Paramount Global (Paramount Global) Accounts Receivable

: $7,115 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Paramount Global's accounts receivables for the quarter that ended in Dec. 2023 was $7,115 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Paramount Global's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 85.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Paramount Global's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-34.49.

Paramount Global Accounts Receivable Historical Data

The historical data trend for Paramount Global'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.

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Paramount Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

6,837.00

7,017.00

6,984.00

7,412.00

7,115.00

Paramount Global Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																7,412.00	7,448.00	7,186.00	6,939.00	7,115.00

Paramount Global Accounts Receivable Calculation

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

Paramount Global 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	7115	/	7638	*	91
=	85.00

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

Paramount Global'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)
=	(2460	+	0.75 * 7115	+	0.5 * 1414	-	30493
-	0	-	524)	/	652.703
=	-34.49

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.

Paramount Global Accounts Receivable Related Terms

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Paramount Global (Paramount Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (NAS:PARA) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

PARAP.PFD:USA PARAA:USA PARA:Peru PARA:Mexico 0HQM:UK 0VVB:Germany 0VV:Germany 0VVB:Germany 0VV:Germany 0VVB:Germany C1BS34:Brazil PARA:Austria

Address

1515 Broadway, New York, NY, USA, 10036

Website

https://www.paramount.com

Paramount Global is the rebranded recombination of CBS and Viacom that has created a media conglomerate with global scale. CBS contributed Showtime in addition to its television assets--the CBS television network, 28 local TV stations, and 50% of CW, a joint venture between CBS and WarnerMedia. Viacom brought several leading cable network properties, including Nickelodeon, MTV, BET, Comedy Central, VH1, CMT, and Paramount. Paramount Pictures produces original motion pictures and owns a library of 2,500 films, including the Mission: Impossible and Transformers series. Paramount operates a number of streaming services, most notably Paramount+ and Pluto TV.

Executives

Dawn Ostroff	director	3100 OCEAN PARK BOULEVARD, SANTA MONICA CA 91405
Sumner M. Redstone National Amusements Part B General Trust	director, 10 percent owner	846 UNIVERSITY AVENUE, NORWORD MA 02062
National Amusements Inc /md/	director, 10 percent owner	846 UNIVERSITY AVENUE, NORWOOD MA 02062
Naveen K. Chopra	officer: EVP, Chief Financial Officer	C/O 2160 GOLD STREET, SAN JOSE CA 95002
Linda M Griego	director	SOUTHWEST WATER CO, 624 SO. GRAND, STE 2900, LOS ANGELES CA 90017
Phillips Jr Charles E	director	113 WEST 88TH STREET, NEW YORK NY 10024
Shari Redstone	director, officer: Vice Chair	C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Frederick Terrell	director	17 STATE STREET, NEW YORK NY 10004
Nicole Seligman	director	C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Christina Spade	officer: EVP, Chief Financial Officer	11 PENN PLAZA, NEW YORK NY 10001
Barbara M Byrne	director	C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Christa A Dalimonte	officer: EVP, General Counsel & Secy	C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Ronald L Nelson	director
Judith Mchale	director	C/O RALPH LAUREN CORPORATION, 650 MADISON AVENUE, NEW YORK NY 10022
Robert M Bakish	director, officer: President and CEO	AVID TECHNOLOGY, INC., 75 NETWORK DRIVE, BURLINGTON MA 01803