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Seagate Technology Accounts Receivable

: $801 Mil (As of Dec. 2020)
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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Seagate Technology's accounts receivables for the quarter that ended in Dec. 2020 was $801 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Seagate Technology's Days Sales Outstanding for the quarter that ended in Dec. 2020 was 27.87.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Seagate Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2020 was $-20.59.


Seagate Technology Accounts Receivable Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.

* Premium members only.

Seagate Technology Annual Data
Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20
Accounts Receivable Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,318.00 1,199.00 1,184.00 989.00 1,115.00

Seagate Technology Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Accounts Receivable 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 Premium Member Only Premium Member Only Premium Member Only 1,112.00 1,160.00 1,115.00 866.00 801.00

Seagate Technology Accounts Receivable Calculation

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


Seagate Technology 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.

Seagate Technology's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=801/2623*91
=27.87

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

Seagate Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2020 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)
=(1799+0.75 * 801+0.5 * 1318-7996
-0-0)/239.75
=-20.59

* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.


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.


Seagate Technology Accounts Receivable Related Terms


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