Binah Capital Group (Binah Capital Group) Change In Receivables : $-0.26 Mil (TTM As of Mar. 2024)

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What is Binah Capital Group Change In Receivables?

Binah Capital Group's change in receivables for the quarter that ended in Mar. 2024 was $-0.16 Mil. It means Binah Capital Group's Accounts Receivable increased by $0.16 Mil from Dec. 2023 to Mar. 2024 .

Binah Capital Group's change in receivables for the fiscal year that ended in Dec. 2023 was $0.03 Mil. It means Binah Capital Group's Accounts Receivable declined by $0.03 Mil from Dec. 2022 to Dec. 2023 .

Binah Capital Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $8.55 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. Binah Capital Group's Days Sales Outstanding for the six months ended in Mar. 2024 was 38.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Binah Capital Group's liquidation value for the six months ended in Mar. 2024 was $-50.22 Mil.

Binah Capital Group Change In Receivables Historical Data

The historical data trend for Binah Capital Group'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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Binah Capital Group Change In Receivables Chart

Binah Capital Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

1.45

-3.61

2.58

0.03

Binah Capital Group Semi-Annual Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial						0.12	-0.08	-0.13	0.11	-0.16

Binah Capital Group 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 was $-0.26 Mil.

Binah Capital Group (NAS:BCGWW) 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.

Binah Capital Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	8.554	/	40.08	*	91
=	38.95

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

Binah Capital Group'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)
=	5.78	-	62.414	+	0.75 * 8.554	+	0.5 * 0
=	-50.22

Binah Capital Group Change In Receivables Related Terms

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Binah Capital Group (Binah Capital Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Binah Capital Group Inc (NAS:BCGWW) » Definitions » Change In Receivables

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Address

One Cowboys Way, Suite 490, Frisco, TX, USA, 75034

Website

https://www.wentworthms.com

Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

Binah Capital Group (Binah Capital Group) Headlines

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