CMLS (Cumulus Media) Change In Receivables : $20.4 Mil (TTM As of Dec. 2024)

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What is Cumulus Media Change In Receivables?

Cumulus Media's change in receivables for the quarter that ended in Dec. 2024 was $8.0 Mil. It means Cumulus Media's Accounts Receivable declined by $8.0 Mil from Sep. 2024 to Dec. 2024 .

Cumulus Media's change in receivables for the fiscal year that ended in Dec. 2024 was $20.4 Mil. It means Cumulus Media's Accounts Receivable declined by $20.4 Mil from Dec. 2023 to Dec. 2024 .

Cumulus Media's Accounts Receivable for the quarter that ended in Dec. 2024 was $164.8 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. Cumulus Media's Days Sales Outstanding for the three months ended in Dec. 2024 was 68.82.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cumulus Media's liquidation value for the three months ended in Dec. 2024 was $-924.2 Mil.

Cumulus Media Change In Receivables Historical Data

The historical data trend for Cumulus Media'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.

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Cumulus Media Change In Receivables Chart

Cumulus Media Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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34.42

4.62

-16.88

26.93

20.37

Cumulus Media Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Change In Receivables	Get a 7-Day Free Trial															-7.01	8.99	-4.15	7.53	7.99

Cumulus Media 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.4 Mil.

Cumulus Media (NAS:CMLS) 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.

Cumulus Media's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	164.84	/	218.576	*	91
=	68.82

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

Cumulus Media's liquidation value for the quarter that ended in Dec. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	63.836	-	1111.698	+	0.75 * 164.84	+	0.5 * 0
=	-924.2

Cumulus Media Change In Receivables Related Terms

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Cumulus Media Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Cumulus Media Inc (NAS:CMLS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

1NM:Germany

Address

780 Johnson Ferry Road North East, Suite 500, Atlanta, GA, USA, 30342

Website

https://www.cumulusmedia.com

Cumulus Media Inc is an audio-first media company delivering content to over a quarter billion people monthly whenever required. It is a radio broadcasting company combining high-quality local programming with iconic, nationally syndicated media, sports, and entertainment brands to deliver premium content choices to its customers and radio stations affiliated with the Westwood One network and numerous digital channels. The company's revenue is derived from Broadcast radio revenue, Digital revenue, and Other revenue.

Executives

Deborah A Farrington	director	STARVEST PARTNERS, L.P., 750 LEXINGTON AVENUE, 15TH FLOOR, NEW YORK NY 10022
David Edward Milner	officer: EVP - Operations	3280 PEACHTREE ROAD, N.W., SUITE 2200, ATLANTA GA 30305
Richard Denning	officer: EVP, GEN COUNSEL & SECRETARY	3280 PEACHTREE ROAD NW SUITE 2300, ATLANTA GA 30305
Brigade Capital Management, Lp	10 percent owner	399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Francisco J Lopez-balboa	officer: EVP and CFO	3280 PEACHTREE ROAD, N.W., ATLANTA GA 30305
Sallie Kimbrough	officer: See Remarks	3280 PEACHTREE ROAD, N.W., SUITE 2200, ATLANTA GA 30305
Robert J Walker	officer: EVP - Operations	3280 PEACHTREE ROAD, N.W., SUITE 2200, ATLANTA GA 30305
Mary G. Berner	director, officer: PRESIDENT & CEO	C/O CUMULUS MEDIA, INC., 3280 PEACHTREE ROAD, NW, ATLANTA GA 30305
Suzanne M Grimes	officer: EVP Corporate Marketing	200 EAST BASSE ROAD, SAN ANTONIO TX 78209
John Abbot	officer: EVP, TREASURER & CFO
Sp Signal Manager, Llc	10 percent owner	2 GREENWICH PLAZA, FIRST FLOOR, GREENWICH CT 06830
Nimbus Atlas Llc	10 percent owner	399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Thomas H Castro	director	C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Matthew Blank	director	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
David M Baum	director	784 MORRIS TURNPIKE #367, SHORT HILLS NJ 07078