Qualcomm (NAS:QCOM) Accounts Receivable

: $3,960 Mil (As of Dec. 2022)

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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Qualcomm's accounts receivables for the quarter that ended in Dec. 2022 was $3,960 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Qualcomm's Days Sales Outstanding for the quarter that ended in Dec. 2022 was 38.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Qualcomm's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was $-14.77.

Qualcomm Accounts Receivable Historical Data

The historical data trend for Qualcomm'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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Qualcomm Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Accounts Receivable

2,667.00

1,046.00

2,687.00

2,214.00

4,175.00

Qualcomm Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Accounts Receivable																4,032.00	4,084.00	3,804.00	4,175.00	3,960.00

Qualcomm Accounts Receivable Calculation

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

Qualcomm 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.

Qualcomm's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3960	/	9463	*	91
=	38.19

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

Qualcomm's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 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)
=	(8238	+	0.75 * 3960	+	0.5 * 6932	-	31204
-	0	-	0)	/	1119
=	-14.77

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.

Qualcomm Accounts Receivable Related Terms

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Qualcomm (NAS:QCOM) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

QCOM:Peru QCOM:Mexico 0QZ3:UK QCI:Germany QCOM34:Brazil QCOM:Austria QCOM:Argentina

Address

5775 Morehouse Drive, San Diego, CA, USA, 92121-1714

Website

https://www.qualcomm.com

Qualcomm develops and licenses wireless technology and designs chips for smartphones. The company's key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G and 4G networks. The firm is a leader in 5G network technology as well. Qualcomm's IP is licensed by virtually all wireless device makers. The firm is also the world's largest wireless chip vendor, supplying nearly every premier handset maker with leading-edge processors. Qualcomm also sells RF-front end modules into smartphones and chips into automotive and Internet of Things markets.

Executives

Neil Martin	officer: SVP, Finance and CAO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
James J Cathey	officer: Chief Commercial Officer	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Ann C Chaplin	officer: General Counsel&Corp Secretary	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Sylvia Acevedo	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Gregory N Johnson	director	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Jean-pascal Tricoire	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Jamie S Miller	director	GENERAL ELECTRIC COMPANY, 5 NECCO STREET, BOSTON MA 02210
Heather S Ace	officer: EVP, Human Resources	3721 VALLEY CENTRE DR SUITE 500, SAN DIEGO CA 92130
Akash J. Palkhiwala	officer: SVP & Interim CFO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
David Wise	officer: Interim CFO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Erin L Polek	officer: SVP Corporate Controller & CAO	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Martin B Anstice	director	4650 CUSHING PARKWAY, FREMONT CA 94538
Irene B Rosenfeld	director	999 VANDERBILT BEACH ROAD, SUITE 601, NAPLES FL 34108
Steven M Mollenkopf	director, officer: Chief Executive Officer	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Neil Smit	director	C/O AMERICA ONLINE LATIN AMERICA, INC., 6600 N. ANDREWS AVE., SUITE 400, FT. LAUDERDALE FL 33309