AGF Management (AGF Management) Change In Receivables : $-10.6 Mil (TTM As of Feb. 2024)

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What is AGF Management Change In Receivables?

AGF Management's change in receivables for the quarter that ended in Feb. 2024 was $-8.3 Mil. It means AGF Management's Accounts Receivable increased by $8.3 Mil from Nov. 2023 to Feb. 2024 .

AGF Management's change in receivables for the fiscal year that ended in Nov. 2023 was $-1.5 Mil. It means AGF Management's Accounts Receivable increased by $1.5 Mil from Nov. 2022 to Nov. 2023 .

AGF Management's Accounts Receivable for the quarter that ended in Feb. 2024 was $35.4 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. AGF Management's Days Sales Outstanding for the three months ended in Feb. 2024 was 38.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AGF Management's liquidation value for the three months ended in Feb. 2024 was $-191.8 Mil.

AGF Management Change In Receivables Historical Data

The historical data trend for AGF Management'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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AGF Management Change In Receivables Chart

AGF Management Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

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5.40

3.20

-0.06

-2.09

-1.53

AGF Management Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															0.66	-8.16	2.19	3.71	-8.34

AGF Management 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-10.6 Mil.

AGF Management (OTCPK:AGFMF) 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.

AGF Management's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	35.418	/	83.996	*	91
=	38.48

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

AGF Management's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	34.205	-	252.593	+	0.75 * 35.418	+	0.5 * 0
=	-191.8

AGF Management Change In Receivables Related Terms

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AGF Management (AGF Management) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AGF Management Ltd (OTCPK:AGFMF) » Definitions » Change In Receivables

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Traded in Other Exchanges

A3J:Germany AGF.B:Canada

Address

81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1

Website

https://www.agf.com

AGF Management is a Canada-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of September, the firm had CAD 41.0 billion in total assets under management. Its funds are weighted more heavily toward equities, with close to three fourths of retail AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with one fourth of its total AUM derived from institutional and subadvised accounts. The company derives 17% of its managed assets from high-net-worth clients.

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