SMART Global Holdings (SMART Global Holdings) Change In Receivables : $88 Mil (TTM As of Nov. 2023)

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What is SMART Global Holdings Change In Receivables?

SMART Global Holdings's change in receivables for the quarter that ended in Nov. 2023 was $49 Mil. It means SMART Global Holdings's Accounts Receivable declined by $49 Mil from Aug. 2023 to Nov. 2023 .

SMART Global Holdings's change in receivables for the fiscal year that ended in Aug. 2023 was $163 Mil. It means SMART Global Holdings's Accounts Receivable declined by $163 Mil from Aug. 2022 to Aug. 2023 .

SMART Global Holdings's Accounts Receivable for the quarter that ended in Nov. 2023 was $171 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. SMART Global Holdings's Days Sales Outstanding for the three months ended in Nov. 2023 was 56.76.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. SMART Global Holdings's liquidation value for the three months ended in Nov. 2023 was $-429 Mil.

SMART Global Holdings Change In Receivables Historical Data

The historical data trend for SMART Global Holdings'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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SMART Global Holdings Change In Receivables Chart

SMART Global Holdings Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Change In Receivables

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35.24

-12.35

-47.77

-97.80

162.52

SMART Global Holdings Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Change In Receivables	Get a 7-Day Free Trial															123.10	85.13	-13.75	-31.96	48.66

SMART Global Holdings 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $88 Mil.

SMART Global Holdings (NAS:SGH) 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.

SMART Global Holdings's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	170.59	/	274.247	*	91
=	56.76

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

SMART Global Holdings's liquidation value for the quarter that ended in Nov. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	553.444	-	1214.856	+	0.75 * 170.59	+	0.5 * 208.441
=	-429

SMART Global Holdings Change In Receivables Related Terms

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SMART Global Holdings (SMART Global Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SMART Global Holdings Inc (NAS:SGH) » Definitions » Change In Receivables

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850:Germany

Address

1390 McCarthy Boulevard, Milpitas, CA, USA, 94560

Website

https://www.sghcorp.com

SMART Global Holdings Inc is a designer and manufacturer of electronic products focused on memory and computing technology areas. It specializes in application-specific product development and support for customers in the enterprise, government and original equipment manufacturer (OEM) markets. It operates in three segments such as Memory Solutions in which Memory Solutions group, under our SMART Modular brand, provides high performance and reliable memory solutions through the design, development and advanced packaging of leading-edge to extended lifecycle products. Intelligent Platform Solutions in their IPS group, under our Penguin Solutions and newly acquired Stratus Technologies brands, offers specialized platform solutions and services for high-performance computing.

Executives

Jack A Pacheco	officer: EVP, COO, Pres, Mem Solutions	SMART MODULAR TECHNOLOGIES (WWH), INC., 4211 STARBOARD DRIVE, FREMONT CA 94538
Joseph Gates Clark	officer: President, LED Solutions	C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Ken Rizvi	officer: SVP and CFO	39870 EUREKA DRIVE, NEWARK CA 94560-4809
David C Laurello	officer: President - IPS	C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Mark Adams	director, officer: President and CEO	834 TERRACE DRIVE, LOS ALTOS CA 94024
Anne Kuykendall	officer: SVP and Chief Legal Officer	C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Sandeep Nayyar	director	C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Mary G Puma	director	AXCELIS TECHNOLOGIES INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Thierry Pellegrino	officer: SVP, Pres. Spec. Computing	C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Penny Herscher	director	1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Mark D Papermaster	director	ONE AMD PLACE, SUNNYVALE CA 94088
Claude Demby	officer: SVP, Pres. Cree LED	C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Ajay Shah	director	2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025
Mukesh Patel	director	C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Silver Lake (offshore) Aiv Gp Iii, Ltd.	10 percent owner	C/O SILVER LAKE PARTNERS, 2775 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025