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Virtus Investment Partners (FRA:VIP) Change In Receivables : €-2.1 Mil (TTM As of Mar. 2024)


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What is Virtus Investment Partners Change In Receivables?

Virtus Investment Partners's change in receivables for the quarter that ended in Mar. 2024 was €-0.3 Mil. It means Virtus Investment Partners's Accounts Receivable increased by €0.3 Mil from Dec. 2023 to Mar. 2024 .

Virtus Investment Partners's change in receivables for the fiscal year that ended in Dec. 2023 was €6.3 Mil. It means Virtus Investment Partners's Accounts Receivable declined by €6.3 Mil from Dec. 2022 to Dec. 2023 .

Virtus Investment Partners's Accounts Receivable for the quarter that ended in Mar. 2024 was €107.1 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. Virtus Investment Partners's Days Sales Outstanding for the three months ended in Mar. 2024 was 48.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Virtus Investment Partners's liquidation value for the three months ended in Mar. 2024 was €-2,044.9 Mil.

Virtus Investment Partners Change In Receivables Historical Data

The historical data trend for Virtus Investment Partners'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.

* Premium members only.

Virtus Investment Partners Change In Receivables Chart

Virtus Investment Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.24 -7.97 -26.60 35.45 6.26

Virtus Investment Partners Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 8.15 -2.93 -1.98 3.10 -0.31

Virtus Investment Partners 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2.1 Mil.

* 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.

Virtus Investment Partners  (FRA:VIP) 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.

Virtus Investment Partners's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=107.076/203.383*91
=48.04

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

Virtus Investment Partners's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=227.157-2352.382+0.75 * 107.076+0.5 * 0
=-2,044.9

* 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.

Virtus Investment Partners Change In Receivables Related Terms

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Virtus Investment Partners (FRA:VIP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Investment Partners Inc (FRA:VIP) » Definitions » Change In Receivables
Comparable Companies
USA NUV BIGZ EVT ECAT RQI RVT BCAT CLM NAC BLK BX KKR OSTO:INVE A TSX:BN APO BK AMP XSWX:PGHN OSTO:EQT
Traded in Other Exchanges
VRTS:USA
Address
One Financial Plaza, Hartford, CT, USA, 06103
Website
https://www.virtus.com
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.

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