nLight (nLight) Accounts Receivable : $39.6 Mil (As of Dec. 2023)

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What is nLight Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. nLight's accounts receivables for the quarter that ended in Dec. 2023 was $39.6 Mil.

Accounts receivable can be measured by Days Sales Outstanding. nLight's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 69.61.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. nLight's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $2.46.

nLight Accounts Receivable Historical Data

The historical data trend for nLight'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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nLight Accounts Receivable Chart

nLight Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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27.13

31.82

41.57

37.91

39.59

nLight Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															37.91	36.14	46.25	35.52	39.59

nLight Accounts Receivable Calculation

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

nLight 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	39.585	/	51.892	*	91
=	69.61

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

nLight'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)
=	(112.882	+	0.75 * 39.585	+	0.5 * 52.16	-	52.384
-	0	-	0)	/	47.266
=	2.46

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.

nLight Accounts Receivable Related Terms

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nLight (nLight) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » nLight Inc (NAS:LASR) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

4637 NW 18th Avenue, Camas, WA, USA, 98607

Website

https://www.nlight.net

nLight Inc is a United States-based company engaged in providing semiconductor and fiber lasers for industrial, microfabrication, and aerospace and defense applications. It operates in two segments: Laser Products, which includes semiconductor lasers, fiber lasers, and directed energy products; and Advanced Development segment includes revenue earned from research and development contracts. The majority of its revenue is generated from the Laser segment. The company's geographical segments include North America, China, and the Rest of the world.

Executives

Joseph John Corso	officer: Chief Financial Officer	4637 NW 18TH AVE, CAMAS WA 98607
James Nias	officer: Chief Accounting Officer	4637 NW 18TH AVENUE, CAMAS WA 98607
Scott H Keeney	director, officer: President and CEO	5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Ran Bareket	officer: CFO	1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Camille Nichols	director	5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Robert Martinsen	officer: Chief Technical Officer	5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Sixth Mdv Partners, L.l.c.	10 percent owner	777 MARINERS ISLAND BLVD., STE. 550, SAN MATEO CA 94404
David D. Osborne	director	5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Oak X Affiliates Fund Lp	10 percent owner	901 MAIN AVENUE, NORWALK CT 06851
Bandel L Carano	director, 10 percent owner	525 UNIVERSITY AVENUE, SUITE 1300, PALO ALTO CA 94301
Douglas C Carlisle	director, 10 percent owner	3000 SAND HILL RD, BLDG 4 STE 100, MENLO PARK CA 94025
Mv Management Ix Llc	10 percent owner	2884 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
William Gossman	director	5408 NE 88TH STREET, BUILDING E, VANCOUVER WA 98665
Menlo Entrepreneurs Fund Ix A Lp	10 percent owner	2884 SAND HILL RD, SUITE 100, MENLO PARK CA 94025
Menlo Entrepreneurs Fund Ix Lp	10 percent owner	3000 SAND HILL ROAD, BUILDING 4, SUITE 100, MENLO PARK CA 94025