NXST has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
NXST has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Nexstar Media Group's change in receivables for the quarter that ended in Mar. 2024 was $45 Mil. It means Nexstar Media Group's Accounts Receivable declined by $45 Mil from Dec. 2023 to Mar. 2024 .
Nexstar Media Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-13 Mil. It means Nexstar Media Group's Accounts Receivable increased by $13 Mil from Dec. 2022 to Dec. 2023 .
Nexstar Media Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $1,051 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. Nexstar Media Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 74.69.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Nexstar Media Group's liquidation value for the three months ended in Mar. 2024 was $-8,574 Mil.
The historical data trend for Nexstar 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.
Nexstar Media Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Change In Receivables | Get a 7-Day Free Trial | 2.18 | 14.00 | -109.00 | -12.00 | -13.00 |
Nexstar Media Group Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Change In Receivables | Get a 7-Day Free Trial | 72.00 | 64.00 | 55.00 | -204.00 | 45.00 |
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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-40 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.
Nexstar Media Group (NAS:NXST) 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.
Nexstar Media Group's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 1051 | / | 1284 | * | 91 |
= | 74.69 |
2. In Ben Graham's calculation of liquidation value, Nexstar Media Group's accounts receivable are only considered to be worth 75% of book value:
Nexstar Media Group's liquidation value for the quarter that ended in Mar. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 237 | - | 9599 | + | 0.75 * 1051 | + | 0.5 * 0 |
= | -8,574 |
* 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.
Thank you for viewing the detailed overview of Nexstar Media Group's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Blake Russell | officer: Vice President, Marketing | 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062 |
Thomas Carter | officer: Senior Advisor | 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062 |
Charles Thomas Mcmillen | director | 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003 |
D Geoffrey Armstrong | director | 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706 |
Gary Weitman | officer: See Remarks | 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062 |
Dana Zimmer | officer: President, Distribution | 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062 |
Sean Compton | officer: President, Networks | 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062 |
Jay M. Grossman | director | C/O ABRY PARTNERS, LLC, 888 BOYLSTON STREET, BOSTON MA 02199 |
Michael Biard | officer: President & COO | C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062 |
Lee Ann Gliha | officer: EVP, Chief Financial Officer | 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062 |
Perry A Sook | director, officer: Chief Executive Officer | 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062 |
Royce A. Wells | director | C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105 |
Rachel Morgan | officer: EVP General Counsel | 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062 |
Andrew Alford | officer: See Remarks | 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062 |
Brett Jenkins | officer: Chief Technology Officer | C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, STE 700, IRVING TX 75062 |
From GuruFocus
By GuruFocus Research • 11-08-2023
By Business Wire • 12-18-2023
By Business Wire • 09-26-2023
By Business Wire • 11-09-2023
By Business Wire • 01-08-2024
By Business Wire • 10-09-2023
By GuruFocus Research • 09-20-2023
By Business Wire • 11-07-2023
By GuruFocus Research • 09-20-2023
By Hoang Quoc Anh • 11-16-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.