Charter Communications (Charter Communications) Accounts Receivable

: $2,965 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Charter Communications's accounts receivables for the quarter that ended in Dec. 2023 was $2,965 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Charter Communications's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 19.73.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Charter Communications's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-917.02.

Charter Communications Accounts Receivable Historical Data

The historical data trend for Charter 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.

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Charter Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

2,227.00

2,539.00

2,579.00

2,921.00

2,965.00

Charter Communications Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																2,921.00	2,851.00	2,864.00	2,932.00	2,965.00

Charter Communications Accounts Receivable Calculation

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

Charter 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.

Charter Communications's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2965	/	13711	*	91
=	19.73

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

Charter Communications's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(709	+	0.75 * 2965	+	0.5 * 0	-	132475
-	0	-	3632)	/	145.225
=	-917.02

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.

Charter Communications Accounts Receivable Related Terms

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Charter Communications (Charter Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Charter Communications Inc (NAS:CHTR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CHTR:Mexico 1CHTR:Italy CQD:Germany CQD:Germany CHCM34:Brazil CHTR:Austria

Address

400 Washington Boulevard, Stamford, CT, USA, 06902

Website

https://corporate.charter.com

Charter is the product of the 2016 merger of three cable companies, each with a decades-long history in the business: Legacy Charter, Time Warner Cable, and Bright House Networks. The firm now holds networks capable of providing television, internet access, and phone services to roughly 56 million U.S. homes and businesses, around 40% of the country. Across this footprint, Charter serves 30 million residential and 2 million commercial customer accounts under the Spectrum brand, making it the second-largest U.S. cable company behind Comcast. The firm also owns, in whole or in part, sports and news networks, including Spectrum SportsNet (long-term local rights to Los Angeles Lakers games), SportsNet LA (Los Angeles Dodgers), SportsNet New York (New York Mets), and Spectrum News NY1.

Executives

Thomas Rutledge	director, officer: President and CEO	400 WASHINGTON BLVD., STAMFORD CT 06902
Jamal H Haughton	officer: EVP/Gen Counsel/Corp Secretary	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gregory B Maffei	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Craig A Jacobson	director	C/O EXPEDIA, INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Richard Adam Ray	officer: EVP, Chief Commercial Officer	400 WASHINGTON BLVD, STAMFORD CT 06902
Steven A Miron	director	DISCOVERY COMMUNICATIONS, INC., 1 DISCOVERY PLACE, SILVER SPRING MD 20910
Eric Louis Zinterhofer	director	C/O SEARCHLIGHT CAPITAL PARTNERS GP, LP, 745 FIFTH AVENUE, 27TH FLOOR, NEW YORK NY 10151
Jonathan Hargis	officer: EVP/Chief Marketing Officer	400 WASHINGTON BLVD., STAMFORD CT 06902
Jessica M Fischer	officer: Chief Financial Officer	400 WASHINGTON BLVD., STAMFORD CT 06902
John Bickham	officer: EVP/Chief Operating Officer	12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
Richard R Dykhouse	officer: SVP/Gen Counsel/Corp Secretary	12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
David C Merritt	director	CHARTER COMMUNICATIONS INC, 12405 POWERSCOURT DRIVE, ST LOUIS MO 63131
David Ellen	officer: Senior Executive VicePresident	1111 STEWART AVENUE, BETHPAGE NY 11714
Balan Nair	director	901 EXPLORER BOULEVARD, HUNTSVILLE AL 35806
Christopher L Winfrey	officer: EVP/Chief Financial Officer	CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131