Verizon Communications (XBUL:BAC) Accounts Receivable : лв48,309 Mil (As of Sep. 2024)

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What is Verizon Communications Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Verizon Communications's accounts receivables for the quarter that ended in Sep. 2024 was лв48,309 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Verizon Communications's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 71.06.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Verizon Communications's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was лв-114.57.

Verizon Communications Accounts Receivable Historical Data

The historical data trend for Verizon Communications'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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Verizon Communications Accounts Receivable Chart

Verizon Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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47,331.94

44,517.60

44,385.44

45,613.93

46,691.64

Verizon Communications 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															43,931.28	46,691.64	47,127.19	47,663.26	48,309.14

Verizon Communications Accounts Receivable Calculation

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

Verizon Communications 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	48309.141	/	62038.362	*	91
=	71.06

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

Verizon Communications'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)
=	(9282.488	+	0.75 * 48309.141	+	0.5 * 4696.153	-	527681.594
-	0	-	2497.914)	/	4209.63
=	-114.57

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.

Verizon Communications Accounts Receivable Related Terms

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Verizon Communications Business Description

Industry

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Address

1095 Avenue of the Americas, New York, NY, USA, 10036

Website

https://www.verizon.com

Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.