Man Group (STU:M3N) Change In Receivables : €-233 Mil (TTM As of Jun. 2024)

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What is Man Group Change In Receivables?

Man Group's change in receivables for the quarter that ended in Jun. 2024 was €-137 Mil. It means Man Group's Accounts Receivable increased by €137 Mil from Dec. 2023 to Jun. 2024 .

Man Group's change in receivables for the fiscal year that ended in Dec. 2023 was €95 Mil. It means Man Group's Accounts Receivable declined by €95 Mil from Dec. 2022 to Dec. 2023 .

Man Group's Accounts Receivable for the quarter that ended in Jun. 2024 was €701 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 Jun. 2024 was 187.98.

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 Jun. 2024 was €-2,426 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.

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Man Group Change In Receivables Chart

Man Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-109.80

41.10

-90.27

-64.19

95.37

Man Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-166.50	101.95	191.98	-95.37	-137.49

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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-233 Mil.

Man Group (STU:M3N) 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 Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	701.395	/	680.957	*	91
=	187.98

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 Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	112.409	-	3064.771	+	0.75 * 701.395	+	0.5 * 0
=	-2,426

Man Group Change In Receivables Related Terms

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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. It invests across a diverse range of strategies and asset classes, with a mix of long-only and alternative strategies run on a discretionary and quantitative basis, across liquid and private markets. The company earns majority of its revenue in the form of Management fee which is charged as a percentage of assets under management or net asset value, and Performance fee which is charged as a percentage of investment performance above a benchmark return.

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