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Fox (FOXA) Accounts Receivable : $3,001 Mil (As of Dec. 2023)


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What is Fox Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Fox's accounts receivables for the quarter that ended in Dec. 2023 was $3,001 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Fox's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 64.68.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Fox's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-11.97.


Fox Accounts Receivable Historical Data

The historical data trend for Fox's Accounts Receivable 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.

Fox Accounts Receivable Chart

Fox Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial 1,967.00 1,888.00 2,029.00 2,128.00 2,177.00

Fox Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Accounts Receivable 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 3,004.00 2,741.00 2,177.00 2,420.00 3,001.00

Fox Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Fox Accounts Receivable 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 receivables are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=3001/4234*91
=64.68

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Fox's accounts receivable are only considered to be worth 75% of book value:

Fox's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4122+0.75 * 3001+0.5 * 1038-12278
-0-316)/476.41
=-11.97

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Fox Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Fox's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Fox (FOXA) Business Description

Traded in Other Exchanges
Address
1211 Avenue of the Americas, New York, NY, USA, 10036
Fox represents the assets not sold to Disney by predecessor firm, Twenty First Century Fox, in 2019. The remaining assets include Fox News, the FOX broadcast network, FS1 and FS2, Fox Business, Big Ten Network, 28 owned and operated local television stations of which 17 are affiliated with the Fox Network, Tubi, and the Fox Studios lot. Since the Disney sale, Fox has acquired other related and unrelated assets including Credible Labs, a consumer fintech firm. The Murdoch family continues to control the successor firm, which represents a large-scale bet on the value of live sports and news in the U.S. market.
Executives
William A Burck director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Cruden Financial Services Llc 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
Murdoch Family Trust 10 percent owner C/O MCDONALD CARANO WILSON LLP, 100 LIBERTY STREET, RENO NV 89501
Roland A Hernandez director 300 NORTH SAN RAFAEL AVE, PASADENA CA 91105
Chase Carey director C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Paul D Ryan director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Anne Dias director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Lachlan K Murdoch director, officer: See Remarks C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Keith Rupert Murdoch director, officer: Co-Chairman C/O FOX CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John Nallen officer: Chief Operating Officer C/O NEWS AMERICA INCORPORATED, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Twenty-first Century Fox, Inc. 10 percent owner 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Jacques A Nasser director
Viet D Dinh officer: Chief Legal and Policy Officer GEORGETOWN UNIVERSITY LAW CENTER, 600 NEW JERSEY AVENUE NW, WASHINGTON DC 20001
Steven Tomsic officer: Chief Financial Officer 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036

Fox (FOXA) Headlines

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