External DAC+receiver or unnecessary?

[zumasurfer]

I want to hook up a receiver and speakers to my Apple TV (to stream and listen to lossless music files). Do most new receivers (like Denon AVR-1612 or OnkyoTX-NR509) have good enough built-in DAC's to make it unnecessary to buy a separate DAC?

 

[Irvrobinson]

The receiver's DACs are indeed good enough. No other DACs are necessary.