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SEI Investments Co (SEI Investments Co) Change In Receivables : $-38 Mil (TTM As of Dec. 2023)


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What is SEI Investments Co Change In Receivables?

SEI Investments Co's change in receivables for the quarter that ended in Dec. 2023 was $18 Mil. It means SEI Investments Co's Accounts Receivable declined by $18 Mil from Sep. 2023 to Dec. 2023 .

SEI Investments Co's change in receivables for the fiscal year that ended in Dec. 2023 was $-38 Mil. It means SEI Investments Co's Accounts Receivable increased by $38 Mil from Dec. 2022 to Dec. 2023 .

SEI Investments Co's Accounts Receivable for the quarter that ended in Dec. 2023 was $171 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. SEI Investments Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SEI Investments Co's liquidation value for the three months ended in Dec. 2023 was $606 Mil.


SEI Investments Co Change In Receivables Historical Data

The historical data trend for SEI Investments Co'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.

* Premium members only.

SEI Investments Co Change In Receivables Chart

SEI Investments Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.80 -45.87 -57.71 -18.64 -37.51

SEI Investments Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.31 -64.15 3.12 18.22 -

SEI Investments Co 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 $-38 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.


SEI Investments Co  (NAS:SEIC) 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.

SEI Investments Co's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=171.242/484.858*91
=32.23

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

SEI Investments Co'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)
=866.031-388.175+0.75 * 171.242+0.5 * 0
=606

* 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.


SEI Investments Co Change In Receivables Related Terms

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SEI Investments Co (SEI Investments Co) Business Description

Traded in Other Exchanges
Address
1 Freedom Valley Drive, Oaks, PA, USA, 19456
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2022, SEI (including LSV) manages, administers, or advises on over $1.2 trillion in assets.
Executives
West Alfred P Jr director, 10 percent owner, officer: Chairman and Chief Executive 1 FREEDOM VALLEY DRIVE, OAKS PA 19456
Carmen Romeo director, officer: Executive Vice President
Wayne Withrow officer: Executive Vice President
Stephanie D. Miller director 1 FREEDOM VALLEY DRIVE, OAKS PA 19456
Michael Peterson officer: EXECUTIVE VICE PRESIDENT GC 1 FREEDOM VALLEY DRIVE, OAKS X1 19456
Kathryn Mccarthy director ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Dennis Mcgonigle officer: Executive Vice President/CFO ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Ryan Hicke officer: Executive Vice President ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Mark Andrew Warner officer: VP, Controller and CAO 1 FREEDOM VALLEY DRIVE, OAKS PA 19456
Sarah Blumenstein director
Sanjay Sharma officer: EVP (*Remarks) ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Philip Mccabe officer: EVP - Head of Investment Mgr ONE FREEDOM VALLEY DRIVE, OAKS PA 19456
Kevin Barr officer: Executive Vice President 1 FREEDOM VALLEY DRIVE, OAKS PA 19456
Kathy Heilig officer: Controller/Senior Vice Preside
Jonathan Brassington director ONE FREEDOM VALLEY DRIVE, OAKS PA 19456

SEI Investments Co (SEI Investments Co) Headlines