Frequency Electronics (Frequency Electronics) Accounts Receivable : $5.41 Mil (As of Jan. 2024)

View and export this data going back to 1983. Start your Free Trial

What is Frequency Electronics Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Frequency Electronics's accounts receivables for the quarter that ended in Jan. 2024 was $5.41 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Frequency Electronics's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 36.00.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Frequency Electronics's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-1.45.

Frequency Electronics Accounts Receivable Historical Data

The historical data trend for Frequency Electronics'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.

Frequency Electronics Accounts Receivable Chart

Frequency Electronics Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Accounts Receivable

Get a 7-Day Free Trial

6.36

4.39

5.52

4.29

4.62

Frequency Electronics Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Accounts Receivable	Get a 7-Day Free Trial															5.13	4.62	6.39	3.78	5.41

Frequency Electronics Accounts Receivable Calculation

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

Frequency Electronics 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.

Frequency Electronics's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5.41	/	13.714	*	91
=	36.00

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

Frequency Electronics's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 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)
=	(11.663	+	0.75 * 5.41	+	0.5 * 23.159	-	41.071
-	0	-	0)	/	9.48632
=	-1.45

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.

Frequency Electronics Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Frequency Electronics's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Frequency Electronics (Frequency Electronics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frequency Electronics Inc (NAS:FEIM) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

98K:Germany

Address

55 Charles Lindbergh Boulevard, Mitchel Field, NY, USA, 11553

Website

https://www.frequencyelectronics.com

Frequency Electronics Inc is engaged in the design, development, and manufacture of high-precision timing, and frequency control products for space, air, sea, and terrestrial applications. The company has FEI-NY and FEI-Zyfer reportable segments. It derives the majority of its revenues from the FEI-NY segment. FEI-NY segment operations consist principally of precision time and frequency control products used in three principal markets namely communication satellites (both commercial and U.S. Government-funded); terrestrial cellular telephone or other ground-based telecommunication stations; and other components and systems for the U.S. military.

Executives

Russell M Sarachek	director	4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
Edenbrook Long Only Value Fund, Lp	director, 10 percent owner	EDENBROOK CAPITAL, LLC, 116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Steven E Strang	officer: President, FEI-Zyfer, Inc.	C/O FREQUENCY ELECTRONICS, INC., 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Thomas Mcclelland	officer: Vice President, Comml Products	C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Stanton D Sloane	director	COMTECH TELECOMMUNICATIONS CORP., 68 SOUTH SERVICE RD., SUITE 230, MELVILLE NY 11747
John Patrick Caulfield	officer: VP of Manufacturing	C/O FREQUENCY ELECTRONICS, 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11533
Edenbrook Capital, Llc	director, 10 percent owner	116 RADIO CIRCLE, SUITE 202, MT. KISCO NY 10549
Martin B Bloch	director, officer: President	FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Robert Schwartz	director	11552 PROSPEROUS DRIVE, ODESSA FL 33556
Jonathan Brolin	director, 10 percent owner	2 DEPOT PLAZA, 4TH FLOOR, BEDFORD HILLS NY 10507
Privet Fund Lp	10 percent owner, other: See Explanation of Responses	3280 PEACHTREE ROAD NE, SUITE 2670, Atlanta GA 30305
Oleandro Mancini	officer: Vice President, Bus. Develop	C/O FREQUENCY ELECTRONICS INC, 55 CHARLES LINDBERGH BLVD, MITCHEL FIELD NY 11553
Lance W Lord	director	1110 TRUMPETERS COURT, MONUMENT CO 80132
Steven Lawrence Bernstein	officer: Chief Financial Officer	C/O FREQUENCY ELECTRONICS INC., 55 CHARLES LINDBERGH BLVD., MITCHEL FIELD NY 11553
Ryan Levenson	10 percent owner, other: See Explanation of Responses	2396 DELLWOOD DRIVE, ATLANTA GA 30305