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BrightSphere Investment Group (BrightSphere Investment Group) Accounts Receivable : $119.0 Mil (As of Mar. 2024)


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What is BrightSphere Investment Group Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. BrightSphere Investment Group's accounts receivables for the quarter that ended in Mar. 2024 was $119.0 Mil.

Accounts receivable can be measured by Days Sales Outstanding. BrightSphere Investment Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 102.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. BrightSphere Investment Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-9.88.


BrightSphere Investment Group Accounts Receivable Historical Data

The historical data trend for BrightSphere Investment Group'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.

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BrightSphere Investment Group Accounts Receivable Chart

BrightSphere Investment Group 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 151.90 100.60 167.10 122.50 143.40

BrightSphere Investment Group 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 99.90 89.80 103.80 143.40 119.00

BrightSphere Investment Group Accounts Receivable Calculation

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


BrightSphere Investment Group 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.

BrightSphere Investment Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=119/105.7*91
=102.73

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

BrightSphere Investment Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(102.2+0.75 * 119+0.5 * 0-555.1
-0-11.5)/37.9653
=-9.88

* 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.


BrightSphere Investment Group Accounts Receivable Related Terms

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BrightSphere Investment Group (BrightSphere Investment Group) Business Description

Traded in Other Exchanges
Address
200 State Street, 13th Floor, Boston, MA, USA, 02109
BrightSphere Investment Group Inc is a diversified, multi-boutique asset management company. The company's diverse affiliates offer alpha-generating investment products to investors around the world. Its reportable segment includes Quant and Solutions, which comprises of versatile, tailored strategies that leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including non-U.S. and small-cap equities, as well as managed volatility, ESG, multi-asset, equity alternatives, and long/short strategies.. Its affiliates offer products in the U.S, international and emerging markets equities; U.S. fixed income; and alternative investments, including timber and secondary Funds.
Executives
Richard Jonathan Hart officer: Chief Legal Officer 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Christina Wiater officer: Principal Accounting Officer 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Suren Rana director, officer: President and CEO 245 PARK AVENUE, 40TH FLOOR, NEW YORK NY 10167
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
John Paulson director, 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
Daniel K. Mahoney officer: Head of Finance/PAO C/O OLD MUTUAL ASSET MANAGEMENT, 200 CLARENDON STREET, BOSTON MA 02116
Guang Yang director, officer: President and CEO 850 THIRD AVENUE, 16TH FLOOR, NEW YORK NY 10022
Robert J Chersi director C/O OMAM INC, 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Maliz E Beams director C/O PORT FINANCIAL CORP, 1380 SOLDIERS FIELD RD, BRIGHTON MA 02135
Barbara Trebbi director C/O OMAM INC., 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Reginald Love director C/O BRIGHTSPHERE INC., 200 CLARENDON STREET, BOSTON MA 02116
Andrew D Kim director 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036