Emmis (EMMS) Change In Receivables: $-1.54 Mil (TTM As of Feb. 2020)

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EMMS Emmis Corp EMMS
16 GF Score
Price $1.55
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What is Emmis Change In Receivables?

Emmis EMMS 16 Change In Receivables is $-1.54 Mil as of Feb. 2020. GuruFocus rates EMMS with a GF Score™ of 16/100.

Emmis's change in receivables for the quarter that ended in Feb. 2020 was $0.87 Mil. It means Emmis's Accounts Receivable declined by $0.87 Mil from Nov. 2019 to Feb. 2020 .

Emmis's change in receivables for the fiscal year that ended in Feb. 2020 was $-1.54 Mil. It means Emmis's Accounts Receivable increased by $1.54 Mil from Feb. 2019 to Feb. 2020 .

Emmis's Accounts Receivable for the quarter that ended in Feb. 2020 was $4.63 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. Emmis's Days Sales Outstanding for the three months ended in Feb. 2020 was 40.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Emmis's liquidation value for the three months ended in Feb. 2020 was $-5.58 Mil.

Emmis  (OTCPK:EMMS) 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.

Emmis's Days Sales Outstanding for the quarter that ended in Feb. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.627/10.444*91
=40.43

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

Emmis's liquidation value for the quarter that ended in Feb. 2020 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=93.036-102.085+0.75 * 4.627+0.5 * 0
=-5.58

* 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.

Emmis Change In Receivables Related Terms

Emmis Change In Receivables Historical Data

* Premium members only.

The historical data trend for Emmis'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.

Emmis Change In Receivables Chart

Emmis Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 3.46 5.19 3.66 -1.54

Emmis Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
Change In Receivables 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 1.67 -1.50 1.23 -2.14 0.87
EMMS
16GF Score
Emmis Corp EMMS
Change In Receivables is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmis 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 Feb. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.54 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Receivables →
What does a Change In Receivables of $-1.54 Mil mean?
Emmis (EMMS) has a Change In Receivables of $-1.54 Mil as of Feb. 2020. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Emmis and its competitors.
Is Emmis' Change In Receivables too high?
Emmis' current Change In Receivables is $-1.54 Mil. Overall, Emmis has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emmis' Change In Receivables compare to SALM and UONE?
Emmis' Change In Receivables of $-1.54 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Receivables for a Media - Diversified company?
A good Change In Receivables depends on the Media - Diversified industry context. However, Change In Receivables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Receivables mean?
A high Change In Receivables can signal that a stock is expensive relative to its fundamentals. Change in Receivables is the difference between current-period receivables and past-period receivables. View historical data for Emmis and its competitors. Emmis's current Change In Receivables is $-1.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmis stock overvalued right now?
Emmis (EMMS) has a current Change In Receivables of $-1.54 Mil. The current Change In Receivables is $-1.54 Mil. Emmis' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Receivables calculated?
Change In Receivables is calculated from a company's financial statements. For Emmis (EMMS), the current Change In Receivables is $-1.54 Mil as of Feb. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Emmis Business Description

Address 40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
16GF Score

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Change In Receivables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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