Globe Telecom (PHS:GLO) Change In Receivables : ₱-2,058 Mil (TTM As of Mar. 2024)

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What is Globe Telecom Change In Receivables?

Globe Telecom's change in receivables for the quarter that ended in Mar. 2024 was ₱-33 Mil. It means Globe Telecom's Accounts Receivable increased by ₱33 Mil from Dec. 2023 to Mar. 2024 .

Globe Telecom's change in receivables for the fiscal year that ended in Dec. 2023 was ₱-2,316 Mil. It means Globe Telecom's Accounts Receivable increased by ₱2,316 Mil from Dec. 2022 to Dec. 2023 .

Globe Telecom's Accounts Receivable for the quarter that ended in Mar. 2024 was ₱17,392 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. Globe Telecom's Days Sales Outstanding for the three months ended in Mar. 2024 was 35.03.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Globe Telecom's liquidation value for the three months ended in Mar. 2024 was ₱-425,855 Mil.

Globe Telecom Change In Receivables Historical Data

The historical data trend for Globe Telecom'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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Globe Telecom Change In Receivables Chart

Globe Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2,266.29

-3,633.89

-2,132.85

-10,758.89

-2,315.98

Globe Telecom 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															-291.20	1,129.17	-2,278.45	-875.50	-33.38

Globe Telecom 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 ₱-2,058 Mil.

Globe Telecom (PHS:GLO) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	17391.927	/	45307.622	*	91
=	35.03

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

Globe Telecom'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)
=	16979.335	-	457219.402	+	0.75 * 17391.927	+	0.5 * 2681.387
=	-425,855

Globe Telecom Change In Receivables Related Terms

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Globe Telecom (PHS:GLO) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (PHS:GLO) » Definitions » Change In Receivables

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GTMEY:USA

Address

32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.globe.com.ph

Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.