Pzena Investment Management, Inc Accounts Receivables 2011-2026 | PZN

Accounts receivable — is the amount of money owed to a company by other organizations, individuals, or the government. It arises when a company has already delivered goods, performed work, or provided services, but has not yet received payment for them.

Examples of accounts receivable

Customers have not paid invoices for delivered products
An advance has been paid to a supplier, but goods have not yet been received
Employees have not reported on accountable amounts
The government must refund tax overpayments
Outstanding loans issued

Importance of accounts receivable in company analysis

Asset quality
Accounts receivable are part of current assets. But they are not cash — they are promises. Investors assess how realistic these promises are to be collected. The higher the share of overdue or doubtful receivables, the greater the risk of asset impairment.
Impact on cash flow
Even if a company shows a profit, the money can be "tied up" in receivables. This means profit does not turn into actual cash, and the company may face liquidity shortages.
Assessment of management efficiency
The following accounts receivable turnover ratios are commonly used:
Receivables turnover = Revenue / Average accounts receivable
(the higher — the better)

Days Sales Outstanding (DSO) = 365 / Turnover
(the fewer days — the faster customers pay)

If the DSO is constantly increasing — this is a red flag — customers are delaying payments, and money gets stuck in settlements.

Annual Accounts Receivables Pzena Investment Management, Inc

2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
-	-	-	32.6 M	32.5 M	26.3 M	22.2 M	22.9 M	23.9 M	14.6 M	14.7 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
32.6 M	14.6 M	23.7 M

Quarterly Accounts Receivables Pzena Investment Management, Inc

2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
-	-	-	-	-	-	-	-	-	-	-	-	-	-	32.7 M	32.9 M	32.6 M	34.4 M	33.7 M	32.6 M	32.5 M	32.5 M	32.5 M	32.5 M	26.3 M	26.3 M	26.3 M	26.3 M	22.2 M	22.2 M	22.2 M	22.2 M	22.9 M	22.9 M	22.9 M	22.9 M	23.9 M	23.9 M	23.9 M	23.9 M	14.6 M	14.6 M	14.6 M	14.6 M	14.7 M	14.7 M	14.7 M	14.7 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
34.4 M	14.6 M	24.4 M

Accounts Receivables of other stocks in the Diversified financials industry

Issuer	Accounts Receivables	Price	% 24h	Market Cap	Country
AssetMark Financial Holdings AMK	21.3 M	-	-	$ 2.61 B	USA
Atlas Corp. ATCO	75.9 M	-	-0.1 %	$ 4.45 B	China
Altisource Asset Management Corporation AAMC	46 M	-	-1.53 %	$ 3.77 M	USA
Blucora BCOR	24.1 M	-	-0.29 %	$ 1.31 B	USA
Jupai Holdings Limited JP	6.54 K	-	0.98 %	$ 12.7 M	-
Ashford AINC	26.9 M	-	0.2 %	$ 15.3 M	USA
Silvercrest Asset Management Group SAMG	11.8 M	$ 13.33	0.11 %	$ 107 M	USA
StepStone Group STEP	80.9 M	$ 45.46	-2.97 %	$ 3.23 B	USA
State Street Corporation STT	621 M	$ 124.88	-0.62 %	$ 35.5 B	USA
SWK Holdings Corporation SWKH	3.86 M	$ 16.85	-0.94 %	$ 205 M	USA
T. Rowe Price Group TROW	931 M	$ 90.09	-0.14 %	$ 19.8 B	USA
Victory Capital Holdings VCTR	181 M	$ 67.51	-2.93 %	$ 4.42 B	USA
Affiliated Managers Group AMG	496 M	$ 273.78	-0.93 %	$ 7.8 B	USA