InterDigital (InterDigital) Change In Receivables

: $-64.1 Mil (TTM As of Dec. 2023)

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InterDigital's change in receivables for the quarter that ended in Dec. 2023 was $-47.7 Mil. It means InterDigital's Accounts Receivable increased by $47.7 Mil from Sep. 2023 to Dec. 2023 .

InterDigital's change in receivables for the fiscal year that ended in Dec. 2023 was $-64.1 Mil. It means InterDigital's Accounts Receivable increased by $64.1 Mil from Dec. 2022 to Dec. 2023 .

InterDigital's Accounts Receivable for the quarter that ended in Dec. 2023 was $117.3 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. InterDigital's Days Sales Outstanding for the three months ended in Dec. 2023 was 101.43.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. InterDigital's liquidation value for the three months ended in Dec. 2023 was $-94.9 Mil.

InterDigital Change In Receivables Historical Data

The historical data trend for InterDigital'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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InterDigital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

6.74

11.35

-15.10

-22.07

-64.11

InterDigital 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																349.86	-90.86	-92.76	167.22	-47.72

InterDigital 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 $-64.1 Mil.

InterDigital (NAS:IDCC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	117.292	/	105.518	*	91
=	101.43

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

InterDigital'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)
=	1006.356	-	1189.265	+	0.75 * 117.292	+	0.5 * 0
=	-94.9

InterDigital Change In Receivables Related Terms

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InterDigital (InterDigital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » InterDigital Inc (NAS:IDCC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

IDI:Germany IDI:Germany

Address

200 Bellevue Parkway, Suite 300, Wilmington, DE, USA, 19809-3727

Website

https://www.interdigital.com

InterDigital Inc is a research and development company focused on wireless, visual, and related technologies. It designs and develops technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. The majority of revenue is generated from fixed-fee patent license agreements, with a smaller portion coming from variable royalty agreements. Geographically it operates in the United States, China, South Korea, Japan, Taiwan, and Europe, Out of which the majority is from the United States.

Executives

Joshua D. Schmidt	officer: CLO & Corp Sec	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Rajesh Pankaj	officer: Chief Technology Officer	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eeva K. Hakoranta	officer: Chief Licensing Officer	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809
Eric Cohen	officer: Chief Strategy& Growth Officer	5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Pierre-yves Lesaicherre	director	C/O INTERDIGITAL, INC., 200 BELLEVUE PKWY, STE 300, WILMINGTON DE 19809
Markley John D. Jr.	director	COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314
Samir Armaly	director	C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
John A Kritzmacher	director	C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Jean F Rankin	director	1110 AMERICAN PARKWAY NE, ALLENTOWN PA 18109
Richard Brezski	officer: Chief Accounting Officer	781 THIRD AVENUE, KING OF PRUSSIA PA 19406-1409
Derek K Aberle	director	5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Henry Tirri	officer: Chief Technology Officer	400 ATLANTIC STREET, SUITE 1500, STAMFORD CT 06901
Stewart D Hutcheson	director	5887 COPLEY DRIVE, SAN DIEGO CA 92111
Joan H Gillman	director	C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130
Lawrence Liren Chen	director, officer: President and CEO	200 BELLEVUE PARKWAY, SUITE 300, WILMINGTON DE 19809