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United States Cellular (STU:US7) Change In Receivables : €-21 Mil (TTM As of Mar. 2024)


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What is United States Cellular Change In Receivables?

United States Cellular's change in receivables for the quarter that ended in Mar. 2024 was €17 Mil. It means United States Cellular's Accounts Receivable declined by €17 Mil from Dec. 2023 to Mar. 2024 .

United States Cellular's change in receivables for the fiscal year that ended in Dec. 2023 was €-3 Mil. It means United States Cellular's Accounts Receivable increased by €3 Mil from Dec. 2022 to Dec. 2023 .

United States Cellular's Accounts Receivable for the quarter that ended in Mar. 2024 was €807 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. United States Cellular's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. United States Cellular's liquidation value for the three months ended in Mar. 2024 was €-4,678 Mil.


United States Cellular Change In Receivables Historical Data

The historical data trend for United States Cellular'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.

United States Cellular Change In Receivables Chart

United States Cellular Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -128.70 -50.96 -126.56 -243.55 -2.75

United States Cellular 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 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 35.49 3.69 7.50 -48.60 16.56

United States Cellular 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 €-21 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.


United States Cellular  (STU:US7) 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.

United States Cellular's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=806.84/874*91
=84.24

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

United States Cellular'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)
=170.2-5533.8+0.75 * 806.84+0.5 * 161
=-4,678

* 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.


United States Cellular Change In Receivables Related Terms

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United States Cellular (STU:US7) Business Description

Traded in Other Exchanges
Address
8410 West Bryn Mawr, Chicago, IL, USA, 60631
U.S. Cellular is a regional wireless carrier that serves about 5 million customers spread across four major geographic clusters: the Midwest, mid-Atlantic, New England, and the Pacific Northwest. These service territories encompass a total population of about 32 million people. The vast majority of the markets the firm serves are rural or second/third-tier cities, with only the greater Milwaukee and Oklahoma City regions boasting populations greater than 1 million. U.S. Cellular also owns a 5.5% stake in Verizon Wireless' Los Angeles operations and, unlike its wireless carrier peers, owns most of its own towers.

United States Cellular (STU:US7) Headlines

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