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Oxford Instruments (Oxford Instruments) Accounts Receivable : $132.7 Mil (As of Sep. 2023)


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What is Oxford Instruments Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Oxford Instruments's accounts receivables for the quarter that ended in Sep. 2023 was $132.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Oxford Instruments's Days Sales Outstanding for the quarter that ended in Sep. 2023 was 93.29.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Oxford Instruments's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was $0.21.


Oxford Instruments Accounts Receivable Historical Data

The historical data trend for Oxford Instruments'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.

Oxford Instruments Accounts Receivable Chart

Oxford Instruments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.24 73.89 82.25 98.55 112.14

Oxford Instruments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 119.37 98.55 133.86 112.14 132.67

Oxford Instruments Accounts Receivable Calculation

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


Oxford Instruments 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.

Oxford Instruments's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=132.673/259.53*91
=93.29

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

Oxford Instruments's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(125.866+0.75 * 132.673+0.5 * 128.837-277.847
-0-0)/57.8404
=0.21

* 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.


Oxford Instruments Accounts Receivable Related Terms

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Oxford Instruments (Oxford Instruments) Business Description

Traded in Other Exchanges
Address
Tubney Woods, Abingdon, Oxfordshire, GBR, OX13 5QX
Oxford Instruments PLC is engaged in the research, development, manufacture, rental, sale, and service of high technology tools and systems. The company's operating segment includes Materials and Characterisation; Research and Discovery and Service and Healthcare. It generates maximum revenue from the Materials and Characterisation segment. The Materials and Characterisation segment focuses on applied R&D and commercial customers, enabling the fabrication and characterisation of materials and devices down to the atomic scale. Geographically, it derives a majority of revenue from Asia and also has a presence in Rest of Europe, UK, Japan, China, Germany and Rest of World.