DVD has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
DVD has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Dover Motorsports's change in receivables for the quarter that ended in Sep. 2021 was $16.34 Mil. It means Dover Motorsports's Accounts Receivable declined by $16.34 Mil from Jun. 2021 to Sep. 2021 .
Dover Motorsports's change in receivables for the fiscal year that ended in Dec. 2020 was $0.04 Mil. It means Dover Motorsports's Accounts Receivable declined by $0.04 Mil from Dec. 2019 to Dec. 2020 .
Dover Motorsports's Accounts Receivable for the quarter that ended in Sep. 2021 was $1.66 Mil.
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 Receivable are being managed. Dover Motorsports's Days Sales Outstanding for the three months ended in Sep. 2021 was 122.58.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Dover Motorsports's liquidation value for the three months ended in Sep. 2021 was $7.23 Mil.
The historical data trend for Dover Motorsports's Change In Receivables 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.
Dover Motorsports Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | -0.25 | -0.06 | -0.20 | 0.03 | 0.04 |
Dover Motorsports Quarterly Data | ||||||||||||||||||||
Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | |
Change In Receivables | Get a 7-Day Free Trial | -0.20 | 0.63 | -1.40 | -16.00 | 16.34 |
Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.
Change In Receivables for the trailing twelve months (TTM) ended in Sep. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.43 Mil.
* 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.
Dover Motorsports (NYSE:DVD) Change In Receivables 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 Receivable are being managed.
Dover Motorsports's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 1.663 | / | 1.238 | * | 91 |
= | 122.58 |
2. In Ben Graham's calculation of liquidation value, Dover Motorsports's accounts receivable are only considered to be worth 75% of book value:
Dover Motorsports's liquidation value for the quarter that ended in Sep. 2021 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 23.683 | - | 17.715 | + | 0.75 * 1.663 | + | 0.5 * 0.024 |
= | 7.23 |
* 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.
Thank you for viewing the detailed overview of Dover Motorsports's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Patrick J Bagley | director | |
Jeffrey W Rollins | director | |
Henry B Tippie | director | TONY EVANS, 1131 N DUPONT HWY, DOVER DE 19903 |
Anastasia Thomas Nardangeli | director | 1131 N. DUPONT HIGHWAY DOWER DE 19901 |
Denis Mcglynn | director, officer: President and CEO | POST OFFICE BOX 843, DOVER DE 19903 |
Timothy R Horne | director, officer: Sr. VP - Finance & CFO | |
Thomas G Wintermantel | officer: VP, TREASURER & SECRETARY | |
Michael A. Tatoian | director, officer: Executive Vice President - COO | 1131 N. DUPONT HIGHWAY DOVER DE 19901 |
Richard Radcliffe Hastings | director | 1131 NORTH DUPONT HIGHWAY DOVER DE 19901 |
Gary W Rollins | 10 percent owner | 2170 PIEDMONT ROAD NE, ATLANTA GA 30324 |
R Randall Rollins | director, 10 percent owner | SUNTRUST BANKS INC, PO BOX 4418 MC 643, ATLANTA GA 30302-4418 |
Eugene W Weaver | director, 10 percent owner | P O BOX 843, DOVER DE 19803 |
Richard K Struthers | director | 900 OLD KENNETT ROAD, GREENVILLE DE 19807 |
Mario Cibelli | 10 percent owner | 6 EAST 43RD STREET, 23RD FLOOR NEW YORK NY 10017 |
Kenneth K Chalmers | director |
From GuruFocus
By Mariusz Skonieczny Mariusz Skonieczny • 09-29-2010
By GuruFocusNews GuruFocusNews • 11-30-2021
By PRNewswire PRNewswire • 12-21-2021
By Business Wire Business Wire • 04-17-2020
By Business Wire Business Wire • 04-26-2021
By gurufocus 10qk • 03-15-2011
By Business Wire Business Wire • 10-22-2020
By PRNewswire PRNewswire • 11-18-2021
By Business Wire Business Wire • 04-28-2021
By Don Li2 Don Li2 • 11-10-2021
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.