Fox Accounts Receivable

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 Jun. 2022 is calculated as:

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 Jun. 2022 is calculated as:

* 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

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Fox Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Fox Corp (NAS:FOX) » Definitions » Accounts Receivable

Comparable Companies

NAS:PARA NYSE:LYV NAS:WMG NAS:FWONA NAS:ROKU NAS:SIRI NAS:NWSA NAS:NXST NYSE:EDR NYSE:AMC NYSE:DIS NAS:NFLX NAS:WBD XAMS:UMG XPAR:BOL XPAR:VIV HAM:KD8 XKRX:352820 MEX:MEGACPO TSE:9602

Traded in Other Exchanges

FOXA:USA FOX1:Mexico FO5:Germany FOXC34:Brazil

Address

1211 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.foxcorporation.com

Fox represents the assets not sold to Disney by the predecessor firm, Twenty First Century Fox. 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, and the Fox Studios lot. 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

Hernandez Roland A	director	300 NORTH SAN RAFAEL AVE PASADENA CA 91105
Murdoch Lachlan K	director, officer: Executive Chairman, CEO	C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Murdoch Keith Rupert	director, officer: Chairman	C/O FOX CORPORATION 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Nallen John	officer: Chief Operating Officer	C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Nasser Jacques A	director
Carey Chase	director	C/O NEWS AMERICA INCORPORATED 1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Dinh Viet D	officer: Chief Legal and Policy Officer	GEORGETOWN UNIVERSITY LAW CENTER 600 NEW JERSEY AVENUE NW WASHINGTON DC 20001
Tomsic Steven	officer: Chief Financial Officer	1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Ryan Paul D	director	1211 AVENUE OF THE AMERICAS NEW YORK NY 10036
Dias Anne	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
Twenty-first Century Fox, Inc.	10 percent owner	1211 AVENUE OF THE AMERICAS NEW YORK NY 10036