Seagate Technology Holdings (Seagate Technology Holdings) Change In Receivables

: $369 Mil (TTM As of Dec. 2023)

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Seagate Technology Holdings's change in receivables for the quarter that ended in Dec. 2023 was $50 Mil. It means Seagate Technology Holdings's Accounts Receivable declined by $50 Mil from Sep. 2023 to Dec. 2023 .

Seagate Technology Holdings's change in receivables for the fiscal year that ended in Jun. 2023 was $911 Mil. It means Seagate Technology Holdings's Accounts Receivable declined by $911 Mil from Jun. 2022 to Jun. 2023 .

Seagate Technology Holdings's Accounts Receivable for the quarter that ended in Dec. 2023 was $471 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. Seagate Technology Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 27.64.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Seagate Technology Holdings's liquidation value for the three months ended in Dec. 2023 was $-7,296 Mil.

Seagate Technology Holdings Change In Receivables Historical Data

The historical data trend for Seagate Technology 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.

* Premium members only.

Seagate Technology Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Receivables

204.00

-127.00

-42.00

-374.00

911.00

Seagate Technology Holdings 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																258.00	-154.00	373.00	100.00	50.00

Seagate Technology 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $369 Mil.

Seagate Technology Holdings (NAS:STX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	471	/	1555	*	91
=	27.64

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

Seagate Technology Holdings'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)
=	787	-	8963	+	0.75 * 471	+	0.5 * 1053
=	-7,296

Seagate Technology Holdings Change In Receivables Related Terms

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Seagate Technology Holdings (Seagate Technology Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Seagate Technology Holdings PLC (NAS:STX) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

STX:Mexico 847:Germany 847:Germany 847:Germany STXH:Austria

Address

38/39 Fitzwilliam Square, Dublin, IRL, D02 NX53

Website

https://www.seagate.com

Seagate is a leading supplier of hard disk drives for data storage to the enterprise and consumer markets. It forms a practical duopoly in the market with its chief rival, Western Digital; they are both vertically integrated.

Executives

Ban Seng Teh	officer: SVP, Sales	47488 KATO ROAD, FREMONT CA 94538
Katherine Schuelke	officer: SVP, CLO & Corporate Secretary	47488 KATO ROAD, FREMONT CA 94538
John Christopher Morris	officer: SVP, HDD & SDD Products & CTO	1280 DISC DRIVE, SHAKOPEE MN 55379
William D Mosley	officer: President & COO	SEAGATE TECHNOLOGY, 47488 KATO ROAD, FREMONT CA 94538
Gianluca Romano	officer: EVP & CFO	47488 KATO ROAD, FREMONT CA 94538
Dylan G. Haggart	director	ONE LETTERMAN DRIVE, BUILDING D, FOURTH FLOOR, SAN FRANCISCO CA 94129
Edward J Zander	director	MOTOROLA, INC., 1303 E. ALGONQUIN ROAD, SCHAUMBURG IL 60196
Kian Fatt Chong	officer: SVP, Global Operations	AVE 5, WOODLANDS U0 121
Jeffrey D. Nygaard	officer: Executive Vice President	47488 KATO ROAD, FREMONT CA 94538
Robert A Bruggeworth	director	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Richard L Clemmer	director	P O BOX 34552, LAS VEGAS NV 89129
Stephen J Luczo	director, officer: Chairman and CEO
Jay L Geldmacher	director	5810 VAN ALLEN WAY, CARLSBAD CA 92008
Yolanda Lee Conyers	director	47488 KATO ROAD, FREMONT CA 94538
Stephanie Tilenius	director	C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588