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Stifel Financial (Stifel Financial) Accounts Receivable : $842 Mil (As of Dec. 2023)


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What is Stifel Financial Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Stifel Financial's accounts receivables for the quarter that ended in Dec. 2023 was $842 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Stifel Financial's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 67.89.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Stifel Financial's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-272.84.


Stifel Financial Accounts Receivable Historical Data

The historical data trend for Stifel Financial's Accounts Receivable 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.

Stifel Financial Accounts Receivable Chart

Stifel Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,351.79 936.50 1,152.88 924.39 841.51

Stifel Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable 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 958.82 894.90 885.67 841.51 -

Stifel Financial Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Stifel Financial Accounts Receivable 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 receivables are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=841.507/1131*91
=67.89

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Stifel Financial's accounts receivable are only considered to be worth 75% of book value:

Stifel Financial's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4913.487+0.75 * 841.507+0.5 * 0-32433.029
-685-0)/101.062
=-272.84

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Stifel Financial Accounts Receivable Related Terms

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Stifel Financial (Stifel Financial) Business Description

Address
501 North Broadway, One Financial Plaza, Saint Louis, MO, USA, 63102-2188
Stifel Financial is a middle-market-focused investment bank that produces more than 90% of its revenue in the United States. Approximately 60% of the company's net revenue is derived from its global wealth management division, which supports over 2,000 financial advisors, with the remainder coming from its institutional securities business. Stifel has a history of being an active acquirer of other financial service firms.
Executives
Mark P Fisher officer: SENIOR VP & GENERAL COUNSEL C/O THOMAS WEISEL PARTNERS GROUP, INC., ONE MONTGOMERY STREET, SUITE 3700, SAN FRANCISCO CA 94104
Christopher K Reichert officer: CEO of Stifel Bank & Trust C/O PULASKI FINANCIAL CORP, 12300 OLIVE BLVD, ST LOUIS MO 63141
Thomas B. Michaud director C/O KBW, INC., 787 SEVENTH AVENUE, NEW YORK NY 10019
Lisa Landau Carnoy director 501 NORTH BROADWAY, ST. LOUIS MO 63102
Maryam S. Brown director 555 W. 5TH STREET, LOS ANGELES CA 90013
James M Zemlyak officer: CHIEF FIN'L & ADMIN OFFCR 501 NORTH BROADWAY, ST LOUIS MO 63102
Ronald J Kruszewski director, officer: CHIEF EXECUTIVE OFFICER 501 NORTH BROADWAY, ST LOUIS MO 63102
James P. Kavanaugh director 501 NORTH BROADWAY, ST. LOUIS MO 63102
Victor Nesi director, officer: Director 650 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
James M Oates director C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Thomas W Weisel director
David D Sliney officer: Dir Strategic Planning & Tech, other: Dir Strategic Planning & Tech 501 NORTH BROADWAY, ST LOUIS MO 63102
Robert Edward Grady director 555 CALIFORNIA STREET, SUITE 3450, SAN FRANCISCO CA 94104
John P Dubinsky director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
David A Peacock director 190 CARONDELET PLAZA, CLAYTON MO 63105