GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Intevac Inc (NAS:IVAC) » Definitions » Accounts Receivable

Intevac (Intevac) Accounts Receivable : $18.22 Mil (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Intevac Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Intevac's accounts receivables for the quarter that ended in Dec. 2023 was $18.22 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Intevac's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 128.81.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Intevac's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $2.40.


Intevac Accounts Receivable Historical Data

The historical data trend for Intevac'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.

* Premium members only.

Intevac Accounts Receivable Chart

Intevac Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.47 22.71 14.16 15.40 18.22

Intevac Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Accounts Receivable Get a 7-Day Free Trial 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 21.89 20.21 27.98 18.22 25.14

Intevac Accounts Receivable Calculation

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


Intevac 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=18.22/12.907*91
=128.81

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

Intevac'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)
=(68.846+0.75 * 18.22+0.5 * 43.795-40.989
-0-0)/26.396
=2.40

* 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.


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.


Intevac Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Intevac's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Intevac (Intevac) Business Description

Traded in Other Exchanges
Address
3560 Bassett Street, Santa Clara, CA, USA, 95054
Intevac Inc designs and develops high-productivity, thin-film processing systems. The company's production-proven platforms are designed for high-volume manufacturing of substrates with precise thin-film properties, such as the hard disk drive, display cover panel. The Thin Film Equipment segment also previously designed, developed and marketed manufacturing equipment for the photovoltaic solar cell and semiconductor packaging industries. Geographically, majority of revenue is generated from Asia.
Executives
Kevin Soulsby officer: Chief Financial Officer, 3560 BASSETT STREET, SANTA CLARA CA 95054
Nigel Hunton director, officer: President and CEO 3560 BASSETT STREET, SANTA CLARA CA 95056
Michele Klein director 469 MINOCA ROAD, PORTOLA VALLEY CA 94028
James P Moniz officer: Chief Financial Officer, 1383 E. CAMPBELL AVENUE, CAMPBELL CA 95008
Bleichroeder Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, 47TH FLOOR, NEW YORK NY 10105
David S Dury director C/O INTEVAC INC, 3560 BASSETT STREET, SANTA CLARA CA 95054
Kevin D Barber director 1251 MCKAY DRIVE, SAN JOSE CA 95131
Dickinson Colin John officer: V.P. of Operations 3560 BASSETT STREET, SANTA CLARA CA 95054
Timothy Justyn officer: VP, Operations
Wendell Thomas Blonigan officer: President & CEO INTEVAC, INC., 3560 BASSETT STREET, SANTA CLARA CA 95054
Jay Cho officer: EVP & General Manager 3560 BASSETT STREET, SANTA CLARA CA 95054
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Stephen Jamison director 32 INDEPENDENCE ROAD, BEDFORD X1 01730
21 April Fund, Ltd. 10 percent owner Citco Fund Services (Cayman Islands) Ltd, Regatta Office Park West Bay Road, GRAND CAYMAN E9 KY1-1205
Mark Popovich director 24 MACKENZIE LANE, COTO DE CAZA X1 92679

Intevac (Intevac) Headlines

From GuruFocus

Intevac to Announce Third Quarter Results on November 2nd

By Business Wire Business Wire 10-25-2022

Chuck Royce Increases Stake in Intevac Inc

By GuruFocus Research 01-24-2024

Intevac to Announce Second Quarter Results on August 3rd

By Business Wire Business Wire 07-12-2022

Intevac Announces Participation in 25th Annual Needham Growth Conference

By Business Wire Business Wire 01-03-2023