TE Connectivity (TE Connectivity) Accounts Receivable

: $2,828 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. TE Connectivity's accounts receivables for the quarter that ended in Dec. 2023 was $2,828 Mil.

Accounts receivable can be measured by Days Sales Outstanding. TE Connectivity's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 67.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. TE Connectivity's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-16.98.

TE Connectivity Accounts Receivable Historical Data

The historical data trend for TE Connectivity'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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TE Connectivity Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Accounts Receivable

2,320.00

2,377.00

2,928.00

2,865.00

2,967.00

TE Connectivity Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																2,910.00	3,048.00	2,998.00	2,967.00	2,828.00

TE Connectivity Accounts Receivable Calculation

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

TE Connectivity 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2828	/	3831	*	91
=	67.36

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

TE Connectivity'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)
=	(1170	+	0.75 * 2828	+	0.5 * 2783	-	9822
-	0	-	113)	/	309.419
=	-16.98

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.

TE Connectivity Accounts Receivable Related Terms

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TE Connectivity (TE Connectivity) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TE Connectivity Ltd (NYSE:TEL) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

Muhlenstrasse 26, Schaffhausen, CHE, CH-8200

Website

https://www.te.com

TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.

Executives

Terrence R Curtin	director, officer: EVP & Chief Financial Officer	C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312
John S Jenkins	officer: EVP & General Counsel	1050 WESTLAKES DRIVE, BERWYN PA 19312
Heath A Mitts	officer: EVP & Chief Financial Officer	1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Malavika Sagar	officer: SVP, Chief Human Resources Off	1050 WESTLAKES DRIVE, BERWYN PA 19312
Jean-pierre Clamadieu	director	1050 WESTLAKES DRIVE, BERWYN PA 19312
Shadrak W Kroeger	officer: Pres., Communications Solution	1050 WESTLAKES DRIVE, BERWYN PA 19312
Abhijit Y Talwalkar	director	ONE AMD PLACE, PO BOX 3453, SUNNYVALE CA 94088
Tim Murphy	officer: SVP & CHRO	1050 WESTLAKES DRIVE, BERWYN PA 19312
Thomas J Lynch	director, officer: Chief Executive Officer	7 LAKEVIEW DRIVE, NEWTOWN PA 19840
Syaru Shirley Lin	director
Robert J Ott	officer: Sr VP & Controller	C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Steven T Merkt	officer: President, Transportation Sol.	1050 WESTLAKES DRIVE, BERWYN PA 19312
Daniel J Phelan	director	C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312
Aaron Kyle Stucki	officer: Pres. Communications Solutions	1050 WESTLAKES DRIVE, BERWYN PA 19312
Eric Resch	director, officer: SVP and Tax Officer	C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312