Cincinnati Bell (Cincinnati Bell) Change In Receivables : $-8 Mil (TTM As of Jun. 2021)

View and export this data going back to 1969. Start your Free Trial

What is Cincinnati Bell Change In Receivables?

Cincinnati Bell's change in receivables for the quarter that ended in Jun. 2021 was $14 Mil. It means Cincinnati Bell's Accounts Receivable declined by $14 Mil from Mar. 2021 to Jun. 2021 .

Cincinnati Bell's change in receivables for the fiscal year that ended in Dec. 2020 was $-75 Mil. It means Cincinnati Bell's Accounts Receivable increased by $75 Mil from Dec. 2019 to Dec. 2020 .

Cincinnati Bell's Accounts Receivable for the quarter that ended in Jun. 2021 was $296 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. Cincinnati Bell's Days Sales Outstanding for the three months ended in Jun. 2021 was 65.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cincinnati Bell's liquidation value for the three months ended in Jun. 2021 was $-2,532 Mil.

Cincinnati Bell Change In Receivables Historical Data

The historical data trend for Cincinnati Bell'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.

Cincinnati Bell Change In Receivables Chart

Cincinnati Bell Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Receivables

Get a 7-Day Free Trial

-18.30

21.30

-83.10

27.60

-74.90

Cincinnati Bell Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Change In Receivables	Get a 7-Day Free Trial															-21.10	6.90	-89.70	61.50	13.70

Cincinnati Bell 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 Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-8 Mil.

Cincinnati Bell (NYSE:CBB) 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.

Cincinnati Bell's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	296.3	/	414.2	*	91
=	65.28

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

Cincinnati Bell's liquidation value for the quarter that ended in Jun. 2021 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3.5	-	2783.6	+	0.75 * 296.3	+	0.5 * 51.3
=	-2,532

Cincinnati Bell Change In Receivables Related Terms

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

Cincinnati Bell (Cincinnati Bell) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cincinnati Bell Inc (NYSE:CBB) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

221 East Fourth Street, Cincinnati, OH, USA, 45202

Website

https://www.cincinnatibell.com

Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segments. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada, and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.

Executives

Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Yudkovitz	director	P O BOX 2301, CINCINNATI OH 45201
Craig F Maier	director	P O BOX 2301, CINCINNATI OH 45202
Meredith J Ching	director	822 BISHOP ST., HONOLULU HI 96813
Dods Walter A Jr	director	822 BISHOP ST., HONOLULU HI 96813
Theodore H. Torbeck	director, Director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Lynn A Wentworth	director	CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Russel Paul Mayer	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Leigh R. Fox	officer: Chief Executive Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Joshua T. Duckworth	officer: Vice President & Treasurer	P O BOX 2301, CINCINNATI OH 45201
Christopher J Wilson	officer: VP, General Counsel	P O BOX 2301, CINCINNATI OH 45201
Thomas E Simpson	officer: Chief Operating Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Andrew R. Kaiser	officer: Chief Financial Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Christi H Cornette	officer: Chief Culture Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
John W. Eck	director	221 EAST FOURTH STREET, CINCINNATI OH 45202