Stock Analysis on Net

Twenty-First Century Fox Inc. (NASDAQ:FOX)

This company has been moved to the archive! The financial data has not been updated since February 6, 2019.

Analysis of Bad Debts

Microsoft Excel

Allowance for doubtful accounts receivable (bad debts) is a contra account which reduce the balance of the company gross accounts receivable. The relationship between the allowance and the balance in receivables should be relatively constant unless there is a change in the economy overall or a change in customer base.


Allowance for Doubtful Accounts Receivable

Microsoft Excel
Jun 30, 2018 Jun 30, 2017 Jun 30, 2016 Jun 30, 2015 Jun 30, 2014 Jun 30, 2013
Selected Financial Data (US$ in millions)
Allowances for returns and doubtful accounts 388 537 576 506 815 899
Receivables, gross 8,232 7,557 7,223 6,812 7,737 6,795
Financial Ratio
Allowance as a percentage of receivables, gross1 4.71% 7.11% 7.97% 7.43% 10.53% 13.23%

Based on: 10-K (reporting date: 2018-06-30), 10-K (reporting date: 2017-06-30), 10-K (reporting date: 2016-06-30), 10-K (reporting date: 2015-06-30), 10-K (reporting date: 2014-06-30), 10-K (reporting date: 2013-06-30).

1 2018 Calculation
Allowance as a percentage of receivables, gross = 100 × Allowances for returns and doubtful accounts ÷ Receivables, gross
= 100 × 388 ÷ 8,232 = 4.71%

Financial ratio Description The company
Allowance as a percentage of receivables, gross Allowance for doubtful accounts divided by the gross accounts receivable. Twenty-First Century Fox Inc. allowance as a percentage of receivables, gross decreased from 2016 to 2017 and from 2017 to 2018.