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BYD (Boyd Gaming) Accounts Receivable : $103 Mil (As of Sep. 2024)


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What is Boyd Gaming Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Boyd Gaming's accounts receivables for the quarter that ended in Sep. 2024 was $103 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Boyd Gaming's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 9.82.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Boyd Gaming's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-48.36.


Boyd Gaming Accounts Receivable Historical Data

The historical data trend for Boyd Gaming'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.

Boyd Gaming Accounts Receivable Chart

Boyd Gaming Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.86 53.46 89.48 109.05 137.89

Boyd Gaming Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 103.58 137.89 118.90 109.74 103.48

Boyd Gaming Accounts Receivable Calculation

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


Boyd Gaming 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.

Boyd Gaming's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=103.475/961.246*91
=9.82

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

Boyd Gaming's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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)
=(286.281+0.75 * 103.475+0.5 * 20.414-4670.629
-0-0)/88.8493
=-48.36

* 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.


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.


Boyd Gaming Accounts Receivable Related Terms

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Boyd Gaming Business Description

Traded in Other Exchanges
Address
6465 South Rainbow Boulevard, Las Vegas, NV, USA, 89118
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly-owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. Midwest and South hold the key number of entertainment properties, and it generate the majority of sales for the company.
Executives
Keith Smith director, officer: President & CEO
Josh Hirsberg officer: Exec. V.P., Treasurer & CFO C/O BOYD GAMING CORPORATION, 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169
Christine J. Spadafor director 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169
Ted Bogich officer: Executive Vice President 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169
William R Boyd director, officer: Vice President C/O BOYD GAMING CORPORATION, 6465 S. RAINBOW BOULEVARD, LAS VEGAS NV 89118
Marianne Boyd Johnson director, officer: Executive Vice President
William S Boyd director, 10 percent owner, officer: Co-Executive Chair 2950 SOUTH INDUSTRIAL ROAD, LAS VEGAS NV 89109
A. Randall Thoman director 8360 S. DURANGO DR., LAS VEGAS NV 89113
Stephen S. Thompson officer: Executive Vice President 3883 HOWARD HUGHES PARKWAY, NINTH FLOOR, LAS VEGAS NV 89169
Lori M. Nelson officer: SVP Fin Ops and Reporting 6465 S. RAINBOW BOULEVARD, LAS VEGAS NV 89118
Veronica J Wilson director C/O BOYD GAMING, 2950 INDUSTRIAL RD, LAS VEGAS NV 89109
Uri Clinton officer: EVP,General Counsel,Secretary C/O MULTIMEDIA GAMES, INC., 206 WILD BASIN ROAD, BLDG. B, SUITE 400, AUSTIN TX 78746
Anthony D Mcduffie officer: VP & Chief Accounting Officer C/O BOYD GAMING CORPORATION, 6465 SOUTH RAINBOW BLVD, LAS VEGAS NV 89118
Paul W Whetsell director 4501 NORTH FAIRFAX DRIVE, SUITE 800, ARLINGTON VA 22203
John Robert Bailey director 1106 PALMS AIRPORT DRIVE, LAS VEGAS NV 89119