Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sirius XM Holdings's accounts receivables for the quarter that ended in Mar. 2024 was $539 Mil.
Accounts receivable can be measured by Days Sales Outstanding.
Sirius XM Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 22.75.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sirius XM Holdings's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-3.40.
Sirius XM Holdings Accounts Receivable Historical Data
The historical data trend for Sirius XM Holdings'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.
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.
Sirius XM Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Sirius XM Holdings's accounts receivable are only considered to be worth 75% of book value:
Sirius XM Holdings's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:
* 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.
Sirius XM Holdings Accounts Receivable Related Terms
Thank you for viewing the detailed overview of Sirius XM Holdings's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Sirius XM Holdings (Sirius XM Holdings) Business Description
Sirius XM Holdings is composed of two businesses: SiriusXM and Pandora. SiriusXM transmits music, talk shows, sports, and news via its two satellite radio networks, primarily to consumers in vehicles who pay a subscription fee. The firm's radios come preinstalled on a wide range of light vehicles in the U.S. and Canada. The firm acquired Pandora Media in February 2019 via an all-stock transaction. Pandora is a streaming music platform that offers an ad-supported radio option and a paid on-demand service as well as a robust and growing podcast library. Liberty Media owns 81% of Sirius XM, traded through its Liberty Sirius XM Group tracking stock.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SIRI has been successfully added to your 