Virtu Financial (STU:0VF) Change In Receivables : €384 Mil (TTM As of Sep. 2024)

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What is Virtu Financial Change In Receivables?

Virtu Financial's change in receivables for the quarter that ended in Sep. 2024 was €-308 Mil. It means Virtu Financial's Accounts Receivable increased by €308 Mil from Jun. 2024 to Sep. 2024 .

Virtu Financial's change in receivables for the fiscal year that ended in Dec. 2023 was €243 Mil. It means Virtu Financial's Accounts Receivable declined by €243 Mil from Dec. 2022 to Dec. 2023 .

Virtu Financial's Accounts Receivable for the quarter that ended in Sep. 2024 was €1,229 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. Virtu Financial's Days Sales Outstanding for the three months ended in Sep. 2024 was 176.06.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Virtu Financial's liquidation value for the three months ended in Sep. 2024 was €-10,143 Mil.

Virtu Financial Change In Receivables Historical Data

The historical data trend for Virtu Financial'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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Virtu Financial Change In Receivables Chart

Virtu Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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126.64

-391.58

641.80

60.92

242.80

Virtu Financial Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-247.34	852.18	-496.21	335.65	-308.03

Virtu Financial 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €384 Mil.

Virtu Financial (STU:0VF) 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.

Virtu Financial's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1228.746	/	636.863	*	91
=	176.06

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

Virtu Financial's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	631.966	-	11696.197	+	0.75 * 1228.746	+	0.5 * 0
=	-10,143

Virtu Financial Change In Receivables Related Terms

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Virtu Financial Business Description

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VIRT:USA VIRT:Mexico 0A7X:UK

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.virtu.com

Virtu Financial Inc is a technology-enabled market maker and liquidity provider to the financial markets. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.

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