BGC Group (FRA:ESD) Change In Receivables : €237 Mil (TTM As of Mar. 2024)

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What is BGC Group Change In Receivables?

BGC Group's change in receivables for the quarter that ended in Mar. 2024 was €-1,146 Mil. It means BGC Group's Accounts Receivable increased by €1,146 Mil from Dec. 2023 to Mar. 2024 .

BGC Group's change in receivables for the fiscal year that ended in Dec. 2023 was €117 Mil. It means BGC Group's Accounts Receivable declined by €117 Mil from Dec. 2022 to Dec. 2023 .

BGC Group's Accounts Receivable for the quarter that ended in Mar. 2024 was €5 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. BGC Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 0.85.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. BGC Group's liquidation value for the three months ended in Mar. 2024 was €-2,650 Mil.

BGC Group Change In Receivables Historical Data

The historical data trend for BGC 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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BGC Group Change In Receivables Chart

BGC Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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218.78

121.00

-543.55

161.68

117.28

BGC Group 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															-1,284.15	569.43	60.19	753.42	-1,146.34

BGC 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.

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 €237 Mil.

BGC Group (FRA:ESD) 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.

BGC 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
=	4.866	/	523.342	*	91
=	0.85

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

BGC 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)
=	521.448	-	3174.719	+	0.75 * 4.866	+	0.5 * 0
=	-2,650

BGC Group Change In Receivables Related Terms

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BGC Group (FRA:ESD) Business Description

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BGC:USA

Address

499 Park Avenue, New York, NY, USA, 10022

Website

https://www.bgcg.com

BGC Group Inc is a brokerage and financial technology company that serves the global financial markets. Its service and product offerings include brokerage for a wide range of financial products including fixed income, equities, commodities, derivatives, and real estate, software solutions for trading platforms, clearing, trade execution, and other back-office services. Its clients mostly include banks, brokerage houses, hedge funds, and investment banks. BGC operates in one reportable segment, which is providing brokerage services to the financial markets. The company earns the majority of its revenue in the United Kingdom followed by the United States.

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