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Ixia (XXIA) Change In Receivables : $18.5 Mil (TTM As of Dec. 2016)


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What is Ixia Change In Receivables?

Ixia's change in receivables for the quarter that ended in Dec. 2016 was $-7.5 Mil. It means Ixia's Accounts Receivable increased by $7.5 Mil from Sep. 2016 to Dec. 2016 .

Ixia's change in receivables for the fiscal year that ended in Dec. 2016 was $18.5 Mil. It means Ixia's Accounts Receivable declined by $18.5 Mil from Dec. 2015 to Dec. 2016 .

Ixia's Accounts Receivable for the quarter that ended in Dec. 2016 was $103.4 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. Ixia's Days Sales Outstanding for the three months ended in Dec. 2016 was 73.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Ixia's liquidation value for the three months ended in Dec. 2016 was $-11.1 Mil.


Ixia Change In Receivables Historical Data

The historical data trend for Ixia'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.

Ixia Change In Receivables Chart

Ixia Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.77 3.42 10.06 -22.40 18.54

Ixia Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -16.27 26.21 5.88 -6.08 -7.47

Ixia 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. 2016 adds up the quarterly data reported by the company within the most recent 12 months, which was $18.5 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.


Ixia  (NAS:XXIA) 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.

Ixia's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=103.395/128.163*91
=73.62

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

Ixia's liquidation value for the quarter that ended in Dec. 2016 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=143.01-246.03+0.75 * 103.395+0.5 * 28.657
=-11.1

* 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.


Ixia Change In Receivables Related Terms

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Ixia (XXIA) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ixia was founded in 1997 and is headquartered in Calabasas, California. The Company provides application performance and security resilience network test and network visibility solutions that validate, secure, and optimize businesses' physical and virtual networks. The Company has operations in EMEA and Asia Pacific region. It offers an always-on user experience through fast, secure delivery of dynamic, connected technologies and services. The Company uses direct sales force to market and sell its products and solutions and has number of ongoing programs to support the sale and distribution of products and solutions and to inform existing and potential customers, partners and distributors about the capabilities and benefits of systems. The Company serves network equipment manufacturers, service providers, enterprises and government agencies. The Company competes with network test and monitoring solution vendors such as Spirent Communications, Gigamon, Danaher, Aeroflex, JDS Uniphase, and NetScout.
Executives
Bethany Mayer director, officer: President and CEO C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Gail Hamilton director 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Ilan Daskal director 1000 ALFRED NOBEL DRIVE, HERCULES CA 94547
Brent T Novak officer: Chief Financial Officer C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Jonathan Fram director NONE, SEATTLE WA 98101
Graaf Raymond De officer: Sr. Vice President, Operations C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Thomas B Miller officer: Chief Financial Officer C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302
Pictet Overseas Trust Corp Ltd 10 percent owner BAYSIDE EXECUTIVE PARK, BUILDING NO. 1, WEST BAY STREET AND BLAKE ROAD, NASSAU C5 0000000000
Atul Bhatnagar director, officer: President and CEO C/O IXIA, 26601 WEST AGOURA ROAD, CALABASAS CA 91302

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