Aspen Aerogels (Aspen Aerogels) Change In Receivables : $-12.6 Mil (TTM As of Dec. 2023)

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What is Aspen Aerogels Change In Receivables?

Aspen Aerogels's change in receivables for the quarter that ended in Dec. 2023 was $-15.6 Mil. It means Aspen Aerogels's Accounts Receivable increased by $15.6 Mil from Sep. 2023 to Dec. 2023 .

Aspen Aerogels's change in receivables for the fiscal year that ended in Dec. 2023 was $-12.6 Mil. It means Aspen Aerogels's Accounts Receivable increased by $12.6 Mil from Dec. 2022 to Dec. 2023 .

Aspen Aerogels's Accounts Receivable for the quarter that ended in Dec. 2023 was $70.0 Mil.

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 Receivable are being managed. Aspen Aerogels's Days Sales Outstanding for the three months ended in Dec. 2023 was 75.84.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Aspen Aerogels's liquidation value for the three months ended in Dec. 2023 was $-3.2 Mil.

Aspen Aerogels Change In Receivables Historical Data

The historical data trend for Aspen Aerogels's Change In Receivables 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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Aspen Aerogels Change In Receivables Chart

Aspen Aerogels Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-6.69

16.23

-4.64

-37.04

-12.55

Aspen Aerogels Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															-30.31	9.97	3.28	-10.23	-15.58

Aspen Aerogels Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-12.6 Mil.

Aspen Aerogels (NYSE:ASPN) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	69.995	/	84.219	*	91
=	75.84

2. In Ben Graham's calculation of liquidation value, Aspen Aerogels's accounts receivable are only considered to be worth 75% of book value:

Aspen Aerogels's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	139.723	-	214.993	+	0.75 * 69.995	+	0.5 * 39.189
=	-3.2

Aspen Aerogels Change In Receivables Related Terms

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Aspen Aerogels (Aspen Aerogels) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Aspen Aerogels Inc (NYSE:ASPN) » Definitions » Change In Receivables

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Traded in Other Exchanges

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Address

30 Forbes Road, Building B, Northborough, MA, USA, 01532

Website

https://www.aerogel.com

Aspen Aerogels Inc is an aerogel technology company that designs, develops and manufactures high-performance aerogel insulation used in the energy infrastructure, building materials and electric vehicle markets. The company also conducts research and development related to aerogel technology supported by funding from several agencies of the United States of America government and other institutions in the form of research and development contracts. It is engaged in Energy Industrial and Thermal Barrier. Geographically, it operates in the U.S. and also has a presence in other International countries. Some of its products include Pyrogel XTE; Cryogel Z; and others.

Executives

Gregg Landes	officer: VP, Innovation & Strategic Dev	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Keith L Schilling	officer: Sr. Vice President, Technology	24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
Santhosh P Daniel	officer: Chief Accounting Officer	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Steven R Mitchell	director	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Stephanie Pittman	officer: Chief Human Resources Officer	C/O ASPEN AEROGELS, INC., 30 FORBES RD., BUILDING B, NORTHBOROUGH MA 01532
Mark L Noetzel	director	1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
Donald R Young	director, officer: President and CEO	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
James E Sweetnam	director	DANA HOLDING CORPORATION, 3939 TECHNOLOGY DRIVE, MAUMEE OH 43537
Wood River Capital, Llc	10 percent owner	4111 E. 37TH STREET N, WICHITA KS 67220
Kathleen Kool	director	8500 SW CREEKSIDE PLACE, BEAVERTON OR 97008
Virginia Johnson	officer: CLO, GC and Secretary	30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Ricardo C. Rodriguez	officer: SVP, CFO & Treasurer	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532
Koch Industries Inc	10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Robert M. Gervis	director	1000 ABERNATHY ROAD N.E., SUITE 1200, ATLANTA GA 30328
Kelley Conte	officer: Vice President,Human Resources	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532