CommScope Holding Co (CommScope Holding Co) Accounts Receivable : $854 Mil (As of Mar. 2024)

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What is CommScope Holding Co Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. CommScope Holding Co's accounts receivables for the quarter that ended in Mar. 2024 was $854 Mil.

Accounts receivable can be measured by Days Sales Outstanding. CommScope Holding Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 66.71.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. CommScope Holding Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-49.30.

CommScope Holding Co Accounts Receivable Historical Data

The historical data trend for CommScope Holding Co's Accounts Receivable 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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CommScope Holding Co Accounts Receivable Chart

CommScope Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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1,698.80

1,487.40

1,532.60

1,178.20

815.20

CommScope Holding Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															1,352.50	1,373.80	1,210.80	815.20	854.20

CommScope Holding Co Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

CommScope Holding Co Accounts Receivable 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 receivables are being managed.

CommScope Holding Co's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	854.2	/	1168.4	*	91
=	66.71

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), CommScope Holding Co's accounts receivable are only considered to be worth 75% of book value:

CommScope Holding Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(357.2	+	0.75 * 854.2	+	0.5 * 1044.1	-	10807.1
-	1178.1	-	0)	/	212.265
=	-49.30

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

CommScope Holding Co Accounts Receivable Related Terms

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CommScope Holding Co (CommScope Holding Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CommScope Holding Co Inc (NAS:COMM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

CM9:Germany CM9:Germany

Address

1100 CommScope Place, South East, Hickory, NC, USA, 28602

Website

https://www.commscope.com

CommScope Holding Co Inc is a provider of infrastructure solutions for communication, data center and entertainment networks. The company provides solutions for wired and wireless networks to enable service providers, including cable, telephone, data center and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. The company is into digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms and equipment that delivers data and voice networks to homes.

Executives

Linde Koen Ter	officer: SVP & President, CCS	COMMSCOPE HOLDING COMPANY, INC., 3642 US 70, CLAREMONT NC 28610
Watts Claudius E. Iv	director	THE CARLYLE GROUP, 101 S. TRYON STREET, 25TH FLOOR, CHARLOTTE NC 28280
Justin C Choi	officer: SVP, Chief Legal Officer & Sec	ANIXTER INTERNATIONAL INC., 2301 PATRIOT BLVD., GLENVIEW IL 60026
Kyle David Lorentzen	officer: EVP & CFO	9968 GLASGOW COURT, DUBLIN OH 43017
Timothy T Yates	director	ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
Charles L. Treadway	director, officer: President and CEO	8155 T&B BOULEVARD, MEMPHIS TN 38125
John R. Carlson	officer: SVP & Chief Commercial Officer	C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Bartolomeo Giordano	officer: SVP & President, NICS	1100 COMMSCOPE PL SE, C/O COMMSCOPE HOLDING COMPANY, INC., HICKORY NC 28602
Joanne M Maguire	director	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Farid Firouzbakht	officer: SVP & President, OWN	3790 VIA DE LA VALLE, SUITE 311, DEL MAR CA 92014
Laurie S. Oracion	officer: SVP & CAO	C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602
Frank M Drendel	director, officer: Chairman of Board	NEXTEL COMMUNICATIONS INC, 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Mindy Mackenzie	director	510 LAKE COOK ROAD, DEERFIELD IL 60015
Markus R. Ogurek	officer: SVP & President, NICS	C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602
Guy Sucharczuk	officer: SVP & President, ANS	C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602