TAT Technologies (TAT Technologies) Change In Receivables : $-4.2 Mil (TTM As of Dec. 2023)

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What is TAT Technologies Change In Receivables?

TAT Technologies's change in receivables for the quarter that ended in Dec. 2023 was $-1.3 Mil. It means TAT Technologies's Accounts Receivable increased by $1.3 Mil from Sep. 2023 to Dec. 2023 .

TAT Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-4.2 Mil. It means TAT Technologies's Accounts Receivable increased by $4.2 Mil from Dec. 2022 to Dec. 2023 .

TAT Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $20.0 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. TAT Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.35.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. TAT Technologies's liquidation value for the three months ended in Dec. 2023 was $1.7 Mil.

TAT Technologies Change In Receivables Historical Data

The historical data trend for TAT Technologies'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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TAT Technologies Change In Receivables Chart

TAT Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-2.04

9.47

-2.93

-2.66

-4.21

TAT Technologies 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	Get a 7-Day Free Trial															-2.44	-2.01	3.14	-4.05	-1.28

TAT Technologies 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 $-4.2 Mil.

TAT Technologies (NAS:TATT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	20.009	/	31.837	*	91
=	57.35

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

TAT Technologies'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)
=	15.979	-	54.894	+	0.75 * 20.009	+	0.5 * 51.28
=	1.7

TAT Technologies Change In Receivables Related Terms

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TAT Technologies (TAT Technologies) Business Description

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TATT:Israel

Address

Hamelacha 5, Netanya, ISR, 4250540

Website

https://www.tat-technologies.com

TAT Technologies Ltd is a provider of solutions and services to the aerospace and defence industries focused mainly on the four segments: Original equipment manufacturing (OEM); MRO services for heat transfer; MRO services for aviation components; Overhaul and coating of jet engine components. The company design, develop and manufacture Heat Exchangers, Cooling Systems, Cold Plates, Vapor-Cycle Air Conditioning Systems (for both land and airborne applications) and flow accessories.