PJT (PJT Partners) Change In Receivables: $-36 Mil (TTM As of Jun. 2026)

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PJT PJT Partners Inc PJT
91 GF Score
Price $172.75
GF Value $218.91
Valuation Modestly Undervalued
! 4 Warning Signs
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What is PJT Partners Change In Receivables?

PJT Partners PJT -0.72% 91 Change In Receivables is $-36 Mil as of Jun. 2026. GuruFocus rates PJT with a GF Score™ of 91/100 and a GF Value™ of $218.91 (Modestly Undervalued). The stock has 4 warning signs investors should review.

PJT Partners's change in receivables for the quarter that ended in Jun. 2026 was $-47 Mil. It means PJT Partners's Accounts Receivable increased by $47 Mil from Mar. 2026 to Jun. 2026 .

PJT Partners's change in receivables for the fiscal year that ended in Dec. 2025 was $-76 Mil. It means PJT Partners's Accounts Receivable increased by $76 Mil from Dec. 2024 to Dec. 2025 .

PJT Partners's Accounts Receivable for the quarter that ended in Jun. 2026 was $394 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. PJT Partners's Days Sales Outstanding for the three months ended in Jun. 2026 was 74.02.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. PJT Partners's liquidation value for the three months ended in Jun. 2026 was $-241 Mil.


PJT Partners  (NYSE:PJT) 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.

PJT Partners's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=394.46/486.29*91
=74.02

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

PJT Partners's liquidation value for the quarter that ended in Jun. 2026 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=235.541-772.641+0.75 * 394.46+0.5 * 0
=-241

* 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.


PJT Partners Change In Receivables Related Terms


PJT Partners Change In Receivables Historical Data

* Premium members only.

The historical data trend for PJT Partners'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.

PJT Partners Change In Receivables Chart

PJT Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.03 -32.50 51.90 -55.92 -75.85

PJT Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -16.05 -12.44 -30.71 53.91 -46.81
PJT
91GF Score
PJT Partners Inc PJT
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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PJT Partners 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-36 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-36 Mil mean?
PJT Partners (PJT) has a Change In Receivables of $-36 Mil as of Jun. 2026. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for PJT Partners and its competitors.
Is PJT Partners' Change In Receivables too high?
PJT Partners' current Change In Receivables is $-36 Mil. Overall, PJT Partners has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PJT Partners' Change In Receivables compare to LAZ and GLXY?
PJT Partners' Change In Receivables of $-36 Mil can be compared against companies in the Capital Markets 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 a Capital Markets company?
A good Change In Receivables depends on the Capital Markets 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 PJT Partners and its competitors. PJT Partners's current Change In Receivables is $-36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJT Partners stock overvalued right now?
Based on GuruFocus' analysis, PJT Partners (PJT) is currently considered Modestly Undervalued. The stock's GF Value™ is $218.91, compared to a current price of $172.75 — trading 21.1% below its estimated fair value. The current Change In Receivables is $-36 Mil. PJT Partners' overall GF Score™ is 91/100 with 4 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 PJT Partners (PJT), the current Change In Receivables is $-36 Mil as of Jun. 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 PJT Partners (PJT) Overvalued in 2026?

Based on GuruFocus' analysis, PJT Partners stock appears to be undervalued. The current stock price of $172.75 is trading 21.1% below its estimated GF Value™ of $218.91. GuruFocus considers PJT Partners to be Modestly Undervalued.

Key valuation signals for PJT:

  • Change In Receivables: $-36 Mil
  • GF Value™: $218.91 vs. price of $172.75 (21.1% below fair value)
  • GF Score™: 91/100 with 4 warning signs

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


PJT Partners Business Description

Other Exchanges 0KEC:UK
Address 280 Park Avenue, New York, NY, USA, 10017
PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement services, and others. Geographically, it generates maximum revenue from the United States, followed by the United Kingdom and other markets.
91GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$172.75
Price
$218.91
GF Value