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Emmis Communications (Emmis Communications) Accounts Receivable : $4.63 Mil (As of Feb. 2020)


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What is Emmis Communications Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Emmis Communications's accounts receivables for the quarter that ended in Feb. 2020 was $4.63 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Emmis Communications's Days Sales Outstanding for the quarter that ended in Feb. 2020 was 40.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Emmis Communications's Net-Net Working Capital per share for the quarter that ended in Feb. 2020 was $N/A.


Emmis Communications Accounts Receivable Historical Data

The historical data trend for Emmis Communications'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.

* Premium members only.

Emmis Communications Accounts Receivable Chart

Emmis Communications Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.91 26.48 20.59 11.92 4.63

Emmis Communications Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
Accounts Receivable 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 11.92 18.21 13.79 5.60 4.63

Emmis Communications Accounts Receivable Calculation

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


Emmis Communications 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.

Emmis Communications's Days Sales Outstanding for the quarter that ended in Feb. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=4.627/10.444*91
=40.43

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

Emmis Communications's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2020 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)
=(93.036+0.75 * 4.627+0.5 * 0-102.085
-0--0.017)/0
=N/A

* 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.


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.


Emmis Communications Accounts Receivable Related Terms

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Emmis Communications (Emmis Communications) Business Description

Traded in Other Exchanges
N/A
Address
40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
Executives
Paul V. Brenner officer: President 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
James M Dubin director ONE MADISON PLACE, HARRISON NY 10528
Herbert Simon other: Member of 10% owner 13d group 115 W WASHINGTON ST, INDIANAPOLIS IN 46204
Hsjs, Llc other: Member of 10% owner 13d group C/O MELVIN SIMON & ASSOCIATES, 225 W WASHINGTON ST, INDIANAPOLIS IN 46204
2012 Retention Plan Trust 10 percent owner 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Michelle Duncan Bergman director 25 WEST ROAD, SHORT HILLS NJ 07078
Joseph R Siegelbaum director 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradley Louis Radoff 10 percent owner 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Group, Lllp Djd other: member of 10% owner group 4221 WEST BOY SCOUT BOULEVARD, SUITE 1000, TAMPA FL 33607
Family Foundation Radoff 10 percent owner 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Defosset Don other: member of 10% owner group 4221 WEST BOY SCOUT BOULEVARD, SUITE 1000, TAMPA FL 33607
Smith Management Llc 10 percent owner 885 THIRD AVENUE, 34TH FLOOR, NEW YORK NY 10022
Alden Global Capital Ltd 10 percent owner THIRD FLOOR, ONE WAVERLEY PLACE, UNION STREET, ST. HELIER Y9 JE2 3RF

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