Telesat (TSX:TSAT) Accounts Receivable : C$47.6 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Telesat Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Telesat's accounts receivables for the quarter that ended in Dec. 2023 was C$47.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Telesat's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 26.16.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Telesat's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$-286.91.

Telesat Accounts Receivable Historical Data

The historical data trend for Telesat'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.

Telesat Accounts Receivable Chart

Telesat Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

40.11

95.54

29.25

47.56

Telesat Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial									29.25	51.83	395.05	64.39	47.56

Telesat Accounts Receivable Calculation

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

Telesat 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	47.557	/	165.901	*	91
=	26.16

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

Telesat'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)
=	(1669.72	+	0.75 * 47.557	+	0.5 * 4.317	-	3875.372
-	0	-	1737.065)	/	13.6103
=	-286.91

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.

Telesat Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Telesat's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Telesat (TSX:TSAT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Telesat Corp (TSX:TSAT) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

TSAT:USA ZE2:Germany

Address

160 Elgin Street, Ottawa, ON, CAN, K2P 2P7

Website

https://www.telesat.com

Telesat Corp is a global satellite operator, providing its customers with mission-critical communications services. The company's segment includes Broadcast; Enterprise and Consulting and other. The Broadcast segment includes Direct-to-home television, video distribution and contribution, and occasional use services. The enterprise segment includes telecommunication carriers and integrators, government, consumer broadband, resource, maritime and aeronautical, retail and satellite operator services. Consulting and other segments include Consulting services related to space and earth segments, government studies, satellite control services, and research and development. Geographically, it derives a majority of its revenue from Canada.