InterDigital (InterDigital) Accounts Receivable

: $117.3 Mil (As of Dec. 2023)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. InterDigital's accounts receivables for the quarter that ended in Dec. 2023 was $117.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. InterDigital's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 101.43.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. InterDigital's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-3.71.

InterDigital Accounts Receivable Historical Data

The historical data trend for InterDigital'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.

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InterDigital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

28.27

16.01

31.11

53.18

117.29

InterDigital Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																53.18	144.04	236.79	69.57	117.29

InterDigital Accounts Receivable Calculation

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

InterDigital 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	117.292	/	105.518	*	91
=	101.43

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

InterDigital's Net-Net Working Capital Per Share for the quarter that ended in Dec. 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)
=	(1006.356	+	0.75 * 117.292	+	0.5 * 0	-	1189.265
-	0	-	0)	/	25.58
=	-3.71

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.

InterDigital Accounts Receivable Related Terms

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InterDigital (InterDigital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » InterDigital Inc (NAS:IDCC) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

IDI:Germany IDI:Germany

Address

200 Bellevue Parkway, Suite 300, Wilmington, DE, USA, 19809-3727

Website

https://www.interdigital.com

InterDigital Inc is a research and development company focused on wireless, visual, and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, Out of which the majority is from the United States.

Executives

Joshua D. Schmidt	officer: CLO & Corp Sec	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Rajesh Pankaj	officer: Chief Technology Officer	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eeva K. Hakoranta	officer: Chief Licensing Officer	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eric Cohen	officer: Chief Strategy& Growth Officer	5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Pierre-yves Lesaicherre	director	C/O INTERDIGITAL, INC., 200 BELLEVUE PKWY, STE 300, WILMINGTON DE 19809
Markley John D. Jr.	director	COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314
Samir Armaly	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John A Kritzmacher	director	C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Jean F Rankin	director	1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Richard Brezski	officer: Chief Accounting Officer	781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Derek K Aberle	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Henry Tirri	officer: Chief Technology Officer	400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Stewart D Hutcheson	director	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Joan H Gillman	director	C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Lawrence Liren Chen	director, officer: President and CEO	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809