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Meredith (Meredith) Change In Receivables : $0 Mil (TTM As of Sep. 2021)


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What is Meredith Change In Receivables?

Meredith's change in receivables for the quarter that ended in Sep. 2021 was $0 Mil. It means Meredith's Accounts Receivable stayed the same from Jun. 2021 to Sep. 2021 .

Meredith's change in receivables for the fiscal year that ended in Jun. 2021 was $-25 Mil. It means Meredith's Accounts Receivable increased by $25 Mil from Jun. 2020 to Jun. 2021 .

Meredith's Accounts Receivable for the quarter that ended in Sep. 2021 was $501 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. Meredith's Days Sales Outstanding for the three months ended in Sep. 2021 was 64.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Meredith's liquidation value for the three months ended in Sep. 2021 was $-4,163 Mil.


Meredith Change In Receivables Historical Data

The historical data trend for Meredith'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.

Meredith Change In Receivables Chart

Meredith Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.20 9.50 -69.30 161.60 -25.10

Meredith Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Change In Receivables 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 - - - - -

Meredith 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 Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

* 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.


Meredith  (NYSE:MDP) 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.

Meredith's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=501.3/708.6*91
=64.55

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

Meredith's liquidation value for the quarter that ended in Sep. 2021 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=269-4822.8+0.75 * 501.3+0.5 * 29.7
=-4,163

* 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.


Meredith Change In Receivables Related Terms

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Meredith (Meredith) Business Description

Traded in Other Exchanges
N/A
Address
1716 Locust Street, Des Moines, IA, USA, 50309-3023
Meredith Corp is an American media company that focuses on publications and marketing services around the home, family, food, and lifestyle markets. The company operates two divisions: national media and local media. The national media segment publishes magazines such as Every Day with Rachael Ray, Better Homes and Gardens, Family Fun, and Parents; this segment is the source of the majority of Meredith's revenue. The local media segment owns over 15 television stations around the United States. In 2014, the company announced a 10-year licensing agreement with Martha Stewart Omnimedia to acquire the rights to Martha Stewart Living, Martha Stewart Weddings, and marthastewart.com.
Executives
John S Zieser officer: Chief Development Officer 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Steven M Cappaert officer: Corporate Controller
Thomas H Harty director, officer: President and CEO MEREDITH CORPORATION 1716 LOCUST ST., MAIL STOP LS101-A DES MOINES IA 50309
Patrick Mccreery officer: President-Local Media Group C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Jason M. Frierott officer: Chief Financial Officer C/O TRANSPORTATION SYSTEMS HOLDINGS INC. 901 MAIN AVENUE NORWALK CT 06851
Gregory Coleman director C/O MEREDITH CORP., 1716 LOCUST STREET, DES MOINES IA 50309
Donald C Berg director PO BOX 1080, LOUISVILLE KY 40201
Stephen M Lacy director 1716 LOCUST STREET, LS 101-A; ATTN TERESA T. RINKER, DES MOINES IA 50309-3023
Beth J Kaplan director 1716 LOCUST STREET, DES MOINES IA 50309
Joseph H Ceryanec officer: Chief Financial Officer PO BOX 3177 CEDAR RAPIDS IA 52406-3177
Meredith Edwin T Iv 10 percent owner
Elizabeth E Tallett director 6705 ROCKLEDGE DR, SUITE 900, BETHESDA MD 20817
Iii Chris Roberts director 1716 LOCUST ST. LS-175, 7TH FLOOR, DES MOINES IA 50309
Paula Kerger director C/O MEREDITH CORP 1716 LOCUST STREET DES MOINES IA 50309
Donald A Baer director 1716 LOCUST STREET DES MOINES IA 50309