United States Cellular (United States Cellular) Accounts Receivable

: $900 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. United States Cellular's accounts receivables for the quarter that ended in Dec. 2023 was $900 Mil.

Accounts receivable can be measured by Days Sales Outstanding. United States Cellular's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 82.13.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. United States Cellular's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-61.17.

United States Cellular Accounts Receivable Historical Data

The historical data trend for United States Cellular'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 919.00 [6] => 915.00 [7] => 976.00 [8] => 985.00 [9] => 900.00 )

United States Cellular Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

919.00

915.00

976.00

985.00

900.00

United States Cellular Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																985.00	940.00	917.00	890.00	900.00

United States Cellular Accounts Receivable Calculation

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

United States Cellular 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	900	/	1000	*	91
=	82.13

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

United States Cellular'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)
=	(150	+	0.75 * 900	+	0.5 * 199	-	6096
-	0	-	28)	/	85
=	-61.17

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.

United States Cellular Accounts Receivable Related Terms

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United States Cellular (United States Cellular) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » United States Cellular Corp (NYSE:USM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

US7:Germany

Address

8410 West Bryn Mawr, Chicago, IL, USA, 60631

Website

https://www.uscellular.com

U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.

Executives

Michael Irizarry	officer: EVP & CTO-Engineering and IS	8410 W BRYN MAWR, CHICAGO IL 60631
Kevin R Lowell	officer: EVP, Chief People Officer	8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Xavier Williams	director	C/O AMERICAN VIRTUAL CLOUD TECHNOLOGIES, 1720 PEACHTREE ST., SUITE 629, ATLANTA GA 30309
James W Butman	director	30 N. LASALLE STREET, STE. 4000, CHICAGO IL 60602
Gregory P Josefowicz	director	850 76TH STREET SW, GRAND RAPIDS MI 49518
Deirdre Drake	officer: SVP-Chief HR Officer	8410 W. BRYN MAWR AVE, CHICAGO IL 60631
Esteban C Iriarte	director	8410 W. BRYN MAWR, CHICAGO IL 60631
Vicki L Villacrez	director	30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Ronald E Daly	director
J Samuel Crowley	director	8410 WEST BRYN MAWR ST STE 700, CHICAGO IL 60631
Jay Ellison	officer: EVP-Operations
Laurent C Therivel	director, officer: President and CEO	8410 W. BRYN MAWR STREET, CHICAGO IL 60631
Kenneth R Meyers	director, officer: President and CEO
Anita J Kroll	officer: Chief Accounting Officer	30 N. LASALLE STREET, SUITE 4000, CHICAGO IL 60602
Steven T Campbell	director, officer: EVP-Finance, CFO and Treasurer	8410 W. BRYN MAWR, CHICAGO IL 60631