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Ameriprise Financial (BSP:A1MP34) Change In Receivables : R$82 Mil (TTM As of Mar. 2024)


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What is Ameriprise Financial Change In Receivables?

Ameriprise Financial's change in receivables for the quarter that ended in Mar. 2024 was R$0 Mil. It means Ameriprise Financial's Accounts Receivable stayed the same from Dec. 2023 to Mar. 2024 .

Ameriprise Financial's change in receivables for the fiscal year that ended in Dec. 2023 was R$1,352 Mil. It means Ameriprise Financial's Accounts Receivable declined by R$1,352 Mil from Dec. 2022 to Dec. 2023 .

Ameriprise Financial's Accounts Receivable for the quarter that ended in Mar. 2024 was R$74,254 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. Ameriprise Financial's Days Sales Outstanding for the three months ended in Mar. 2024 was 328.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ameriprise Financial's liquidation value for the three months ended in Mar. 2024 was R$-519,477 Mil.


Ameriprise Financial Change In Receivables Historical Data

The historical data trend for Ameriprise 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.

* Premium members only.

Ameriprise Financial Change In Receivables Chart

Ameriprise Financial 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 1,329.86 -3,333.77 -3,211.98 204.57 1,352.35

Ameriprise Financial 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 1,333.40 1,082.38 -765.50 -235.19 -

Ameriprise 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$82 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.


Ameriprise Financial  (BSP:A1MP34) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=74253.798/20646.251*91
=328.18

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=296059.07-871225.969+0.75 * 74253.798+0.5 * 0
=-519,477

* 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.


Ameriprise Financial Change In Receivables Related Terms

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Ameriprise Financial (BSP:A1MP34) Business Description

Traded in Other Exchanges
Address
1099 Ameriprise Financial Center, Minneapolis, MN, USA, 55474
Ameriprise Financial has emerged is a major player in the U.S. market for asset and wealth management, with around $1.3 trillion in total assets under management and advisement at the end of the second quarter of 2023. Ameriprise has one of the largest branded advisor networks in the industry, and about 80% of the company's revenue comes from its asset and wealth management segments. Ameriprise has reduced its exposure to insurance with the sale of its auto and home insurance business in 2019 and discontinuing the sale of its proprietary fixed annuities in 2020. Around 90% of the company's pretax earnings are from the United States.

Ameriprise Financial (BSP:A1MP34) Headlines

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