GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Twenty-First Century Fox Inc (FRA:NXW2) » Definitions » Accounts Receivable

Twenty-First Century Fox (FRA:NXW2) Accounts Receivable : €7,105 Mil (As of Dec. 2018)


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

What is Twenty-First Century Fox Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Twenty-First Century Fox's accounts receivables for the quarter that ended in Dec. 2018 was €7,105 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Twenty-First Century Fox's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 86.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Twenty-First Century Fox's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was €-1.80.


Twenty-First Century Fox Accounts Receivable Historical Data

The historical data trend for Twenty-First Century Fox'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.

* Premium members only.

Twenty-First Century Fox Accounts Receivable Chart

Twenty-First Century Fox Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,760.45 5,267.59 5,569.62 5,764.53 6,094.72

Twenty-First Century Fox Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 6,383.13 5,599.96 6,094.72 6,278.38 7,104.96

Twenty-First Century Fox Accounts Receivable Calculation

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


Twenty-First Century Fox 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.

Twenty-First Century Fox's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=7104.957/7470.621*91
=86.78

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

Twenty-First Century Fox's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(18705.999+0.75 * 7104.957+0.5 * 3457.986-28700.229
-0-1081.17)/2236.97
=-1.80

* 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.


Twenty-First Century Fox Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Twenty-First Century Fox's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Twenty-First Century Fox (FRA:NXW2) Business Description

Traded in Other Exchanges
N/A
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
21st Century Fox is a media conglomerate with a wide range of assets: a film studio, which creates television programs and movies; broadcast television, including the Fox broadcast network and local TV stations in the U.S.; cable networks, which comprise over 300 channels around the world; and direct-broadcast satellite TV in the form of Sky, a satellite pay-tv provider in Europe.

Twenty-First Century Fox (FRA:NXW2) Headlines

No Headlines