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TiVo (TIVO) Accounts Receivable : $164.6 Mil (As of Mar. 2020)


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What is TiVo Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. TiVo's accounts receivables for the quarter that ended in Mar. 2020 was $164.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TiVo's Days Sales Outstanding for the quarter that ended in Mar. 2020 was 93.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TiVo's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was $-5.71.


TiVo Accounts Receivable Historical Data

The historical data trend for TiVo'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.

TiVo Accounts Receivable Chart

TiVo Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.13 147.14 180.77 152.87 158.02

TiVo Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 156.47 177.81 183.83 158.02 164.62

TiVo Accounts Receivable Calculation

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


TiVo 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.

TiVo's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=164.618/159.861*91
=93.97

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

TiVo's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 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)
=(108.519+0.75 * 164.618+0.5 * 2.944-962.04
-0-0)/127.654
=-5.71

* 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.


TiVo Accounts Receivable Related Terms

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TiVo (TIVO) Business Description

Traded in Other Exchanges
N/A
Address
2160 Gold Street, San Jose, CA, USA, 95002
TiVo Corp is engaged in media and entertainment products. It provides a broad set of cloud-based services, embedded software solutions and intellectual property that enable people to find and enjoy online video, television programming, movies and music entertainment. In addition, it also offers advanced media and advertising solutions, including viewership data, audience insights and advertising and programming promotion optimization, which enable advanced audience targeting in linear television advertising. The group solutions are sold globally to cable, satellite, and telecommunications pay-TV service providers, virtual service providers, content and new media companies and advertisers. Geographically its presence is seen in US and other international markets.