Logitech International (Logitech International) Accounts Receivable

: $686 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Logitech International's accounts receivables for the quarter that ended in Dec. 2023 was $686 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Logitech International's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 49.84.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Logitech International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $4.39.

Logitech International Accounts Receivable Historical Data

The historical data trend for Logitech 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.

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Logitech International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Accounts Receivable

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383.31

394.74

612.23

675.60

630.38

Logitech International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															802.44	630.38	562.60	656.90	685.78

Logitech International Accounts Receivable Calculation

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

Logitech 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.

Logitech International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	685.777	/	1255.473	*	91
=	49.84

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

Logitech International's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(1412.65	+	0.75 * 685.777	+	0.5 * 447.262	-	1469.838
-	0	-	0)	/	154.998
=	4.39

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.

Logitech International Accounts Receivable Related Terms

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Logitech International (Logitech International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Logitech International SA (NAS:LOGI) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

LOGI:Mexico LOGNz:UK 0QK6:UK LOGNE:Switzerland LOGN:Switzerland

Address

EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015

Website

https://www.logitech.com

Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.

Executives

Samantha Harnett	officer: General Counsel	1836 CLEMENS ROAD, OAKLAND CA 94602
Charles D Boynton	officer: Chief Financial Officer
Prakash Arunkundrum	officer: Head of Global Operations	C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Kwok Wang Ng	director	C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Sascha Zahnd	director	C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Christopher Richardson Jones	director	1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Patrick Aebischer	director	C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Nathan Olmstead	officer: Principal Accounting Officer	C/O LOGITECH INC., 7700 GATEWAY BOULEVARD, NEWARK CA 94560
Riet Cadonau	director	C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Bracken Darrell	officer: President	2000 M-63N, BENTON HARBOR MI 49022
Didier Hirsch	director	5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Neela Montgomery	director	C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Deborah Thomas	director	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Guy Gecht	director
Michael B Polk	director	100 DEFOREST AVE, EAST HANOVER NJ 07936