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Sky (LSE:SKY) Change In Receivables : £-267 Mil (TTM As of Jun. 2018)


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What is Sky Change In Receivables?

Sky's change in receivables for the quarter that ended in Jun. 2018 was £40 Mil. It means Sky's Accounts Receivable declined by £40 Mil from Dec. 2017 to Jun. 2018 .

Sky's change in receivables for the fiscal year that ended in Jun. 2018 was £-267 Mil. It means Sky's Accounts Receivable increased by £267 Mil from Jun. 2017 to Jun. 2018 .

Sky's Accounts Receivable for the quarter that ended in Jun. 2018 was £400 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. Sky's Days Sales Outstanding for the six months ended in Jun. 2018 was 10.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Sky's liquidation value for the six months ended in Jun. 2018 was £-11,408 Mil.


Sky Change In Receivables Historical Data

The historical data trend for Sky'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.

Sky Change In Receivables Chart

Sky Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.00 1.00 -204.00 -103.00 -267.00

Sky Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 30.00 -110.00 7.00 -307.00 40.00

Sky 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. 2018 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-267 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.


Sky  (LSE:SKY) 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.

Sky's Days Sales Outstanding for the quarter that ended in Jun. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=400/6848*91
=10.66

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

Sky's liquidation value for the quarter that ended in Jun. 2018 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=1622-13982+0.75 * 400+0.5 * 1305
=-11,408

* 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.


Sky Change In Receivables Related Terms

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Sky (LSE:SKY) Business Description

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Sky is the U.K.'s only satellite television operator and its largest pay-TV provider, with 12.9 million retail subscribers. It is also the largest pay-TV provider in Italy, with 4.8 million customers, and is a large operator in Germany and Austria, with 5.3 million pay-TV subscribers. The firm's strategy is to dominate the pay-TV markets in its respective countries. In the U.K., it also offers bundles of broadband, telephony and other services. In total, it sells 61.7 million products.