PJT Partners (PJT Partners) Change In Receivables : $52 Mil (TTM As of Dec. 2023)

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What is PJT Partners Change In Receivables?

PJT Partners's change in receivables for the quarter that ended in Dec. 2023 was $62 Mil. It means PJT Partners's Accounts Receivable declined by $62 Mil from Sep. 2023 to Dec. 2023 .

PJT Partners's change in receivables for the fiscal year that ended in Dec. 2023 was $52 Mil. It means PJT Partners's Accounts Receivable declined by $52 Mil from Dec. 2022 to Dec. 2023 .

PJT Partners's Accounts Receivable for the quarter that ended in Dec. 2023 was $264 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 Dec. 2023 was 73.19.

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 Dec. 2023 was $-21 Mil.

PJT Partners Change In Receivables Historical Data

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.

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PJT Partners Change In Receivables Chart

PJT Partners Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-11.06

-4.94

-61.03

-32.50

51.90

PJT Partners Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-25.71	-1.61	-14.95	6.63	61.84

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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $52 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 Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	263.529	/	328.554	*	91
=	73.19

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 Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	355.543	-	573.814	+	0.75 * 263.529	+	0.5 * 0
=	-21

PJT Partners Change In Receivables Related Terms

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PJT Partners (PJT Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PJT Partners Inc (NYSE:PJT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

1PJ:Germany 1PJ:Germany

Address

280 Park Avenue, New York, NY, USA, 10017

Website

https://www.pjtpartners.com

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 fees, and others. Geographically, It generates a majority of its revenue from the United States.

Executives

Ji-yeun Lee	officer: Managing Partner	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Helen T Meates	officer: Chief Financial Officer	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kievdi Don Cornwell	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10017
Grace Reksten Skaugen	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
David Adam Travin	officer: General Counsel	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
James W Cuminale	officer: General Counsel	ONE PICKWICK PLAZA, GREENWICH CT 06830
Paul J Taubman	director, officer: Chairman and CEO	C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Dennis S Hersch	director	8000 WALTON PARKWAY, SUITE 100, NEW ALBANY OH 43054
James Costos	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Thomas M Ryan	director	ONE CVS DR, WOONSOCKET RI 02895
Kenneth C Whitney	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Emily K Rafferty	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kathleen Skero	officer: See Remarks	THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael Chae	officer: Chief Financial Officer	345 PARK AVENUE, NEW YORK NY 10154