AXT (STU:AHV) Change In Receivables : €-4.35 Mil (TTM As of Mar. 2024)

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

What is AXT Change In Receivables?

AXT's change in receivables for the quarter that ended in Mar. 2024 was €-5.59 Mil. It means AXT's Accounts Receivable increased by €5.59 Mil from Dec. 2023 to Mar. 2024 .

AXT's change in receivables for the fiscal year that ended in Dec. 2023 was €8.53 Mil. It means AXT's Accounts Receivable declined by €8.53 Mil from Dec. 2022 to Dec. 2023 .

AXT's Accounts Receivable for the quarter that ended in Mar. 2024 was €23.05 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. AXT's Days Sales Outstanding for the three months ended in Mar. 2024 was 100.78.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AXT's liquidation value for the three months ended in Mar. 2024 was €4.92 Mil.

AXT Change In Receivables Historical Data

The historical data trend for AXT'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.

AXT Change In Receivables Chart

AXT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

0.40

-4.38

-8.63

4.28

8.53

AXT Quarterly Data
	Jun19	Sep19	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															7.46	0.70	0.80	-0.26	-5.59

AXT 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 €-4.35 Mil.

AXT (STU:AHV) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	23.053	/	20.873	*	91
=	100.78

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

AXT'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)
=	25.263	-	77.163	+	0.75 * 23.053	+	0.5 * 79.068
=	4.92

AXT Change In Receivables Related Terms

Thank you for viewing the detailed overview of AXT's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

AXT (STU:AHV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » AXT Inc (STU:AHV) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AXTI:USA AHV:Germany

Address

4281 Technology Drive, Fremont, CA, USA, 94538

Website

http://www.axt.com

AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.

AXT (STU:AHV) Headlines

No Headlines