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ARRIS International (ARRIS International) Accounts Receivable : $1,226 Mil (As of Dec. 2018)


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What is ARRIS International Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ARRIS International's accounts receivables for the quarter that ended in Dec. 2018 was $1,226 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ARRIS International's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 62.60.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ARRIS International's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-13.28.


ARRIS International Accounts Receivable Historical Data

The historical data trend for ARRIS International's Accounts Receivable 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.

ARRIS International Accounts Receivable Chart

ARRIS International Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 598.60 651.89 1,359.43 1,218.09 1,225.98

ARRIS International Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
Accounts Receivable 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 1,218.09 1,008.60 1,183.36 1,117.64 1,225.98

ARRIS International Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


ARRIS International Accounts Receivable 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 receivables are being managed.

ARRIS International's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1225.975/1787.142*91
=62.60

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), ARRIS International's accounts receivable are only considered to be worth 75% of book value:

ARRIS International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(735.471+0.75 * 1225.975+0.5 * 740.205-4322.021
-0-14.007)/174
=-13.28

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


ARRIS International Accounts Receivable Related Terms

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ARRIS International (ARRIS International) Business Description

Traded in Other Exchanges
N/A
Address
3871 Lakefield Drive, Suwanee, GA, USA, 30024
ARRIS International PLC is a media entertainment and data communications solutions provider. Its innovations combine hardware, software, and services across the cloud, network, and home to power TV and Internet for millions of people around the globe. It operates in two business segments, Customer Premises Equipment, and Network & Cloud. It specializes in enabling multichannel video programming distribution including cable, telephone, and digital broadcast satellite operatorion. It operates manufacturing facilities in Taipei, Taiwan; Tijuana, Mexico, and Manaus, Brazil.