Qorvo's change in receivables for the quarter that ended in Dec. 2023 was $109 Mil. It means Qorvo's Accounts Receivable
declined by $109 Mil
from Sep. 2023 to Dec. 2023 .
Qorvo's change in receivables for the fiscal year that ended in Mar. 2023 was $265 Mil. It means Qorvo's Accounts Receivable
declined by $265 Mil
from Mar. 2022 to Mar. 2023 .
Qorvo's Accounts Receivable for the quarter that ended in Dec. 2023 was $484 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.
Qorvo's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 41.11.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qorvo's liquidation value for the
three
months ended in Dec. 2023 was $-1,263 Mil.
Qorvo Change In Receivables Historical Data
The historical data trend for Qorvo'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.
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 $-116 Mil.
* 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.
Qorvo (NAS:QRVO) 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.
Qorvo's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Qorvo Change In Receivables Related Terms
Thank you for viewing the detailed overview of Qorvo's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.
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