Melco Resorts and Entertainment (Melco Resorts and Entertainment) Change In Receivables

: $0 Mil (TTM As of Dec. 2023)

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Melco Resorts and Entertainment's change in receivables for the quarter that ended in Dec. 2023 was $0 Mil. It means Melco Resorts and Entertainment's Accounts Receivable stayed the same from Sep. 2023 to Dec. 2023 .

Melco Resorts and Entertainment's change in receivables for the fiscal year that ended in Dec. 2023 was $-32 Mil. It means Melco Resorts and Entertainment's Accounts Receivable increased by $32 Mil from Dec. 2022 to Dec. 2023 .

Melco Resorts and Entertainment's Accounts Receivable for the quarter that ended in Dec. 2023 was $92 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. Melco Resorts and Entertainment's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.65.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Melco Resorts and Entertainment's liquidation value for the three months ended in Dec. 2023 was $-7,781 Mil.

Melco Resorts and Entertainment Change In Receivables Historical Data

The historical data trend for Melco Resorts and Entertainment'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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Melco Resorts and Entertainment Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-77.63

27.50

67.57

-0.40

-31.53

Melco Resorts and Entertainment Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Melco Resorts and Entertainment 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

Melco Resorts and Entertainment (NAS:MLCO) 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.

Melco Resorts and Entertainment's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	91.638	/	1093.613	*	91
=	7.65

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

Melco Resorts and Entertainment's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1310.715	-	9175.122	+	0.75 * 91.638	+	0.5 * 29.427
=	-7,781

Melco Resorts and Entertainment Change In Receivables Related Terms

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Melco Resorts and Entertainment (Melco Resorts and Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melco Resorts and Entertainment Ltd (NAS:MLCO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

0A2P:UK M1LC34:Brazil

Address

60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG

Website

https://www.melco-resorts.com

Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on VIP customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao with the rest largely from the Philippines as of 2019.