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ZoomerMedia (ZoomerMedia) Accounts Receivable : $9.36 Mil (As of Feb. 2024)


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What is ZoomerMedia Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ZoomerMedia's accounts receivables for the quarter that ended in Feb. 2024 was $9.36 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ZoomerMedia's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 82.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ZoomerMedia's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-0.09.


ZoomerMedia Accounts Receivable Historical Data

The historical data trend for ZoomerMedia'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.

ZoomerMedia Accounts Receivable Chart

ZoomerMedia Annual Data
Trend Jun13 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.72 7.58 6.25 6.99 8.70

ZoomerMedia Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 8.64 8.54 8.70 10.70 9.36

ZoomerMedia Accounts Receivable Calculation

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


ZoomerMedia 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.

ZoomerMedia's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.356/10.373*91
=82.30

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

ZoomerMedia's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(4.103+0.75 * 9.356+0.5 * 0-42.118
-29.427--1.441)/683.026
=-0.09

* 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.


ZoomerMedia Accounts Receivable Related Terms

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ZoomerMedia (ZoomerMedia) Business Description

Traded in Other Exchanges
Address
70 Jefferson Avenue, Toronto, ON, CAN, M6K 1Y4
ZoomerMedia Ltd operates as a multimedia company in Canada. It serves Zoomer demographic through television, radio, magazine, internet, conferences and trade shows. The company's reportable segments include Television, Radio, Print, Royalty, Digital, Other and Corporate operations. Majority of the revenue for the company is generated from the Television segment, which consists of the company's speciality and conventional television stations and generates revenue from subscriber fees, the sale of broadcast time and advertising.