Sinclair's average Accounts Receivable for the
three
months ended in Dec. 2023 was $607 Mil. Sinclair's Revenue for the
three
months ended in Dec. 2023 was $826 Mil.
Hence, Sinclair's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 67.00.
The historical rank and industry rank for Sinclair's Days Sales Outstanding or its related term are showing as below:
SBGI'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.94 Med: 69.1 Max: 86.28
Current: 70.11
During the past 13 years, Sinclair's highest Days Sales Outstanding was 86.28. The lowest was 63.94. And the median was 69.10.
SBGI's Days Sales Outstanding is ranked worse than 50.73% of 1023
companies
in the Media - Diversified industry
Industry Median: 69.42
vs SBGI: 70.11
Sinclair's Days Sales Outstanding
increased
from Dec. 2022 (56.94) to Dec. 2023 (67.00).
Sinclair Days Sales Outstanding Historical Data
The historical data trend for Sinclair's Days Sales Outstanding 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.
Competitive Comparison of Sinclair's Days Sales Outstanding
For the Entertainment subindustry, Sinclair's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Sinclair's Days Sales Outstanding Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Sinclair's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Sinclair's Days Sales Outstanding falls into.
Sinclair Days Sales Outstanding Calculation
Days Sales Outstanding measures 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.
* 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.
Sinclair (NAS:SBGI) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Sinclair Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Sinclair's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Sinclair Broadcast Group is the second-largest television station operator in the U.S., with 185 stations in 86 markets. Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels on networks aligned with The CW (Nexstar) and MyNetworkTV (Fox). The firm also owns the Tennis Channel and four multicast networks. Via the 2019 purchase of the Fox regional sports networks from Disney, Sinclair is now the largest owner of Diamond Sports, which operates regional sports networks. Diamond Sports sought bankruptcy protection in early 2023.
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