Houlihan Lokey (FRA:2HL) Change In Receivables : €-94 Mil (TTM As of Mar. 2024)

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What is Houlihan Lokey Change In Receivables?

Houlihan Lokey's change in receivables for the quarter that ended in Mar. 2024 was €-59 Mil. It means Houlihan Lokey's Accounts Receivable increased by €59 Mil from Dec. 2023 to Mar. 2024 .

Houlihan Lokey's change in receivables for the fiscal year that ended in Mar. 2024 was €-93 Mil. It means Houlihan Lokey's Accounts Receivable increased by €93 Mil from Mar. 2023 to Mar. 2024 .

Houlihan Lokey's Accounts Receivable for the quarter that ended in Mar. 2024 was €184 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. Houlihan Lokey's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.00.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Houlihan Lokey's liquidation value for the three months ended in Mar. 2024 was €-419 Mil.

Houlihan Lokey Change In Receivables Historical Data

The historical data trend for Houlihan Lokey'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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Houlihan Lokey Change In Receivables Chart

Houlihan Lokey Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

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17.23

-93.65

29.21

-46.08

-93.20

Houlihan Lokey Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															3.40	48.49	-42.68	-40.45	-59.05

Houlihan Lokey 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-94 Mil.

Houlihan Lokey (FRA:2HL) 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.

Houlihan Lokey's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	183.66	/	478.82	*	91
=	35.00

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

Houlihan Lokey's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	670.497	-	1227.288	+	0.75 * 183.66	+	0.5 * 0
=	-419

Houlihan Lokey Change In Receivables Related Terms

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Houlihan Lokey (FRA:2HL) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Houlihan Lokey Inc (FRA:2HL) » Definitions » Change In Receivables

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Traded in Other Exchanges

HLI:USA 2HL:Germany

Address

10250 Constellation Boulevard, 5th Floor, Los Angeles, CA, USA, 90067

Website

https://www.hl.com

Houlihan Lokey Inc is an investment bank with expertise in mergers and acquisitions, capital markets, financial restructuring, valuation, and strategic consulting. The firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia-Pacific region. The company operates in three segments. In the Corporate Finance business segment, it provides M&A and capital markets advisory services. Through the Financial Restructuring business segment, the company advises on some of the complex restructurings around the world. Financial and Valuation Advisory Services business segment provides valuation and financial opinion, and financial and strategic consulting practices in the United States.

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