Brisbane Broncos (ASX:BBL) Accounts Receivable : A$1.38 Mil (As of Dec. 2023)

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What is Brisbane Broncos Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Brisbane Broncos's accounts receivables for the quarter that ended in Dec. 2023 was A$1.38 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Brisbane Broncos's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 8.15.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Brisbane Broncos's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.09.

Brisbane Broncos Accounts Receivable Historical Data

The historical data trend for Brisbane Broncos'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.

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Brisbane Broncos Accounts Receivable Chart

Brisbane Broncos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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1.03

0.84

1.39

1.51

1.38

Brisbane Broncos Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															1.39	3.70	1.51	3.48	1.38

Brisbane Broncos Accounts Receivable Calculation

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

Brisbane Broncos 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.375	/	30.8	*	91
=	8.15

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

Brisbane Broncos'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)
=	(22.815	+	0.75 * 1.375	+	0.5 * 0.153	-	14.71
-	0	-	0)	/	98.0406
=	0.09

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.

Brisbane Broncos Accounts Receivable Related Terms

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Brisbane Broncos (ASX:BBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Brisbane Broncos Ltd (ASX:BBL) » Definitions » Accounts Receivable

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Traded in Other Exchanges

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Address

81 Fulcher Road, Clive Berghofer Centre, Red Hill, Brisbane, QLD, AUS, 4059

Website

https://www.broncos.com.au

Brisbane Broncos Ltd operates in the sport and entertainment businesses, gaming monitoring, and ancillary services businesses. The principal activities of the company are the management and operation of the Brisbane Broncos Rugby League Football teams, a National Rugby League competition participant. It generates revenue from sponsorship sales, merchandise sales and royalties, membership, and others. Geographically, the Group operates in Australia only.