GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FBR & Co (NAS:FBRC) » Definitions » Change In Receivables

FBR (FBRC) Change In Receivables : $-1.8 Mil (TTM As of Mar. 2017)


View and export this data going back to 2007. Start your Free Trial

What is FBR Change In Receivables?

FBR's change in receivables for the quarter that ended in Mar. 2017 was $-7.4 Mil. It means FBR's Accounts Receivable increased by $7.4 Mil from Dec. 2016 to Mar. 2017 .

FBR's change in receivables for the fiscal year that ended in Dec. 2016 was $-1.0 Mil. It means FBR's Accounts Receivable increased by $1.0 Mil from Dec. 2015 to Dec. 2016 .

FBR's Accounts Receivable for the quarter that ended in Mar. 2017 was $5.4 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. FBR's Days Sales Outstanding for the three months ended in Mar. 2017 was 15.08.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. FBR's liquidation value for the three months ended in Mar. 2017 was $-857.0 Mil.


FBR Change In Receivables Historical Data

The historical data trend for FBR'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.

FBR Change In Receivables Chart

FBR Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.91 -1.67 -9.12 8.62 -1.01

FBR Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 -6.56 -279.58 147.93 137.20 -7.40

FBR 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. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.8 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.


FBR  (NAS:FBRC) 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.

FBR's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=5.377/32.545*91
=15.08

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

FBR's liquidation value for the quarter that ended in Mar. 2017 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=75.771-936.806+0.75 * 5.377+0.5 * 0
=-857.0

* 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.


FBR Change In Receivables Related Terms

Thank you for viewing the detailed overview of FBR's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


FBR (FBRC) Business Description

Traded in Other Exchanges
N/A
Address
FBR & Co is a full-service investment banking, institutional brokerage and asset management firm with a customer-focused and new approach to meeting its clients' needs. In addition, it makes main investments, including merchant banking investments, with its own capital. The Company has focused its business on providing: capital raising services, including underwriting and placement of public and private equity and debt; financial advisory services, including merger and acquisition advisory, restructuring, recapitalization and strategic alternative analysis; institutional sales and trading services; research coverage; asset management services through a group of proprietary mutual funds, hedge funds and funds of funds; private wealth management services to high net worth individuals, families, foundations, pension funds, endowments and other private entities; and proprietary investment returns to its shareholders through merchant banking and other direct investments that it makes utilizing its own capital. The Company focuses its capital markets business in seven industry sectors: consumer, diversified industrials, energy and natural resources, financial institutions, insurance, real estate, and technology, media and telecommunications. Its business comprises of two segments: capital markets, which includes investment banking, institutional brokerage and research; and principal investing.
Executives
Reena Aggarwal director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Robert J Kiernan officer: Chief Accounting Officer 7373 WISCONSIN AVENUE, SUITE 800, BETHESDA MD 20814
Richard J Hendrix director, officer: President and CEO 1300 NORTH 17TH STREET, ARLINGTON VA 22209
Mark Robert Patterson director 602 UNION STREET, SUITE 2000, SEATTLE WA 98101
Arthur J Reimers director 1300 NORTH 17TH STREET, ARLINGTON VA 22209
William Frederick Strome director 127 INDUSTRY BOULEVARD NORTH HUNTINGDON PA 15642
James C Neuhauser officer: Ex VP 100 NORTH 17TH STREET, ARLINGTON VA 22209
Crestview Offshore Holdings (cayman), L.p. director, 10 percent owner 667 MADISON AVE 1OTH FL, NEW YORK NY 10021
Adam J Klein director C/O CRESTVIEW ADVISORS, 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Crestview Partners, L.p. director, 10 percent owner 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10021
Crestview Partners Gp, L.p. director, 10 percent owner 667 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10065
Crestview Partners (pf), L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS LP, 667 MADISON AVENUE 10TH FLR, NEW YORK NY 10021
Crestview Holdings (te), L.p. director, 10 percent owner C/O CRESTVIEW PARTNERS GP LP, 667 MADISON AVENUE 10TH FLOOR, NEW YORK NY 10021
Crestview Partners (erisa), L.p. director, 10 percent owner 667 MADISON AVE 10TH FL, NEW YORK NY 10021
Michael Ralph S Iii director

FBR (FBRC) Headlines

From GuruFocus

CEO of Financial Firm Buys Company Shares

By Jennifer Chiou Jennifer Chiou 02-22-2016