Man Group (LSE:EMG) Change In Receivables : £82.6 Mil (TTM As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Man Group Change In Receivables?

Man Group's change in receivables for the quarter that ended in Dec. 2023 was £-82.2 Mil. It means Man Group's Accounts Receivable increased by £82.2 Mil from Jun. 2023 to Dec. 2023 .

Man Group's change in receivables for the fiscal year that ended in Dec. 2023 was £82.2 Mil. It means Man Group's Accounts Receivable declined by £82.2 Mil from Dec. 2022 to Dec. 2023 .

Man Group's Accounts Receivable for the quarter that ended in Dec. 2023 was £19.8 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. Man Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Man Group's liquidation value for the six months ended in Dec. 2023 was £-2,030.5 Mil.

Man Group Change In Receivables Historical Data

The historical data trend for Man Group'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.

Man Group Change In Receivables Chart

Man Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-93.09

37.20

-76.70

-55.83

82.16

Man Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial															94.00	-142.91	88.67	164.74	-82.16

Man Group 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £82.6 Mil.

Man Group (LSE:EMG) 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.

Man Group's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	19.75	/	522.98	*	91
=	6.89

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

Man Group's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	142.2	-	2187.51	+	0.75 * 19.75	+	0.5 * 0
=	-2,030.5

Man Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Man Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Man Group (LSE:EMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Man Group PLC (LSE:EMG) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

MNGPF:USA EMGl:UK M3N:Germany

Address

2 Swan Lane, Riverbank House, London, GBR, EC4R 3AD

Website

https://www.man.com

Man Group PLC is a investment management firm. It provides a diverse range of alternative and traditional quantitative investment strategies to a predominantly institutional client base. Man divides its reported funds under management by four material segments, including momentum strategies, multi- strategy, sector-based, and alpha capture strategies. The momentum strategy utilizes algorithms to identify trends and to exhibit low correlation with other asset classes. Multi-asset strategies compose a mix of high-conviction systematic models of liquid assets. The alpha capture strategy constructs a long-only portfolio of best ideas from specific equity brokers. Revenue is generated primarily through management fees and secondarily through performance fees.

Man Group (LSE:EMG) Headlines

No Headlines