Warner Music Group (BSP:W1MG34) Change In Receivables : R$-884 Mil (TTM As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Warner Music Group Change In Receivables?

Warner Music Group's change in receivables for the quarter that ended in Mar. 2024 was R$-75 Mil. It means Warner Music Group's Accounts Receivable increased by R$75 Mil from Dec. 2023 to Mar. 2024 .

Warner Music Group's change in receivables for the fiscal year that ended in Sep. 2023 was R$-558 Mil. It means Warner Music Group's Accounts Receivable increased by R$558 Mil from Sep. 2022 to Sep. 2023 .

Warner Music Group's Accounts Receivable for the quarter that ended in Mar. 2024 was R$5,961 Mil.

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 Receivable are being managed. Warner Music Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.11.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Warner Music Group's liquidation value for the three months ended in Mar. 2024 was R$-32,930 Mil.

Warner Music Group Change In Receivables Historical Data

The historical data trend for Warner Music Group's Change In Receivables 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.

Warner Music Group Change In Receivables Chart

Warner Music Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

Get a 7-Day Free Trial

-370.76

97.20

-306.18

-1,022.50

-558.07

Warner Music Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-36.46	-456.25	-93.84	-259.69	-74.70

Warner Music Group Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$-884 Mil.

Warner Music Group (BSP:W1MG34) Change In Receivables 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 Receivable are being managed.

Warner Music Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5960.821	/	7439.821	*	91
=	73.11

2. In Ben Graham's calculation of liquidation value, Warner Music Group's accounts receivable are only considered to be worth 75% of book value:

Warner Music Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2923.143	-	40565.451	+	0.75 * 5960.821	+	0.5 * 483.041
=	-32,930

Warner Music Group Change In Receivables Related Terms

Thank you for viewing the detailed overview of Warner Music Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Warner Music Group (BSP:W1MG34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Warner Music Group Corp (BSP:W1MG34) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

WMG:USA WA4:Germany WMG:Austria

Address

1633 Broadway, New York, NY, USA, 10019

Website

https://www.wmg.com

Warner Music Group is the third largest of the three major global record labels, with Vivendi's Universal Music in first and Sony Music in second. Warner's larger segment, recorded music, consists of iconic labels like Atlantic Records, Warner Records, and Parlophone Records and popular artists such as Ed Sheeran, Cardi B, Dua Lipa, and Blake Shelton. Warner Chappell, the firm's publishing arm, is the home to over 65,000 composers and songwriters with over 1 million copyrights represented. Warner is controlled by Access Industries, which owns an 84% economic interest and 99% of voting rights.

Warner Music Group (BSP:W1MG34) Headlines

No Headlines