Advantest (Advantest) Change In Receivables : $-9 Mil (TTM As of Dec. 2023)

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What is Advantest Change In Receivables?

Advantest's change in receivables for the quarter that ended in Dec. 2023 was $-55 Mil. It means Advantest's Accounts Receivable increased by $55 Mil from Sep. 2023 to Dec. 2023 .

Advantest's change in receivables for the fiscal year that ended in Mar. 2023 was $-117 Mil. It means Advantest's Accounts Receivable increased by $117 Mil from Mar. 2022 to Mar. 2023 .

Advantest's Accounts Receivable for the quarter that ended in Dec. 2023 was $591 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. Advantest's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.24.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Advantest's liquidation value for the three months ended in Dec. 2023 was $74 Mil.

Advantest Change In Receivables Historical Data

The historical data trend for Advantest'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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Advantest Change In Receivables Chart

Advantest Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Receivables

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-127.13

56.89

-86.16

-163.34

-116.58

Advantest 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															14.93	-149.46	276.60	-81.17	-55.15

Advantest 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 $-9 Mil.

Advantest (OTCPK:ATEYY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	590.624	/	925.348	*	91
=	58.24

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

Advantest'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)
=	525.88	-	1617.18	+	0.75 * 590.624	+	0.5 * 1444.311
=	74

Advantest Change In Receivables Related Terms

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Advantest (Advantest) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Advantest Corp (OTCPK:ATEYY) » Definitions » Change In Receivables

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ADTTF:USA 6857:Japan VAN:Germany

Address

1-6-2, Marunouchi, Shin-Marunouchi Center Building, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

http://www.advantest.co.jp

Advantest Corp is a Japan-based company that manufactures and distributes semiconductor test systems and mechatronic products for applications in testing and measurement, healthcare, nanotechnology and other end markets. The firm's product portfolio includes integrated circuit test systems, e-beam lithography, scanning electron microscopy metrology, solid state drive test systems, terahertz spectroscopy, and other electronic measuring instruments. The firm has operations in Japan, the United States, Europe, Singapore, China, Taiwan, and Korea.

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