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Diamond Hill Investment Group (Diamond Hill Investment Group) Change In Receivables : $-3.4 Mil (TTM As of Dec. 2023)


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What is Diamond Hill Investment Group Change In Receivables?

Diamond Hill Investment Group's change in receivables for the quarter that ended in Dec. 2023 was $1.9 Mil. It means Diamond Hill Investment Group's Accounts Receivable declined by $1.9 Mil from Sep. 2023 to Dec. 2023 .

Diamond Hill Investment Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-3.4 Mil. It means Diamond Hill Investment Group's Accounts Receivable increased by $3.4 Mil from Dec. 2022 to Dec. 2023 .

Diamond Hill Investment Group's Accounts Receivable for the quarter that ended in Dec. 2023 was $18.1 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. Diamond Hill Investment Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Diamond Hill Investment Group's liquidation value for the three months ended in Dec. 2023 was $-11.2 Mil.

Diamond Hill Investment Group Change In Receivables Historical Data

The historical data trend for Diamond Hill Investment 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.

* Premium members only.

Diamond Hill Investment Group Change In Receivables Chart

Diamond Hill Investment Group 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 -5.02 -0.58 -2.67 3.11 -3.39

Diamond Hill Investment Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.00 -1.51 -0.12 -3.64 1.88

Diamond Hill Investment 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.4 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.

Diamond Hill Investment Group  (NAS:DHIL) 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.

Diamond Hill Investment Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.051/33.821*91
=48.70

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

Diamond Hill Investment Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=46.992-71.778+0.75 * 18.051+0.5 * 0
=-11.2

* 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.

Diamond Hill Investment Group Change In Receivables Related Terms

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Diamond Hill Investment Group (Diamond Hill Investment Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Diamond Hill Investment Group Inc (NAS:DHIL) » Definitions » Change In Receivables
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Traded in Other Exchanges
BVE:Germany
Address
325 John H. McConnell Boulevard, Suite 200, Columbus, OH, USA, 43215
Website
https://www.diamond-hill.com
Diamond Hill Investment Group Inc sponsors, markets, and provides investment advisory and related services to various U.S. and foreign clients including mutual funds, separate accounts, and private investment funds. The company's objective is to fulfill a fiduciary duty to clients and secondary objectives to achieve an adequate long-term return for shareholders. The company generates its revenue from Investment advisory and Mutual fund administration fees.
Executives
Laird James F Jr officer: Chief Financial Officer 375 N FRONT STREET, SUITE 300, COLUMBUS OH 43215
Heather E Brilliant director, officer: Chief Executive Officer 325 JOHN H MCCONNELL BLVD, SUITE 200, COLUMBUS OH 43215
Paula R Meyer director ADVISORY HEDGED OPPORTUNITY FUND, 50590 AXP FINANCIAL CENTER, MINNEAPOLIS MN 55474
Jo Ann Quinif officer: President of DHCM 325 JOHN H. MCCONNELL BLVD., SUITE 200, COLUMBUS OH 43215
Mark Zinkula director 325 JOHN H MCCONNELL BLVD, SUITE 200, COLUMBUS OH 43215
Thomas Edward Line officer: Chief Financial Officer 325 JOHN H. MCCONNELL BLVD., SUITE 200, COLUMBUS OH 43215
L'quentus Thomas director 325 JOHN H MCCONNELL BLVD, SUITE 200, COLUMBUS OH 43215
Richard Scott Cooley director 325 JOHN H MCCONNELL BLVD, SUITE 200, COLUMBUS OH 43215
Randolph J. Fortener director 325 JOHN H. MCCONNELL BLVD., STE. 200, COLUMBUS OH 43215
St. Pierre Nicole Renee director 325 JOHN H. MCCONNELL BLVD., SUITE 200, COLUMBUS OH 43215
Dillon Roderick H Jr director, officer: Chief Executive Officer 180 BEACH DRIVE NE 2001, SAINT PETERSBURG FL 33701
Lisa M Wesolek officer: COO of DHCM 325 JOHN H. MCCONNELL BLVD., STE 200, COLUMBUS OH 43215
Bradley C Shoup director 325 JOHN H. MCCONNELL BLVD., SUITE 200, COLUMBUS OH 43215
Frances A Skinner director 138 PUTNAM STREET, MARIETTA OH 45750
Christopher M Bingaman officer: President of DHCM 325 JOHN H. MCCONNELL BLVD., STE. 200, COLUMBUS OH 43215