Fundamental Global (Fundamental Global) Change In Receivables : $-12.41 Mil (TTM As of Dec. 2023)

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What is Fundamental Global Change In Receivables?

Fundamental Global's change in receivables for the quarter that ended in Dec. 2023 was $-7.10 Mil. It means Fundamental Global's Accounts Receivable increased by $7.10 Mil from Sep. 2023 to Dec. 2023 .

Fundamental Global's change in receivables for the fiscal year that ended in Dec. 2023 was $-12.41 Mil. It means Fundamental Global's Accounts Receivable increased by $12.41 Mil from Dec. 2022 to Dec. 2023 .

Fundamental Global's Accounts Receivable for the quarter that ended in Dec. 2023 was $21.57 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. Fundamental Global's Days Sales Outstanding for the three months ended in Dec. 2023 was 245.61.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fundamental Global's liquidation value for the three months ended in Dec. 2023 was $-4.67 Mil.

Fundamental Global Change In Receivables Historical Data

The historical data trend for Fundamental Global'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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Fundamental Global Change In Receivables Chart

Fundamental Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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0.24

-0.46

-2.13

-5.42

-12.41

Fundamental Global Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-1.56	-0.54	-0.91	-3.86	-7.10

Fundamental Global 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.41 Mil.

Fundamental Global (NAS:FGF) 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.

Fundamental Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21.571	/	8.014	*	91
=	245.61

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

Fundamental Global's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2.396	-	23.244	+	0.75 * 21.571	+	0.5 * 0
=	-4.67

Fundamental Global Change In Receivables Related Terms

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Fundamental Global (Fundamental Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Fundamental Global Inc (NAS:FGF) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

FGFPP.PFD:USA

Address

104 S. Walnut Street, Unit 1A, Itasca, IL, USA, 60143

Website

https://www.fgfinancial.com

FG Financial Group Inc through its subsidiaries operates as diversified insurance, reinsurance, and investment management holding company. The company's segment includes Insurance and Asset Management. It generates maximum revenue from the Insurance segment.

Executives

Fundamental Global Gp, Llc	10 percent owner	108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Fg Financial Holdings, Llc	10 percent owner	108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Hassan Baqar	director	KINGSWAY FINANCIAL SERVICES INC., 150 PIERCE ROAD, SUITE 600, ITASCA IL 60143
Govignon Richard Edward Jr	director	54 ANNETTE DR, MARLBORO NJ 07746
Joseph H Moglia	10 percent owner	AMERITRADE HOLDING CORP, 4211 S 102ND ST, OMAHA NE 68127
Kyle Cerminara	director, 10 percent owner	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Fg Group Holdings Inc.	10 percent owner	4201 CONGRESS STREET, SUITE 175, CHARLOTTE NC 28209
Bk Technologies Corp	10 percent owner	7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904
Fundamental Global Investors, Llc	director, 10 percent owner	136 CORPORATE PARK DRIVE, SUITE G, MOORESVILLE NC 28117
Lewis M Johnson	director, 10 percent owner	C/O FUNDAMENTAL GLOBAL INVESTORS, LLC, 108 GATEWAY BLVD., SUITE 204, MOORESVILLE NC 28117
Brian D Bottjer	officer: SVP and Controller	324 S. HYDE PARK AVENUE, SUITE 210, TAMPA FL 33606
Marsha G King	director	C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Rita Hayes	director	C/O 1347 PROPERTY INSURANCE HOLDINGS, IN, 1511 N. WESTSHORE BLVD., SUITE 870, TAMPA FL 33607
Scott D Wollney	director	1340 BUTTONWOOD LANE, GLENVIEW IL 60025
E. Gray Payne	director	C/O RELM WIRELESS CORPORATION, 7100 TECHNOLOGY DRIVE, WEST MELBOURNE FL 32904