Paramount Global (FRA:0VV) Receivables Turnover : 1.00 (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Paramount Global Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Paramount Global's Revenue for the three months ended in Jun. 2024 was €6,329 Mil. Paramount Global's average Accounts Receivable for the three months ended in Jun. 2024 was €6,304 Mil. Hence, Paramount Global's Receivables Turnover for the three months ended in Jun. 2024 was 1.00.

Paramount Global Receivables Turnover Historical Data

The historical data trend for Paramount Global's Receivables Turnover 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.

Paramount Global Receivables Turnover Chart

Paramount Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

3.89

3.49

4.23

4.32

4.02

Paramount Global Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Receivables Turnover	Get a 7-Day Free Trial															1.03	1.02	1.08	1.08	1.00

Competitive Comparison of Paramount Global's Receivables Turnover

For the Entertainment subindustry, Paramount Global's Receivables Turnover, along with its competitors' market caps and Receivables Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Paramount Global's Receivables Turnover Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Paramount Global's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Paramount Global's Receivables Turnover falls into.

Paramount Global Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Paramount Global's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	27190.884	/ (	(6996.928	+	6524.455)	/	2 )
=	27190.884	/	6760.6915
=	4.02

Paramount Global's Receivables Turnover for the quarter that ended in Jun. 2024 is calculated as

	Receivables Turnover (Q: Jun. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Jun. 2024 )	/ (	(Accounts Receivable (Q: Mar. 2024 )	+	Accounts Receivable (Q: Jun. 2024 ))	/	count )
=	6329.277	/ (	(6528.32	+	6080.305)	/	2 )
=	6329.277	/	6304.3125
=	1.00

Paramount Global (FRA:0VV) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Paramount Global Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Paramount Global's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Paramount Global Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Paramount Global (FRA:0VV) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

PARAA:USA PARA:USA PARA:Peru PARA:Mexico 0HQM:UK 0VVB:Germany C1BS34:Brazil PARA:Austria

Address

1515 Broadway, New York, NY, USA, 10036

Website

https://www.paramount.com

Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on Paramount's streaming platforms is created by the production studios housed within the firm's other two business segments.

Paramount Global Headlines

No Headlines