Comcast (Comcast) Change In Receivables : $-716 Mil (TTM As of Mar. 2024)

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What is Comcast Change In Receivables?

Comcast's change in receivables for the quarter that ended in Mar. 2024 was $643 Mil. It means Comcast's Accounts Receivable declined by $643 Mil from Dec. 2023 to Mar. 2024 .

Comcast's change in receivables for the fiscal year that ended in Dec. 2023 was $-996 Mil. It means Comcast's Accounts Receivable increased by $996 Mil from Dec. 2022 to Dec. 2023 .

Comcast's Accounts Receivable for the quarter that ended in Mar. 2024 was $13,144 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. Comcast's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.90.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Comcast's liquidation value for the three months ended in Mar. 2024 was $-163,936 Mil.

Comcast Change In Receivables Historical Data

The historical data trend for Comcast'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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Comcast Change In Receivables Chart

Comcast Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-57.00

-20.00

-1,335.00

-1,327.00

-996.00

Comcast Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															363.00	-455.00	66.00	-970.00	643.00

Comcast 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-716 Mil.

Comcast (NAS:CMCSK) 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.

Comcast's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13144	/	30058	*	91
=	39.90

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

Comcast's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6515	-	180309	+	0.75 * 13144	+	0.5 * 0
=	-163,936

Comcast Change In Receivables Related Terms

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Comcast (Comcast) Business Description

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Address

One Comcast Center, Philadelphia, PA, USA, 19103-2838

Website

https://www.comcastcorporation.com

Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.