Entain (LSE:ENT) Change In Receivables

: £42 Mil (TTM As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

Entain's change in receivables for the quarter that ended in Dec. 2023 was £36 Mil. It means Entain's Accounts Receivable declined by £36 Mil from Jun. 2023 to Dec. 2023 .

Entain's change in receivables for the fiscal year that ended in Dec. 2023 was £42 Mil. It means Entain's Accounts Receivable declined by £42 Mil from Dec. 2022 to Dec. 2023 .

Entain's Accounts Receivable for the quarter that ended in Dec. 2023 was £503 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. Entain's Days Sales Outstanding for the six months ended in Dec. 2023 was 38.39.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Entain's liquidation value for the six months ended in Dec. 2023 was £-7,435 Mil.

Entain Change In Receivables Historical Data

The historical data trend for Entain'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.

* Premium members only.

Entain Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-92.00

-161.20

-73.70

44.70

42.20

Entain Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables																-52.90	108.00	-63.30	5.90	36.30

Entain Change In Receivables Calculation

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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £42 Mil.

Entain (LSE:ENT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	503.2	/	2392	*	91
=	38.39

2. In Ben Graham's calculation of liquidation value, Entain's accounts receivable are only considered to be worth 75% of book value:

Entain's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	246	-	8057.9	+	0.75 * 503.2	+	0.5 * 0
=	-7,435

Entain Change In Receivables Related Terms

Thank you for viewing the detailed overview of Entain's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Entain (LSE:ENT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Entain PLC (LSE:ENT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

GMVHY:USA GMVHF:USA ENTl:UK 6GI0:Germany GVC:Austria

Address

One New Change, London, GBR, EC4M 9AF

Website

https://www.entaingroup.com

Entain PLC is an international sports betting and gaming company operating both online and in the retail sector. It has five reportable segments; Online comprises betting and gaming activities from online and mobile operations, Retail comprises betting and retail activities in the shop estates in Great Britain, Northern Ireland, Jersey, Republic of Ireland, Belgium, Italy, and Croatia, New opportunities unikrn and innovation spend, Corporate includes costs associated with Group functions including Group executive, legal, Group finance, United States joint venture, tax and treasury, and Other segments includes activities related to telephone betting, Stadia and on course pitches.

Entain (LSE:ENT) Headlines

No Headlines