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Innoviz Technologies (Innoviz Technologies) Change In Receivables : $1.72 Mil (TTM As of Mar. 2024)


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What is Innoviz Technologies Change In Receivables?

Innoviz Technologies's change in receivables for the quarter that ended in Mar. 2024 was $7.06 Mil. It means Innoviz Technologies's Accounts Receivable declined by $7.06 Mil from Dec. 2023 to Mar. 2024 .

Innoviz Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-5.63 Mil. It means Innoviz Technologies's Accounts Receivable increased by $5.63 Mil from Dec. 2022 to Dec. 2023 .

Innoviz Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was $0.34 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. Innoviz Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 4.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Innoviz Technologies's liquidation value for the three months ended in Mar. 2024 was $69.11 Mil.


Innoviz Technologies Change In Receivables Historical Data

The historical data trend for Innoviz 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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Innoviz Technologies Change In Receivables Chart

Innoviz Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -1.06 -1.49 1.99 -1.25 -5.63

Innoviz Technologies Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Receivables 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 -0.29 -0.33 -2.49 -2.52 7.06

Innoviz 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.72 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.


Innoviz Technologies  (NAS:INVZ) 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.

Innoviz Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.337/7.057*91
=4.36

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

Innoviz Technologies's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=123.447-55.592+0.75 * 0.337+0.5 * 2.012
=69.11

* 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.


Innoviz Technologies Change In Receivables Related Terms

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Innoviz Technologies (Innoviz Technologies) Business Description

Traded in Other Exchanges
N/A
Address
5 Uri Ariav street, Building C, Nitzba 300, Rosh HaAin, ISR, 4809202
Innoviz Technologies Ltd is a provider of solid-state LiDAR and perception solutions that feature technological breakthroughs across core components and bring enhanced vision and superior performance to enable safe autonomous driving at a mass scale. The company provides a complete and comprehensive solution for OEMs and Tier-1 partners that are developing and marketing autonomous driving vehicles to the passenger car and other relevant markets, such as robotaxis, shuttles, delivery vehicles, buses and trucks, and other industries that require 3-dimensional high resolution sensors. Company's solutions can enable safe autonomy for industries like logistics, drones, robotics, construction and other industrial applications, agriculture, smart city, smart infrastructures, security and mapping.