GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Genius Sports Ltd (NYSE:GENI) » Definitions » Change In Receivables

Genius Sports (Genius Sports) Change In Receivables : $-40.9 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Genius Sports Change In Receivables?

Genius Sports's change in receivables for the quarter that ended in Mar. 2024 was $-18.1 Mil. It means Genius Sports's Accounts Receivable increased by $18.1 Mil from Dec. 2023 to Mar. 2024 .

Genius Sports's change in receivables for the fiscal year that ended in Dec. 2023 was $-31.6 Mil. It means Genius Sports's Accounts Receivable increased by $31.6 Mil from Dec. 2022 to Dec. 2023 .

Genius Sports's Accounts Receivable for the quarter that ended in Mar. 2024 was $100.3 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. Genius Sports's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.42.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Genius Sports's liquidation value for the three months ended in Mar. 2024 was $-52.0 Mil.


Genius Sports Change In Receivables Historical Data

The historical data trend for Genius Sports'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.

* Premium members only.

Genius Sports Change In Receivables Chart

Genius Sports Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
-9.28 -9.54 -37.68 -11.12 -31.56

Genius Sports Quarterly Data
Dec18 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 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 -8.80 -12.82 -15.22 5.28 -18.12

Genius Sports Change In Receivables Calculation

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 $-40.9 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.


Genius Sports  (NYSE:GENI) 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.

Genius Sports's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=100.264/119.718*91
=76.42

2. In Ben Graham's calculation of liquidation value, Genius Sports's accounts receivable are only considered to be worth 75% of book value:

Genius Sports'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)
=67.532-194.887+0.75 * 100.264+0.5 * 0.254
=-52.0

* 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.


Genius Sports Change In Receivables Related Terms

Thank you for viewing the detailed overview of Genius Sports's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Genius Sports (Genius Sports) Business Description

Traded in Other Exchanges
N/A
Address
10 Bloomsbury Way, 9th Floor, London, GBR, WC1A 2SL
Genius Sports Ltd is a B2B provider of scalable, technology-led products and services to the sports, sports betting, and sports media industries. Its services are organized into three key product areas including Sports Technology and Services; Betting Technology, Content and Services; and Media Technology, Content and Services. All of its products are powered by proprietary technology and robust data infrastructure. It generates maximum revenue from the Betting Technology, Content and Services division. Geographically, the company derives a majority of its revenue from Europe.