GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sprint Corp (NYSE:S) » Definitions » Change In Receivables

Sprint (Sprint) Change In Receivables : $-969 Mil (TTM As of Dec. 2019)


View and export this data going back to 1945. Start your Free Trial

What is Sprint Change In Receivables?

Sprint's change in receivables for the quarter that ended in Dec. 2019 was $-319 Mil. It means Sprint's Accounts Receivable increased by $319 Mil from Sep. 2019 to Dec. 2019 .

Sprint's change in receivables for the fiscal year that ended in Mar. 2019 was $-150 Mil. It means Sprint's Accounts Receivable increased by $150 Mil from Mar. 2018 to Mar. 2019 .

Sprint's Accounts Receivable for the quarter that ended in Dec. 2019 was $4,283 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. Sprint's Days Sales Outstanding for the three months ended in Dec. 2019 was 48.37.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sprint's liquidation value for the three months ended in Dec. 2019 was $-54,135 Mil.


Sprint Change In Receivables Historical Data

The historical data trend for Sprint'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.

Sprint Change In Receivables Chart

Sprint Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Mar15 Mar16 Mar17 Mar18 Mar19
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -644.00 583.00 -1,017.00 83.00 -150.00

Sprint Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -20.00 -215.00 -121.00 -314.00 -319.00

Sprint 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. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-969 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.


Sprint  (NYSE:S) 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.

Sprint's Days Sales Outstanding for the quarter that ended in Dec. 2019 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4283/8080*91
=48.37

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

Sprint's liquidation value for the quarter that ended in Dec. 2019 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3241-61147+0.75 * 4283+0.5 * 1117
=-54,135

* 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.


Sprint Change In Receivables Related Terms

Thank you for viewing the detailed overview of Sprint's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprint (Sprint) Business Description

Traded in Other Exchanges
N/A
Address
6200 Sprint Parkway, Overland Park, KS, USA, 66251
A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.