APAM (Artisan Partners Asset Management) Change In Receivables: $-20 Mil (TTM As of Mar. 2026)

What is Artisan Partners Asset Management Change In Receivables?

Artisan Partners Asset Management APAM -0.75% 78 Change In Receivables is $-20 Mil as of Mar. 2026. GuruFocus rates APAM with a GF Score™ of 78/100 and a GF Value™ of $47.23 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Artisan Partners Asset Management's change in receivables for the quarter that ended in Mar. 2026 was $12 Mil. It means Artisan Partners Asset Management's Accounts Receivable declined by $12 Mil from Dec. 2025 to Mar. 2026 .

Artisan Partners Asset Management's change in receivables for the fiscal year that ended in Dec. 2025 was $-35 Mil. It means Artisan Partners Asset Management's Accounts Receivable increased by $35 Mil from Dec. 2024 to Dec. 2025 .

Artisan Partners Asset Management's Accounts Receivable for the quarter that ended in Mar. 2026 was $149 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. Artisan Partners Asset Management's Days Sales Outstanding for the three months ended in Mar. 2026 was 44.98.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Artisan Partners Asset Management's liquidation value for the three months ended in Mar. 2026 was $-515 Mil.

Artisan Partners Asset Management (NYSE:APAM) 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.

Artisan Partners Asset Management's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	149.373	/	303.012	*	91
=	44.98

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

Artisan Partners Asset Management's liquidation value for the quarter that ended in Mar. 2026 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	300.445	-	927.61	+	0.75 * 149.373	+	0.5 * 0
=	-515

* 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.

Artisan Partners Asset Management Change In Receivables Related Terms

Artisan Partners Asset Management Change In Receivables Historical Data

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The historical data trend for Artisan Partners Asset Management's Change In Receivables can be seen below:

Artisan Partners Asset Management Change In Receivables Chart

Artisan Partners Asset Management Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Change In Receivables

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-15.96

16.62

0.13

-16.90

-34.70

Artisan Partners Asset Management Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Change In Receivables	Get a 7-Day Free Trial															-3.23	8.92	-4.23	-36.16	11.82

78GF Score

Artisan Partners Asset Management Inc APAM

Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.

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Artisan Partners Asset Management 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-20 Mil.

Frequently Asked Questions Learn more about Change In Receivables →

What does a Change In Receivables of $-20 Mil mean?

Artisan Partners Asset Management (APAM) has a Change In Receivables of $-20 Mil as of Mar. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Artisan Partners Asset Management and its competitors.

Is Artisan Partners Asset Management's Change In Receivables too high?

Artisan Partners Asset Management's current Change In Receivables is $-20 Mil. Overall, Artisan Partners Asset Management has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Artisan Partners Asset Management's Change In Receivables compare to PTY and GDV?

Artisan Partners Asset Management's Change In Receivables of $-20 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Change In Receivables for an Asset Management company?

A good Change In Receivables depends on the Asset Management industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Change In Receivables mean?

A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Artisan Partners Asset Management and its competitors. Artisan Partners Asset Management's current Change In Receivables is $-20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Artisan Partners Asset Management stock overvalued right now?

Based on GuruFocus' analysis, Artisan Partners Asset Management (APAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $47.23, compared to a current price of $35.76 — trading 24.3% below its estimated fair value. The current Change In Receivables is $-20 Mil. Artisan Partners Asset Management's overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Change In Receivables calculated?

Change In Receivables is calculated from a company's financial statements. For Artisan Partners Asset Management (APAM), the current Change In Receivables is $-20 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Artisan Partners Asset Management (APAM) Overvalued in 2026?

Based on GuruFocus' analysis, Artisan Partners Asset Management stock appears to be undervalued. The current stock price of $35.76 is trading 24.3% below its estimated GF Value™ of $47.23. GuruFocus considers Artisan Partners Asset Management to be Modestly Undervalued.

Key valuation signals for APAM:

Change In Receivables: $-20 Mil
GF Value™: $47.23 vs. price of $35.76 (24.3% below fair value)
GF Score™: 78/100 with 3 warning signs

No single metric tells the full story. See the APAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Artisan Partners Asset Management Business Description

Industry Financial Services Asset Management

Comparable Companies PTY GDV AAMI NZF WT KYN NVG GOF ETY NAD BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT AMP LSE:III

Other Exchanges AP0:Germany

Address 875 East Wisconsin Avenue, Suite 800, Milwaukee, WI, USA, 53202

Website https://www.artisanpartners.com

Artisan Partners Asset Management Inc is a investment management firm providing a range of investment strategies to a diverse group of clients around the world. Each of the company's strategies is managed by one of its several investment teams. Investment management services are offered to institutions through separate accounts and mutual funds. Artisan's investment offerings include several long-only, equity investment strategies across a multitude of market capitalization segments and investing styles in both the United States and international markets. The company operates as one segment in the investment management business. The company generates maximum portion of its revenues from clients domiciled in countries outside the United States.

78GF Score

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$35.76

Price

$47.23

GF Value

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