Synaptics (Synaptics) Accounts Receivable

: $127 Mil (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Synaptics's accounts receivables for the quarter that ended in Dec. 2023 was $127 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Synaptics's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 48.74.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Synaptics's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-8.83.

Synaptics Accounts Receivable Historical Data

The historical data trend for Synaptics'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.

* Premium members only.

Synaptics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Accounts Receivable

230.00

195.30

228.30

322.10

163.90

Synaptics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable																255.00	218.20	163.90	111.20	126.60

Synaptics Accounts Receivable Calculation

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

Synaptics 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	126.6	/	237	*	91
=	48.74

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

Synaptics'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)
=	(848.7	+	0.75 * 126.6	+	0.5 * 125.1	-	1353
-	0	-	0)	/	39.2878
=	-8.83

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.

Synaptics Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Synaptics's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.

Synaptics (Synaptics) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SJN:Germany SJN:Germany

Address

1109 McKay Drive, San Jose, CA, USA, 95131

Website

https://www.synaptics.com

Synaptics Inc is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.

Executives

Vikram Gupta	officer: See Remarks	1109 MCKAY DRIVE, SAN JOSE CA 95131
John Mcfarland	officer: SVP and General Counsel	1251 MCKAY DR., SAN JOSE CA 95131
Dean Warren Butler	officer: See Remarks	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Saleel Awsare	officer: See Remarks	C/O SIGMA DESIGN, INC., 47467 FREMONT BLVD., FREMONT CA 94538
Michael E. Hurlston	director, officer: See remarks below	5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kiva A. Allgood	director	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Vivie Lee	director	126 SIERRA POINT ROAD, BRISBANE CA 94005
James L Whims	director	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Kermit Nolan	officer: See Remarks	1251 MCKAY DRIVE, SAN JOSE CA 95131
Jeffrey D Buchanan	director	C/O SMITH & WESSON, 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Patricia Lorraine Kummrow	director	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Craig Browning Stein	officer: Please see remarks	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Nelson C Chan	director	C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Susan J Hardman	director	1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Richard L Sanquini	director	14087 LOMA RIO DR, SARATOGA CA 95070