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Intuitive Surgical (Intuitive Surgical) Change In Receivables

: $-186 Mil (TTM As of Dec. 2023)
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Intuitive Surgical's change in receivables for the quarter that ended in Dec. 2023 was $-167 Mil. It means Intuitive Surgical's Accounts Receivable increased by $167 Mil from Sep. 2023 to Dec. 2023 .

Intuitive Surgical's change in receivables for the fiscal year that ended in Dec. 2023 was $-186 Mil. It means Intuitive Surgical's Accounts Receivable increased by $186 Mil from Dec. 2022 to Dec. 2023 .

Intuitive Surgical's Accounts Receivable for the quarter that ended in Dec. 2023 was $1,130 Mil.

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 Receivable are being managed. Intuitive Surgical's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.48.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Intuitive Surgical's liquidation value for the three months ended in Dec. 2023 was $4,637 Mil.


Intuitive Surgical Change In Receivables Historical Data

The historical data trend for Intuitive Surgical's Change In Receivables 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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 38.80 [6] => 5.70 [7] => -142.30 [8] => -159.30 [9] => -186.30 )
Intuitive Surgical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.80 5.70 -142.30 -159.30 -186.30

Intuitive Surgical Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables 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 Premium Member Only Premium Member Only Premium Member Only -92.10 16.90 22.40 -59.00 -166.60

Intuitive Surgical Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-186 Mil.

* 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.


Intuitive Surgical  (NAS:ISRG) Change In Receivables 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 Receivable are being managed.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1130.2/1928.3*91
=53.48

2. In Ben Graham's calculation of liquidation value, Intuitive Surgical's accounts receivable are only considered to be worth 75% of book value:

Intuitive Surgical's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=5223.2-2044.2+0.75 * 1130.2+0.5 * 1220.6
=4,637

* 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.


Intuitive Surgical Change In Receivables Related Terms

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Intuitive Surgical (Intuitive Surgical) Business Description

Address
1020 Kifer Road, Sunnyvale, CA, USA, 94086-5304
Intuitive Surgical develops, produces, and markets a robotic system for assisting minimally invasive surgery. It also provides the instrumentation, disposable accessories, and warranty services for the system. The company has placed more than 8,000 da Vinci systems in hospitals worldwide, with nearly 5,000 installations in the U.S. and a growing number in emerging markets.
Executives
Alan J Levy director C/O INTUITIVE SURGICAL INC, 1266 KIFER RD, SUNNYVALE CA 94086
Robert Desantis officer: Executive VP & GM IA&E C/O INTUITIVE SURGICAL, INC., 1020 KIFER ROAD, SUNNYVALE CA 94086
Sreelakshmi Kolli director C/O ALIGN TECHNOLOGY INC., 2820 ORCHARD PARKWAY, SAN JOSE CA 94131
Gary S Guthart director, officer: President & CEO, other: President & CEO C/O INTUITIVE SURGICAL INC, 1266 KIFER RD, SUNNYVALE CA 94086
Amy L Ladd director INTUITIVE SURGICAL, INC, 1020 KIFER RD, SUNNYVALE CA 94086
Craig H Barratt director
Marshall Mohr officer: SVP & CFO C/O INTUITIVE SURGICAL, INC, 1266 KIFER ROAD, SUNNYVALE CA 94086
Mark J Rubash director
David J. Rosa officer: Sr VP Emerging Procedures & Te 1266 KIFER ROAD, SUNNYVALE CA 94086
Fredrik Widman officer: VP Corporate Controller 1020 KIFER ROAD, 1020 KIFER ROAD, SUNNYVALE CA 94086
Myriam Curet officer: SVP & Chief Medical Officer, other: SVP & Chief Medical Officer 1020 KIFER ROAD, SUNNYVALE CA 94086
Michele Dimartino officer: See Remarks 1020 KIFER ROAD, SUNNYVALE CA 94086
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Gary Loeb officer: General Counsel & CCO 5885 HOLLIS ST., SUITE 100, EMERYVILLE CA 94608
Henry L Charlton officer: Senior Vice President & Chief 1020 KIFER ROAD, 1020 KIFER ROAD, SUNNYVALE CA 94086

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