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GuruFocus has detected 3 Warning Signs with Seagate Technology PLC $STX.
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Seagate Technology PLC (NAS:STX)
Change In Receivables
$55 Mil (As of Mar. 2017)

Seagate Technology PLC's change in receivables for the quarter that ended in Mar. 2017 was $55 Mil. It means Seagate Technology PLC's accounts receivables increased by $55 Mil from Dec. 2016 to Mar. 2017 .

Seagate Technology PLC's change in receivables for the fiscal year that ended in Jun. 2016 was $464 Mil. It means Seagate Technology PLC's accounts receivables increased by $464 Mil from Jun. 2015 to Jun. 2016 .

Seagate Technology PLC's accounts receivables for the quarter that ended in Mar. 2017 was $1,156 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 receivables are being managed. Seagate Technology PLC's days sales outstanding for the three months ended in Mar. 2017 was 39.45.

In Ben Graham’s calculation of liquidation value, Apple Inc's accounts receivables are only considered to be worth 75% of book value. Seagate Technology PLC's liquidation value for the three months ended in Mar. 2017 was $-3,719 Mil.


Definition

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.


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 receivables are being managed.

Seagate Technology PLC's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding
=Account Receivable/Revenue*Days in Period
=1156/2674*91
=39.45

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

Seagate Technology PLC's liquidation value for the quarter that ended in Mar. 2017 is calculated as:

Liquidation Value
=Cash and Cash Equivalents-Total Liabilities+(0.75 * Account Receivable)+(0.5 * Inventory)
=3026-8131+0.75 * 1156+0.5 * 1038
=-3,719

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Days Sales Outstanding, Account Receivable, Revenue, NCAV, Cash and Cash Equivalents, Total Liabilities, Inventory


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Seagate Technology PLC Annual Data

Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14Jun15Jun16
ChangeInReceivables 34-67372-367-263-90693322145464

Seagate Technology PLC Quarterly Data

Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16Mar17
ChangeInReceivables 876551213171147-67129855
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