FactSet Research Systems (FactSet Research Systems) Change In Receivables : $-25 Mil (TTM As of Feb. 2024)

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What is FactSet Research Systems Change In Receivables?

FactSet Research Systems's change in receivables for the quarter that ended in Feb. 2024 was $-30 Mil. It means FactSet Research Systems's Accounts Receivable increased by $30 Mil from Nov. 2023 to Feb. 2024 .

FactSet Research Systems's change in receivables for the fiscal year that ended in Aug. 2023 was $-40 Mil. It means FactSet Research Systems's Accounts Receivable increased by $40 Mil from Aug. 2022 to Aug. 2023 .

FactSet Research Systems's Accounts Receivable for the quarter that ended in Feb. 2024 was $272 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. FactSet Research Systems's Days Sales Outstanding for the three months ended in Feb. 2024 was 45.49.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FactSet Research Systems's liquidation value for the three months ended in Feb. 2024 was $-1,535 Mil.

FactSet Research Systems Change In Receivables Historical Data

The historical data trend for FactSet Research Systems'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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FactSet Research Systems Change In Receivables Chart

FactSet Research Systems Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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10.21

-8.61

3.65

-32.98

-40.10

FactSet Research Systems 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															-30.65	16.42	-2.22	-9.76	-29.71

FactSet Research Systems 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 $-25 Mil.

FactSet Research Systems (NYSE:FDS) 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.

FactSet Research Systems's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	272.177	/	545.945	*	91
=	45.49

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

FactSet Research Systems'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)
=	450.227	-	2189.112	+	0.75 * 272.177	+	0.5 * 0
=	-1,535

FactSet Research Systems Change In Receivables Related Terms

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FactSet Research Systems (FactSet Research Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FactSet Research Systems Inc (NYSE:FDS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

FDS:Mexico FA1:Germany

Address

45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850

Website

https://www.factset.com

FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.

Executives

Frederick Philip Snow	director, officer: Chief Executive Officer	45 GLOVER AVENUE, NORWALK CT 06850
Laurie Siegel	director	C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Katherine M Stepp	officer: Chief Technology Officer (CTO)	FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Rachel Rebecca Stern	officer: EVP, Chief Legal Officer	45 GLOVER AVENUE, NORWALK CT 06850
Robert J. Robie	officer: EVP, Head of Trading&Analytics	45 GLOVER AVENUE, NORWALK CT 06850
Christopher R Ellis	officer: EVP, Initiatives & P'ships	FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Malcolm Frank	director	FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Goran Skoko	officer: EVP, Wealth Solutions	45 GLOVER AVENUE, NORWALK CT 06850
Kristina W Karnovsky	officer: EVP, Chief Product Officer	45 GLOVER AVENUE, NORWALK CT 06850
John Costigan	officer: Chief Content Officer	FACTSET RESEARCH SYSTEMS, 45 GLOVER AVENUE, NORWALK CT 06850
Catrina Harding	officer: Chief People Officer	FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Jonathan Reeve	officer: EVP, Senior Head of CTS	601 MAIN AVENUE, NORWALK CT 06851
Shlomo Elisha Wiesel	director	FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Sheila B Jordan	director	601 MERRITT 7, NORWALK CT 06851
Joseph Zimmel	director	601 MERRITT 7, NORWALK CT 06851