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Kopin (KOPN) Change In Receivables : $-4.45 Mil (TTM As of Dec. 2023)


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What is Kopin Change In Receivables?

Kopin's change in receivables for the quarter that ended in Dec. 2023 was $-0.66 Mil. It means Kopin's Accounts Receivable increased by $0.66 Mil from Sep. 2023 to Dec. 2023 .

Kopin's change in receivables for the fiscal year that ended in Dec. 2023 was $-4.45 Mil. It means Kopin's Accounts Receivable increased by $4.45 Mil from Dec. 2022 to Dec. 2023 .

Kopin's Accounts Receivable for the quarter that ended in Dec. 2023 was $9.71 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. Kopin's Days Sales Outstanding for the three months ended in Dec. 2023 was 103.25.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Kopin's liquidation value for the three months ended in Dec. 2023 was $8.68 Mil.


Kopin Change In Receivables Historical Data

The historical data trend for Kopin'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.

* Premium members only.

Kopin Change In Receivables Chart

Kopin Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.78 -5.56 -1.99 4.97 -4.45

Kopin 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 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 3.52 0.51 -2.18 -2.13 -0.66

Kopin 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 $-4.45 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.


Kopin  (NAS:KOPN) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=9.706/8.578*91
=103.25

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

Kopin'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)
=17.403-19.803+0.75 * 9.706+0.5 * 7.602
=8.68

* 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.


Kopin Change In Receivables Related Terms

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Kopin (KOPN) Business Description

Industry
Traded in Other Exchanges
Address
125 North Drive, Westborough, MA, USA, 01581-3335
Kopin Corp is a developer, manufacturer, and seller of components, subassemblies, and head-worn and hand-held systems. It serves soldiers, avionic, armored vehicles and training and simulation military applications, and others. The company's product portfolio includes LCD; ferroelectric liquid crystal on silicon devices (FLCoS); Organic Light Emitting Diodes (OLED) and others. Geographically, it derives a majority of its revenue from the Americas and also has a presence in Asia-Pacific; Europe, and Other Countries.
Executives
Fan John C C officer: CEO & President 695 MYLES STANDISH BLVD, TAUNTON MA 02780
Scott L Anchin director 16990 GOLDENTOP ROAD, SUITE A, SAN DIEGO CA 92127
Hsieh Chi Chia Dr director MICROCELECTRONICS TECHNOLOGY INC, 1 INNOVATION RD II HISINCHU SCIENCE BASE, HSINCH 30077 TAIWAN ROC F5 02780
James K Brewington director 600 MOUNTAIN AVE, MURRAY HILL NJ 07974
Michael Andrew Murray officer: CEO KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01851
Morton Collins director
Paul Christopher Baker officer: Strategic Business Officer C/O KOPIN CORPORATION, 125 NORTH DRIVE, WESTBOROUGH MA 01581
Jill Janice Avery director 381 BEACON STREET, BOSTON MA 02116
David Brook director 6 DUSTON LANE, ACTON MA 01720
Richard Sneider officer: CFO 695 MYLES STANDISH BLVD, TAUNTON MA 02780
Hong K Choi officer: CTO C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Bor Yeu Tsaur officer: Executive Vice President C/O KOPIN CORP, 695 MYLAS STANDISH BLVD, TAVNTON MA 02780
Osgood Richard Hoe Iii director 20 HUNTER RANCH ROAD, NAPA CA 94558
Goertek Inc. 10 percent owner NO. 268, DONGFANG ROAD, HIGH-TECH INDUSTRIAL DEVELOPMENT ZONE, WEIFANG, SHANDONG PROVINCE F4 261031
Andrew Chapman director NARAD NETWORKS, 515 GROTON ROAD, WESTFORD MA 01886