Siebert Financial (Siebert Financial) Change In Receivables : $-6.53 Mil (TTM As of Sep. 2023)

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What is Siebert Financial Change In Receivables?

Siebert Financial's change in receivables for the quarter that ended in Sep. 2023 was $-12.66 Mil. It means Siebert Financial's Accounts Receivable increased by $12.66 Mil from Jun. 2023 to Sep. 2023 .

Siebert Financial's change in receivables for the fiscal year that ended in Dec. 2022 was $36.57 Mil. It means Siebert Financial's Accounts Receivable declined by $36.57 Mil from Dec. 2021 to Dec. 2022 .

Siebert Financial's Accounts Receivable for the quarter that ended in Sep. 2023 was $80.13 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. Siebert Financial's Days Sales Outstanding for the three months ended in Sep. 2023 was 413.79.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Siebert Financial's liquidation value for the three months ended in Sep. 2023 was $-210.94 Mil.

Siebert Financial Change In Receivables Historical Data

The historical data trend for Siebert Financial'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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Siebert Financial Change In Receivables Chart

Siebert Financial Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Change In Receivables

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-1.62

-6.04

-23.58

19.25

36.57

Siebert Financial Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Receivables	Get a 7-Day Free Trial															-2.08	12.55	-0.98	-5.44	-12.66

Siebert Financial 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.53 Mil.

Siebert Financial (NAS:SIEB) 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.

Siebert Financial's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	80.127	/	17.67	*	91
=	413.79

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

Siebert Financial's liquidation value for the quarter that ended in Sep. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	428.543	-	699.581	+	0.75 * 80.127	+	0.5 * 0
=	-210.94

Siebert Financial Change In Receivables Related Terms

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Siebert Financial (Siebert Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Siebert Financial Corp (NAS:SIEB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

STF:Germany

Address

535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017

Website

https://www.siebert.com

Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries.

Executives

Hocheol Simon Shin	director	535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
Kakao Corp	10 percent owner	TOWER A, 166 PANGYOYEOK-RO, BUNDANG-GU, GYEONGGI-DO, SEONGNAM-SI M5 13529
Kakaopay Corp	10 percent owner	15F, TOWER B, 166 PANGYOYEOK-RO, BUNDANG-GU, SEONGNAM-SI, GYEONGGI-DO, SEONGNAM-SI M5 13529
John M. Gebbia	other: MEMBER OF 10% OWNER GROUP	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Cynthia Dibartolo	other: See footnote	535 FIFTH AVENUE, 4TH FLOOR, NEW YORK NY 10017
John J Gebbia	director	120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
David Gebbia	other: MEMBER OF 10% OWNER GROUP	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Richard Gebbia	other: MEMBER OF 10% OWNER GROUP	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gloria E Gebbia	director, other: 10% Owner(1)	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Kennedy Cabot Acquisition, Llc	10 percent owner	24100 CALABASAS ROAD, CALABASAS CA 91302
Francis V Cuttita	director	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Jerry M Schneider	director	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Charles Zabatta	director	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Andrew H Reich	director, officer: EVP, COO, CFO and Secretary	C/O GUSRAE KAPLAN NUSBAUM PLLC, 120 WALL STREET, NEW YORK NY 10005
Leonard M Leiman	director	C/O SIEBERT FINANCIAL CORP, 885 THIRD AVE STE 1720, NEW YORK NY 10022