing, and operations infrastructure to the company's franchises and solutions platform. The company operates through one business segment that is Investment management services and products to institutional, intermediary, retirement platforms, and individual investors. The franchises and solutions platform manages a variety of investment strategies for its customers. It derives revenues from asset-based fees from investment management products and services to individuals and institutions.
Executives
David Craig Brown officer: Chairman and CEO 4900 TIEDEMAN ROAD, BROOKLYN OH 44144
Kelly Stevenson Cliff officer: See Remarks 4900 TIEDMAN ROAD, BROOKLYN OH 44144
Mary M. Jackson director 7799 LEESBURG PIKE, SUITE 300 NORTH, FALLS CHURCH VA 22043
James B Hawkes director 255 STATE STREET, BOSTON MA 02109
Delaney Robert V. Jr. director 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Crestview Partners Ii Gp, L.p. director, 10 percent owner 590 MADISON AVENUE, 42ND FLOOR, NEW YORK NY 10022
Milton R. Berlinski director, 10 percent owner C/O REVERENCE, 477 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Richard M Demartini director BANK OF AMERICA CORP, 9 WEST 57TH STREET NY1-301-48-02, NEW YORK NY 10019
Michael Dennis Policarpo officer: See Remarks 4900 TIEDMAN ROAD, BROOKLYN OH 44144
Nina Gupta officer: See Remarks 4900 TIEDEMAN ROAD, BROOKLYN OH 44144
Alan Rappaport director C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Lawrence Davanzo director 1299 OCEAN AVENUE, SUITE 700, SANTA MONICA CA 90401
Terence Francis Sullivan officer: CFO and Head of Strategy 4900 TIEDMAN ROAD, BROOKLYN OH 44144
Rcp Lake Co-invest, L.p. director, 10 percent owner C/O REVERENCE CAPITAL PARTNERS LLC, 399 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10022
Hurst Robert J/ny director C/O GOLDMAN SACHS GROUP INC, 85 BROAD STREET, NEW YORK NY 10004

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