Southern Cross Media Group (FRA:6MM) Change In Receivables : €0.0 Mil (TTM As of Jun. 2024)

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What is Southern Cross Media Group Change In Receivables?

Southern Cross Media Group's change in receivables for the quarter that ended in Jun. 2024 was €0.0 Mil. It means Southern Cross Media Group's Accounts Receivable stayed the same from Dec. 2023 to Jun. 2024 .

Southern Cross Media Group's change in receivables for the fiscal year that ended in Jun. 2024 was €0.0 Mil. It means Southern Cross Media Group's Accounts Receivable stayed the same from Jun. 2023 to Jun. 2024 .

Southern Cross Media Group's Accounts Receivable for the quarter that ended in Jun. 2024 was €55.5 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. Southern Cross Media Group's Days Sales Outstanding for the six months ended in Jun. 2024 was 66.22.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Southern Cross Media Group's liquidation value for the six months ended in Jun. 2024 was €-253.8 Mil.

Southern Cross Media Group Change In Receivables Historical Data

The historical data trend for Southern Cross Media 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.

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Southern Cross Media Group Change In Receivables Chart

Southern Cross Media Group Annual Data

Trend

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Change In Receivables

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Southern Cross Media Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-	-	-	-	-

Southern Cross Media 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.0 Mil.

Southern Cross Media Group (FRA:6MM) 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.

Southern Cross Media Group's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	55.503	/	152.975	*	91
=	66.22

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

Southern Cross Media Group's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6.502	-	301.944	+	0.75 * 55.503	+	0.5 * 0
=	-253.8

Southern Cross Media Group Change In Receivables Related Terms

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Southern Cross Media Group Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Southern Cross Media Group Ltd (FRA:6MM) » Definitions » Change In Receivables

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SXL:Australia

Address

101 Moray Street, Level 2, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.southerncrossaustereo.com.au

Southern Cross Media broadcasts television and radio content across Australia and generates revenue and earnings mainly from sales of airtime to advertisers. In metropolitan areas, it runs two radio networks (Hit and Triple M). In regional areas, the company runs a portfolio of radio stations and television stations. It is also investing in digital audio, which has fast-growing audiences.

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