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Global Brokerage (Global Brokerage) Change In Receivables : $17.5 Mil (TTM As of Sep. 2017)


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What is Global Brokerage Change In Receivables?

Global Brokerage's change in receivables for the quarter that ended in Sep. 2017 was $10.8 Mil. It means Global Brokerage's Accounts Receivable declined by $10.8 Mil from Jun. 2017 to Sep. 2017 .

Global Brokerage's change in receivables for the fiscal year that ended in Dec. 2016 was $10.1 Mil. It means Global Brokerage's Accounts Receivable declined by $10.1 Mil from Dec. 2015 to Dec. 2016 .

Global Brokerage's Accounts Receivable for the quarter that ended in Sep. 2017 was $16.3 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. Global Brokerage's Days Sales Outstanding for the three months ended in Sep. 2017 was 33.74.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Global Brokerage's liquidation value for the three months ended in Sep. 2017 was $-141.7 Mil.


Global Brokerage Change In Receivables Historical Data

The historical data trend for Global Brokerage'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.

Global Brokerage Change In Receivables Chart

Global Brokerage Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial 2.76 1.16 -31.15 15.13 10.09

Global Brokerage Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 6.90 -3.82 9.78 0.72 10.78

Global Brokerage 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.5 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.


Global Brokerage  (OTCPK:GLBR) 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.

Global Brokerage's Days Sales Outstanding for the quarter that ended in Sep. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=16.258/43.971*91
=33.74

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

Global Brokerage's liquidation value for the quarter that ended in Sep. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=453.389-607.293+0.75 * 16.258+0.5 * 0
=-141.7

* 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.


Global Brokerage Change In Receivables Related Terms

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Global Brokerage (Global Brokerage) Business Description

Traded in Other Exchanges
N/A
Address
55 Water Street, 50th Floor, New York, NY, USA, 10041
Global Brokerage Inc operates as a holding company in the United States is engaged in the provision of providing online foreign exchange (FX) trading and related services to retail and institutional customers worldwide. The company offers spot FX trading that includes contracts for metals, fixed income, energy, and stock indices; and provides spread betting trading to the customers. The company is also engaged in hedge trading in its electronic market making, provides trading tools data and resources and educational courses. It generates is revenue by the way of trading facilities.
Executives
Nicola Jr Santoro other: Fmr. Chief Accounting Officer C/O FXCM INC, 55 WATER STREET, NEW YORK NY 10041
Lehman Brothers Holdings Inc 10 percent owner 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Michael F Price 10 percent owner C/O MFP INVESTORS LLC, 909 THIRD AVE, 33RD FLOOR, NEW YORK NY 10022
Mfp Investors Llc 10 percent owner 909 THIRD AVE, 33RD FLOOR, NEW YORK NY 10022

Global Brokerage (Global Brokerage) Headlines