Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Change In Receivables

: $1 Mil (TTM As of Dec. 2023)

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Kratos Defense & Security Solutions's change in receivables for the quarter that ended in Dec. 2023 was $34 Mil. It means Kratos Defense & Security Solutions's Accounts Receivable declined by $34 Mil from Sep. 2023 to Dec. 2023 .

Kratos Defense & Security Solutions's change in receivables for the fiscal year that ended in Dec. 2023 was $1 Mil. It means Kratos Defense & Security Solutions's Accounts Receivable declined by $1 Mil from Dec. 2022 to Dec. 2023 .

Kratos Defense & Security Solutions's Accounts Receivable for the quarter that ended in Dec. 2023 was $129 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. Kratos Defense & Security Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.89.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kratos Defense & Security Solutions's liquidation value for the three months ended in Dec. 2023 was $-387 Mil.

Kratos Defense & Security Solutions Change In Receivables Historical Data

The historical data trend for Kratos Defense & Security Solutions'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.

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Kratos Defense & Security Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-13.20

-0.10

-13.10

-27.30

1.30

Kratos Defense & Security Solutions 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																-26.10	-26.00	8.20	-14.80	33.90

Kratos Defense & Security Solutions 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 $1 Mil.

Kratos Defense & Security Solutions (NAS:KTOS) 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.

Kratos Defense & Security Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	128.7	/	273.8	*	91
=	42.89

2. In Ben Graham's calculation of liquidation value, Kratos Defense & Security Solutions's accounts receivable are only considered to be worth 75% of book value:

Kratos Defense & Security Solutions'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)
=	72.8	-	634	+	0.75 * 128.7	+	0.5 * 156.2
=	-387

Kratos Defense & Security Solutions Change In Receivables Related Terms

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Kratos Defense & Security Solutions (Kratos Defense & Security Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Kratos Defense & Security Solutions Inc (NAS:KTOS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

WF5A:Germany WF5A:Germany

Address

1 Chisholm Trail, Suite 300, Round Rock, TX, USA, 78681

Website

https://www.kratosdefense.com

Kratos Defense & Security Solutions Inc develops and fields transformative, affordable technology, platforms, and systems. The company has two segments; The Kratos Government Solutions (KGS) segment is comprised of an aggregation of KGS operating segments, including its microwave electronic products, space, training, and cybersecurity, C5ISR/modular systems, turbine technologies, and defense and rocket support services operating segments and The Unmanned Systems segment consists of unmanned aerial, unmanned ground, unmanned seaborne and related command, control, and communications system businesses. The company derives a majority of its revenue from the Kratos Government Solutions segment.

Executives

Phillip D Carrai	officer: President, TTS Division	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Deanna Hom Lund	officer: Senior Vice President & CFO	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Steven S. Fendley	officer: President, US Division	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Mills Thomas E Iv	officer: Modular Systems Div. President	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Marie Mendoza	officer: VP & General Counsel	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Stacey G Rock	officer: President, KTT Division	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Bradley L Boyd	director	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Daniel J Hagen	director	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Benjamin M. Goodwin	officer: President, PSS Division	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jonah Adelman	officer: Pres., Microwave Elec. Div.	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Jane Elizabeth Judd	director	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Cervantes De Burgreen Maria	officer: VP & Corporate Controller	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Samuel N Liberatore	director	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Eric M Demarco	director, officer: President & CEO	10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131
Scott I Anderson	director	C/O KRATOS DEFENSE & SECURITY SOLUTIONS, 10680 TREENA STREET, SUITE 600, SAN DIEGO CA 92131