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JHG (Janus Henderson Group) Accounts Receivable : $271 Mil (As of Sep. 2024)


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What is Janus Henderson Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Janus Henderson Group's accounts receivables for the quarter that ended in Sep. 2024 was $271 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Janus Henderson Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 39.53.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Janus Henderson Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.60.


Janus Henderson Group Accounts Receivable Historical Data

The historical data trend for Janus Henderson Group's Accounts Receivable 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.

Janus Henderson Group Accounts Receivable Chart

Janus Henderson Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 334.80 373.60 351.60 252.90 294.00

Janus Henderson Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable 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 232.80 294.00 268.40 254.90 270.70

Janus Henderson Group Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Janus Henderson Group Accounts Receivable 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 receivables are being managed.

Janus Henderson Group's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=270.7/624.8*91
=39.53

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Janus Henderson Group's accounts receivable are only considered to be worth 75% of book value:

Janus Henderson Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2522.8+0.75 * 270.7+0.5 * 0-2137.1
-0-493.7)/158.553
=0.60

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Janus Henderson Group Accounts Receivable Related Terms

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Janus Henderson Group Business Description

Traded in Other Exchanges
Address
201 Bishopsgate, London, GBR, EC2M 3AE
Janus Henderson Group provides investment management services to retail intermediary (56% of managed assets), self-directed (23%) and institutional (21%) clients. At the end of September 2024, active equities (63%), fixed-income (21%), multi-asset (14%) and alternative (2%) investment platforms constituted the company's $382.3 billion in assets under management. Janus Henderson sources most of its managed assets from clients in North America (61%), with customers from Europe, the Middle East, Africa, and Latin America (29%) and the Asia-Pacific region (10%) accounting for the remainder.
Executives
Michelle Rosenberg officer: Gen Counsel & Corp Secretary 201 BISHOPGATE, LONDON X0 EC2M 3AE
Roger Mj Thompson officer: Chief Financial Officer 201 BISHOPSGATE, LONDON X0 EC2M3AE
Brennan A. Hughes officer: Chief Accounting Officer 151 DETROIT STREET, DENVER CO 80206
Georgina Fogo officer: Chief Risk Officer 201 BISHOPSGATE, LONDON X0 EC2M3AE
James R Lowry officer: Global Chief Operating Officer 201 BISHOPGATE, LONDON X0 EC2M 3AE
Kevin B Dolan director 201 BISHOPGATE, LONDON X0 EC2M 3AE
Joshua D. Frank director 280 PARK AVE, 41ST FL, NEW YORK NY 10017
Leslie Seidman director 7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Anne Sheehan director THREE LIMITED PARKWAY, COLUMBUS OH 43230
Brian M Baldwin director 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
John M Cassaday director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Alison A. Quirk director C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Ali Dibadj director, officer: CEO C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Trian Fund Management, L.p. 10 percent owner 280 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10017
Suzanne Cain officer: Global Head of Distribution 201 BISHOPSGATE, LONDON X0 EC2M3AE