Cumulus Media's average Accounts Receivable for the
three
months ended in Dec. 2023 was $179.1 Mil. Cumulus Media's Revenue for the
three
months ended in Dec. 2023 was $221.3 Mil.
Hence, Cumulus Media's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 73.86.
The historical rank and industry rank for Cumulus Media's Days Sales Outstanding or its related term are showing as below:
CMLS'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.11 Med: 78.69 Max: 100.31
Current: 78.54
During the past 13 years, Cumulus Media's highest Days Sales Outstanding was 100.31. The lowest was 75.11. And the median was 78.69.
CMLS's Days Sales Outstanding is ranked worse than 58.65% of 1023
companies
in the Media - Diversified industry
Industry Median: 69.42
vs CMLS: 78.54
Cumulus Media's Days Sales Outstanding
declined
from Dec. 2022 (75.02) to Dec. 2023 (73.86).
Cumulus Media Days Sales Outstanding Historical Data
The historical data trend for Cumulus Media's Days Sales Outstanding 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.
Competitive Comparison of Cumulus Media's Days Sales Outstanding
For the Broadcasting subindustry, Cumulus Media's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cumulus Media's Days Sales Outstanding Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Cumulus Media's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Cumulus Media's Days Sales Outstanding falls into.
Cumulus Media Days Sales Outstanding Calculation
Days Sales Outstanding measures 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.
* 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.
Cumulus Media (NAS:CMLS) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Cumulus Media Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Cumulus Media's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Cumulus Media (Cumulus Media) Business Description
Cumulus Media Inc is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with Westwood One network and numerous digital channels. The company's revenue is derived mainly from the sale of local, regional, and national advertising which is broadcast on its radio stations.
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