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Shaw Communications (Shaw Communications) Accounts Receivable : $256 Mil (As of Nov. 2022)


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What is Shaw Communications Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Shaw Communications's accounts receivables for the quarter that ended in Nov. 2022 was $256 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Shaw Communications's Days Sales Outstanding for the quarter that ended in Nov. 2022 was 22.91.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Shaw Communications's Net-Net Working Capital per share for the quarter that ended in Nov. 2022 was $-12.98.


Shaw Communications Accounts Receivable Historical Data

The historical data trend for Shaw Communications'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.

Shaw Communications Accounts Receivable Chart

Shaw Communications Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 233.86 278.76 246.43 287.32 280.25

Shaw Communications Quarterly Data
Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22
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 249.07 284.01 261.30 280.25 255.63

Shaw Communications Accounts Receivable Calculation

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


Shaw Communications 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.

Shaw Communications's Days Sales Outstanding for the quarter that ended in Nov. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=255.629/1018.058*91
=22.91

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

Shaw Communications's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2022 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)
=(213.272+0.75 * 255.629+0.5 * 67.623-6927.25
-0-0)/499.691
=-12.98

* 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.


Shaw Communications Accounts Receivable Related Terms

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Shaw Communications (Shaw Communications) Business Description

Traded in Other Exchanges
N/A
Address
630 - 3rd Avenue S.W., Suite 900, Finance Department, Calgary, AB, CAN, T2P 4L4
Shaw Communications is a Canadian cable company that is one of the biggest providers of internet, television, and landline telephone services in British Columbia, Alberta, Saskatchewan, Manitoba, and northern Ontario. In fiscal 2021, more than 75% of Shaw's total revenue resulted from this wireline business. Shaw now also offers wireless service over most of Canada's population footprint after acquiring Wind Mobile in 2016. As a smaller carrier, Shaw has favored bidding status in spectrum auctions, giving it a further boost in enhancing its wireless network. At the 2019 auction, Shaw added significant amounts of 600 MHz spectrum to the 700 MHz spectrum it is currently deploying.

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