Television Broadcasts (Television Broadcasts) Days Sales Outstanding : 82.82 (As of Dec. 2023)

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What is Television Broadcasts Days Sales Outstanding?

Television Broadcasts's average Accounts Receivable for the six months ended in Dec. 2023 was $102.4 Mil. Television Broadcasts's Revenue for the six months ended in Dec. 2023 was $225.7 Mil. Hence, Television Broadcasts's Days Sales Outstanding for the six months ended in Dec. 2023 was 82.82.

The historical rank and industry rank for Television Broadcasts's Days Sales Outstanding or its related term are showing as below:

TVBCY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.41 Med: 119.19 Max: 153.05
Current: 89.41

During the past 13 years, Television Broadcasts's highest Days Sales Outstanding was 153.05. The lowest was 89.41. And the median was 119.19.

TVBCY's Days Sales Outstanding is ranked worse than
65.79% of 1023 companies
in the Media - Diversified industry
Industry Median: 69.42 vs TVBCY: 89.41

Television Broadcasts's Days Sales Outstanding declined from Dec. 2022 (101.02) to Dec. 2023 (82.82).

Television Broadcasts Days Sales Outstanding Historical Data

The historical data trend for Television Broadcasts'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.

* Premium members only.

Television Broadcasts Days Sales Outstanding Chart

Television Broadcasts Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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144.94

152.51

132.47

93.65

93.94

Television Broadcasts Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															108.51	106.87	101.02	92.37	82.82

Competitive Comparison of Television Broadcasts's Days Sales Outstanding

For the Broadcasting subindustry, Television Broadcasts'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.

Television Broadcasts's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Television Broadcasts's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Television Broadcasts's Days Sales Outstanding falls into.

Television Broadcasts 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Television Broadcasts's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (107.901	+	111.091)	/	2 )	/	425.463	*	365
=	109.496					/	425.463	*	365
=	93.94

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

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (93.738	+	111.091)	/	2 )	/	225.679	*	365 / 2
=	102.4145					/	225.679	*	365 / 2
=	82.82

Television Broadcasts (OTCPK:TVBCY) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Television Broadcasts Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Television Broadcasts's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Television Broadcasts (Television Broadcasts) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Television Broadcasts Ltd (OTCPK:TVBCY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TVBCF:USA 00511:Hong Kong TBCN:Germany

Address

TVB City, 77 Chun Choi Street, Tseung Kwan O Industrial Estate, Kowloon, Hong Kong, HKG

Website

https://www.tvb.com

Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with programme production and other television-related activities. Its operating segments include Hong Kong TV broadcasting; OTT Streaming; e-Commerce business; Mainland China operations and International operations. The company derives a majority of revenue from the Hong Kong TV broadcasting segment involving the broadcasting of television programmes, commercials on terrestrial TV platforms, production of programmes, online social media platform, music entertainment, event and digital marketing. The group derives revenue from Hong Kong and other countries, of which prime revenue is derived from Hong Kong.

Television Broadcasts (Television Broadcasts) Headlines

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