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Spanish Broadcasting System (Spanish Broadcasting System) Receivables Turnover : 0.67 (As of Mar. 2021)


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What is Spanish Broadcasting System Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Spanish Broadcasting System's Revenue for the three months ended in Mar. 2021 was $24.6 Mil. Spanish Broadcasting System's average Accounts Receivable for the three months ended in Mar. 2021 was $36.7 Mil. Hence, Spanish Broadcasting System's Receivables Turnover for the three months ended in Mar. 2021 was 0.67.


Spanish Broadcasting System Receivables Turnover Historical Data

The historical data trend for Spanish Broadcasting System's Receivables Turnover 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.

Spanish Broadcasting System Receivables Turnover Chart

Spanish Broadcasting System Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Receivables Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.40 4.26 4.57 4.41 3.00

Spanish Broadcasting System Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
Receivables Turnover 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 0.98 0.52 1.08 1.12 0.67

Competitive Comparison of Spanish Broadcasting System's Receivables Turnover

For the Broadcasting subindustry, Spanish Broadcasting System's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Spanish Broadcasting System's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Spanish Broadcasting System's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Spanish Broadcasting System's Receivables Turnover falls into.



Spanish Broadcasting System Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Spanish Broadcasting System's Receivables Turnover for the fiscal year that ended in Dec. 2020 is calculated as

Receivables Turnover (A: Dec. 2020 )
=Revenue / Average Total Inventories
=Revenue (A: Dec. 2020 ) / ((Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count )
=121.939 / ((39.469 + 41.923) / 2 )
=121.939 / 40.696
=3.00

Spanish Broadcasting System's Receivables Turnover for the quarter that ended in Mar. 2021 is calculated as

Receivables Turnover (Q: Mar. 2021 )
=Revenue / Average Total Inventories
=Revenue (Q: Mar. 2021 ) / ((Accounts Receivable (Q: Dec. 2020 ) + Accounts Receivable (Q: Mar. 2021 )) / count )
=24.643 / ((41.923 + 31.453) / 2 )
=24.643 / 36.688
=0.67

* 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.


Spanish Broadcasting System  (OTCPK:SBSAA) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.


Spanish Broadcasting System Receivables Turnover Related Terms

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Spanish Broadcasting System (Spanish Broadcasting System) Business Description

Traded in Other Exchanges
N/A
Address
7007 NorthWest 77th Avenue, Miami, FL, USA, 33166
Spanish Broadcasting System Inc is a Spanish language media and entertainment company with radio and television stations in the United States Hispanic markets, including Puerto Rico. The company produces and distributes Spanish language content, including radio programs, television shows, music and live entertainment through its multi-media platforms. It operates in two reportable segments, namely Radio and Television. The company owns and operates radio stations located in Los Angeles, New York, Puerto Rico, Chicago, Miami and San Francisco. Its television stations and related affiliates operate under MegaTV. In addition, it also provides multiple Spanish and bilingual websites that provide content related to Latin music, entertainment, news, and culture.
Executives
Jose I. Molina officer: Chief Financial Officer C/O 7007 NW 77TH AVENUE MIAMI FL 33166
Richard D. Lara officer: See Remarks 7007 NW 77TH AVENUE MIAMI FL 33166
Raul Alarcon director, 10 percent owner, officer: Chairman, CEO & President 7007 N.W. 77TH AVENUE MIAMI FL 33166
Jason L Shrinsk director
Joseph A Garcia director, officer: CFO, SR. EVP 3191 CORAL WAY MIAMI FL 33145
Jose Antonio Villamil director 2601 SOUTH BAYSHORE DRIVE, PH II, COCONUT GROVE FL 33133
A. Yelen Mitchell director C/O SPANISH BROADCASTING SYSTEM, INC., 2601 S. BAYSHORE DR. PH2 COCONUT GROVE FL 33133
Manuel E. Machado director C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PHII COCONUT GROVE FL 33133
Alberto Rodriguez officer: Chief Revenue Officer of SBS C/O 2601 S. BAYSHORE DRIVE PHII COCONUT GROVE FL 33133
Melanie Montenegro other: EVP & General Counsel C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PHII FL 33133
Marko Radlovic officer: Chief Revenue Officer
Antonio S Fernandez director 2601 S BAYSHORE DRIVE MIAMI FL 33133
Frank Flores officer: Chief Revenue Officer C/O SPANISH BROADCASTING SYSTEM, INC. PH II COCONUT GROVE FL 33133
Cynthia Hudson-fernandez officer: Chief Creative Officer & EVP C/O SPANISH BROADCASTING SYSTEM, INC. 2601 S. BAYSHORE DRIVE, PH II COCONUT GROVE FL 33133
Dan Mason director C/O SPANISH BROADCASTING SYSTEM INC 2801 SOUTH BAYSHORE DR PENTHOUSE #2 COCONUT GROVE FL 33133

Spanish Broadcasting System (Spanish Broadcasting System) Headlines

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