Cineworld Group (Cineworld Group) Change In Receivables : $-32 Mil (TTM As of Jun. 2022)

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What is Cineworld Group Change In Receivables?

Cineworld Group's change in receivables for the quarter that ended in Jun. 2022 was $30 Mil. It means Cineworld Group's Accounts Receivable declined by $30 Mil from Dec. 2021 to Jun. 2022 .

Cineworld Group's change in receivables for the fiscal year that ended in Dec. 2021 was $-88 Mil. It means Cineworld Group's Accounts Receivable increased by $88 Mil from Dec. 2020 to Dec. 2021 .

Cineworld Group's Accounts Receivable for the quarter that ended in Jun. 2022 was $102 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. Cineworld Group's Days Sales Outstanding for the six months ended in Jun. 2022 was 12.23.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cineworld Group's liquidation value for the six months ended in Jun. 2022 was $-10,129 Mil.

Cineworld Group Change In Receivables Historical Data

The historical data trend for Cineworld Group'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.

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Cineworld Group Change In Receivables Chart

Cineworld Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Change In Receivables

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-14.60

-53.20

37.90

214.40

-87.60

Cineworld Group Semi-Annual Data
	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22
Change In Receivables	Get a 7-Day Free Trial															205.60	8.80	-25.80	-61.80	29.90

Cineworld Group 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. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-32 Mil.

Cineworld Group (OTCPK:CNWGQ) 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.

Cineworld Group's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	101.5	/	1515.1	*	91
=	12.23

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

Cineworld Group's liquidation value for the quarter that ended in Jun. 2022 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	130.6	-	10348.2	+	0.75 * 101.5	+	0.5 * 25.6
=	-10,129

Cineworld Group Change In Receivables Related Terms

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Cineworld Group (Cineworld Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cineworld Group PLC (OTCPK:CNWGQ) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

Great West Road, 8th Floor, Vantage London, Brentford, GBR, TW8 9AG

Website

https://www.cineworldplc.com

Cineworld Group PLC is a diversified media company, which operates chains of movie theaters. Its business segments are the U.S., U.K., & Ireland and the rest of the world (ROW). Within each segment, it operates theaters through different brands. In the U.S., Cineworld owns cinema brands Regal, United Artists, and Edwards theaters. They operate out of Cineworld and Picturehouse in the U.K. and Ireland. Cineworld also owns Cinema City in Central and Eastern Europe and Yes Planet and Rav-Chen in Israel for its ROW segment. The company generates revenue through ticket sales and food, beverage, and merchandise sales. It also earns additional revenue through retail and screen advertising and property market and development. The company generates most of its revenue in the U.S.