GAM Holding AG (FRA:GAD) Change In Receivables : €13.0 Mil (TTM As of Dec. 2023)

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What is GAM Holding AG Change In Receivables?

GAM Holding AG's change in receivables for the quarter that ended in Dec. 2023 was €12.4 Mil. It means GAM Holding AG's Accounts Receivable declined by €12.4 Mil from Jun. 2023 to Dec. 2023 .

GAM Holding AG's change in receivables for the fiscal year that ended in Dec. 2023 was €13.0 Mil. It means GAM Holding AG's Accounts Receivable declined by €13.0 Mil from Dec. 2022 to Dec. 2023 .

GAM Holding AG's Accounts Receivable for the quarter that ended in Dec. 2023 was €43.8 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. GAM Holding AG's Days Sales Outstanding for the six months ended in Dec. 2023 was 47.26.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. GAM Holding AG's liquidation value for the six months ended in Dec. 2023 was €-90.9 Mil.

GAM Holding AG Change In Receivables Historical Data

The historical data trend for GAM Holding AG'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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GAM Holding AG Change In Receivables Chart

GAM Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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9.34

21.84

-26.33

39.72

13.04

GAM Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-5.57	10.53	28.78	0.62	12.41

GAM Holding AG 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 semi-annually data reported by the company within the most recent 12 months, which was €13.0 Mil.

GAM Holding AG (FRA:GAD) 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.

GAM Holding AG's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	43.793	/	169.128	*	91
=	47.26

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

GAM Holding AG'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)
=	92.994	-	216.738	+	0.75 * 43.793	+	0.5 * 0
=	-90.9

GAM Holding AG Change In Receivables Related Terms

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GAM Holding AG (FRA:GAD) Business Description

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Traded in Other Exchanges

GMHLF:USA GAMz:UK 0QN3:UK GAM:Switzerland

Address

Hardstrasse 201, Zurich, CHE, CH-8037

Website

https://www.gam.com

GAM Holding AG is a global asset manager with products that cater to institutions, intermediaries, and private clients. Customers are offered directional and absolute return strategies across an array of asset classes and strategies. In addition to an asset-management business, clients are offered private labeling services, such as fund administration and management company services. Asset management services are distributed through the GAM and Julius Bae brands and include investment advice from internal and external professionals.

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