SONG (Music Licensing) Total Receivables: $15.2 Mil (As of Jun. 2024)


What is Music Licensing Total Receivables?

Music Licensing SONG Total Receivables is $15.2 Mil as of Jun. 2024.

Music Licensing's Total Receivables for the quarter that ended in Jun. 2024 was $15.2 Mil.

Music Licensing Total Receivables Related Terms

Music Licensing Total Receivables Historical Data

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The historical data trend for Music Licensing's Total 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.

Music Licensing Total Receivables Chart

Music Licensing Annual Data
Trend Dec21 Dec22 Dec23
Total Receivables
0.00 0.00 58.54

Music Licensing Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Total Receivables Get a 7-Day Free Trial 45.46 52.10 58.54 37.86 15.16

Music Licensing Total Receivables Calculation

Total Receivables is the sum of all receivables owed by customers and affiliates within one year, including:
Accounts Receivable
Notes Receivable
Loans Receivable
Other Current Receivables

Frequently Asked Questions Learn more about Total Receivables →
What does a Total Receivables of $15.2 Mil mean?
Music Licensing (SONG) has a Total Receivables of $15.2 Mil as of Jun. 2024. Total Receivables is the sum of all receivables owed by customers and affiliates within one year. View historical data on Music Licensing and its competitors.
Is Music Licensing's Total Receivables too high?
Music Licensing's current Total Receivables is $15.2 Mil.
How does Music Licensing's Total Receivables compare to NFLX and DIS?
Music Licensing's Total Receivables of $15.2 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 Total Receivables for a Media - Diversified company?
A good Total Receivables depends on the Media - Diversified industry context. However, Total 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 Total Receivables mean?
A high Total Receivables can signal that a stock is expensive relative to its fundamentals. Total Receivables is the sum of all receivables owed by customers and affiliates within one year. View historical data on Music Licensing and its competitors. Music Licensing's current Total Receivables is $15.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Music Licensing stock overvalued right now?
Music Licensing (SONG) has a current Total Receivables of $15.2 Mil. The current Total Receivables is $15.2 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Receivables calculated?
Total Receivables is calculated from a company's financial statements. For Music Licensing (SONG), the current Total Receivables is $15.2 Mil as of Jun. 2024. 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.

Music Licensing Business Description

Address 382 NE 191st Street, Miami, FL, USA, 33179
Music Licensing Inc is an operator of a public performance rights organization. The group is a music performing rights organization that represents songwriters, composers, and music publishers and issues public performance licenses to businesses. Its customers include television and radio stations, internet/streaming services, and mobile technologies, Satellite audio services like XM and Sirius, nightclubs, restaurants, bars, and other venues. The group generates revenue from monthly or annual license fees. The company licenses music to some of the prominent platforms and businesses, including TikTok, iHeartMedia, Triller, Napster, 7Digital, Vevo, & many others.