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Gleacher (Gleacher) Change In Receivables : $244.30 Mil (TTM As of Mar. 2014)


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What is Gleacher Change In Receivables?

Gleacher's change in receivables for the quarter that ended in Mar. 2014 was $10.00 Mil. It means Gleacher's Accounts Receivable declined by $10.00 Mil from Dec. 2013 to Mar. 2014 .

Gleacher's change in receivables for the fiscal year that ended in Dec. 2013 was $10.89 Mil. It means Gleacher's Accounts Receivable declined by $10.89 Mil from Dec. 2012 to Dec. 2013 .

Gleacher's Accounts Receivable for the quarter that ended in Mar. 2014 was $2.59 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. Gleacher's Days Sales Outstanding for the three months ended in Mar. 2014 was 297.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Gleacher's liquidation value for the three months ended in Mar. 2014 was $47.33 Mil.


Gleacher Change In Receivables Historical Data

The historical data trend for Gleacher'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.

Gleacher Change In Receivables Chart

Gleacher Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.75 -19.24 4.88 2.71 10.89

Gleacher Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -223.40 232.97 2.43 -1.11 10.00

Gleacher 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. 2014 adds up the quarterly data reported by the company within the most recent 12 months, which was $244.30 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.


Gleacher  (OTCPK:GLCH) 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.

Gleacher's Days Sales Outstanding for the quarter that ended in Mar. 2014 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=2.586/0.792*91
=297.95

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

Gleacher's liquidation value for the quarter that ended in Mar. 2014 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=57.466-12.074+0.75 * 2.586+0.5 * 0
=47.33

* 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.


Gleacher Change In Receivables Related Terms

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Gleacher (Gleacher) Business Description

Traded in Other Exchanges
N/A
Address
Gleacher & Co Inc previously operated an investment banking company. It provided an investment banking business, providing corporate and institutional clients with strategic and financial advisory services, including merger and acquisition, restructuring, recapitalization, and strategic alternative analysis, as well as capital raising, research based investment analysis, and securities brokerage services. The company is now engaged solely in winding up its business and paying or providing for its obligations.
Executives
Bryan Edmiston officer: Controller 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Alan J. Mintz 10 percent owner 555 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10017
Matlinpatterson Llc 10 percent owner 520 MADISON AVE, NEW YORK NY 10022
David J Matlin 10 percent owner
Mark R Patterson 10 percent owner
Matlinpatterson Asset Management Llc 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Bruce Rohde director 843 SOUTH 96 STREET, OMAHA NE 68114
Robert A Gerard director 161 DUANE ST, NEW YORK NY 10013
Henry S Bienen director C/O NORTHWESTERN UNIVERSITY, 375 E CHICAGO AVE, ROOM 11-410, CHICAGO IL 60611
Marshall A Cohen director 1700 E PUTNAM AVE, SUITE 400, OLD GREENWICH CT 06870
Victor E Mandel director PO BOX 5962, WASHINGTON DC 20016
Frank Plimpton director MATLINPATTERSON GLOBAL ADVISERS LLC, 520 MADISON AVE, NEW YORK NY 10022-4213
Mast Capital Management, Llc 10 percent owner 31 ST. JAMES AVENUE, 6TH FLOOR, BOSTON MA 02116
David J. Steinberg 10 percent owner C/O MAST CAPITAL MANAGEMENT, LLC, 31 ST. JAMES AVENUE, 6TH FLOOR, BOSTON MA 02116
George C Mcnamee director FIRST ALBANY COMPANIES INC., 677 BROADWAY, ALBANY NY 12207-2990

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