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GCM Grosvenor (GCM Grosvenor) Accounts Receivable : $32.3 Mil (As of Mar. 2024)


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What is GCM Grosvenor Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. GCM Grosvenor's accounts receivables for the quarter that ended in Mar. 2024 was $32.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. GCM Grosvenor's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 26.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. GCM Grosvenor's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-10.64.


GCM Grosvenor Accounts Receivable Historical Data

The historical data trend for GCM Grosvenor'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.

GCM Grosvenor Accounts Receivable Chart

GCM Grosvenor Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial 34.67 83.95 113.29 35.20 52.37

GCM Grosvenor Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 34.29 26.41 43.10 52.37 32.32

GCM Grosvenor Accounts Receivable Calculation

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


GCM Grosvenor 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=32.316/111.68*91
=26.40

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

GCM Grosvenor's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(41.863+0.75 * 32.316+0.5 * 0-598.175
-0--74.478)/42.9968
=-10.64

* 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.


GCM Grosvenor Accounts Receivable Related Terms

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GCM Grosvenor (GCM Grosvenor) Business Description

Traded in Other Exchanges
N/A
Address
900 North Michigan Avenue, Suite 1100, Chicago, IL, USA, 60611
GCM Grosvenor Inc is a global alternative asset management firm. It invests on behalf of clients who seek allocations to alternative investments, such as private equity, infrastructure, real estate, credit, ESG and absolute return strategies. The company's offerings include multi-manager portfolios as well as portfolios of direct investments and co-investments. It also offers multi-client portfolios for investors who desire a turn-key solution for accessing alternative investments.
Executives
Pamela L Bentley officer: Chief Financial Officer C/O THE CARLYLE GROUP, 1001 PENNSYLVANIA AVENUE, N.W., WASHINGTON DC 20004
Sandra Hurse officer: Chief HR Officer C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Kathleen Patricia Sullivan officer: M D and Head of Accounting 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Adage Capital Partners Gp, L.l.c. 10 percent owner 200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Gcm Progress Llc 10 percent owner C/O GCM GROSVENOR, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Gcm Progress Subsidiary Llc 10 percent owner C/O GCM GROSVENOR, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Cf Finance Holdings Llc 10 percent owner 110 EAST 59TH STREET, NEW YORK NY 10022
Stephen Malkin director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Francesca Cornelli director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Angela Blanton director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Gcm V, Llc 10 percent owner C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Grosvenor Holdings, L.l.c. 10 percent owner 900 NORTH MICHIGAN AVE, SUITE 1100, CHICAGO IL 60611
Jonathan Reisin Levin director, officer: President 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Frederick Pollock officer: Chief Investment Officer 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Michael Jay Sacks director, 10 percent owner, officer: Chief Executive Officer 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611

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