UFP Technologies (UFP Technologies) Change In Receivables : $-12.1 Mil (TTM As of Dec. 2023)

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What is UFP Technologies Change In Receivables?

UFP Technologies's change in receivables for the quarter that ended in Dec. 2023 was $-6.3 Mil. It means UFP Technologies's Accounts Receivable increased by $6.3 Mil from Sep. 2023 to Dec. 2023 .

UFP Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-12.1 Mil. It means UFP Technologies's Accounts Receivable increased by $12.1 Mil from Dec. 2022 to Dec. 2023 .

UFP Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $64.4 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. UFP Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.94.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. UFP Technologies's liquidation value for the three months ended in Dec. 2023 was $-29.3 Mil.

UFP Technologies Change In Receivables Historical Data

The historical data trend for UFP Technologies'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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UFP Technologies Change In Receivables Chart

UFP Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.33

2.22

-6.86

-15.91

-12.11

UFP Technologies 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	Get a 7-Day Free Trial															3.93	-4.86	-3.94	3.02	-6.32

UFP Technologies 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 $-12.1 Mil.

UFP Technologies (NAS:UFPT) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	64.449	/	101.497	*	91
=	57.94

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

UFP Technologies'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)
=	5.263	-	118.045	+	0.75 * 64.449	+	0.5 * 70.191
=	-29.3

UFP Technologies Change In Receivables Related Terms

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UFP Technologies (UFP Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » UFP Technologies Inc (NAS:UFPT) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

UFP:Germany

Address

100 Hale Street, Newburyport, MA, USA, 01950-3504

Website

https://www.ufpt.com

UFP Technologies Inc is a designer and custom manufacturer of components, subassemblies, products and packaging utilizing highly specialized foams, films, and plastics primarily for the medical market. The company manufactures its products by converting raw materials using laminating, molding, radio frequency and impulse welding and fabricating manufacturing techniques. It is an important link in the medical device supply chain and a valued outsource partner to many of the top medical device manufacturers in the world. The company's single-use and single-patient devices and components are used in a wide range of medical devices, disposable wound care products, infection prevention, minimally invasive surgery, wearables, orthopedic soft goods, and orthopedic implant packaging.

Executives

R Jeffrey Bailly	director, 10 percent owner, officer: President and CEO	100 HALE STREET, NEWBURYPORT MA 01950
Mitchell Rock	officer: Vice President	C/O UFP TECHNOLOGIES, INC., 172 EAST MAIN STREET, GEORGETOWN MA 01833
Jason Holt	officer: Vice President	100 HALE STREET, NEWBURYPORT MA 01950
Symeria Hudson	director	100 HALE STREET, NEWBURYPORT MA 01950
Joseph Hassett	director	ONE TECHNOLOGY WAY, NORWOOD MA 02062
Daniel C Croteau	director	C/O LYNCH, BREWER, HOFFMAN & FINK, LLP, 75 FEDERAL STREET, 7TH FLOOR, BOSTON MA 02110
Cynthia L Feldmann	director	17 WINTHROP ROAD, WAYLAND MA 01778
Christopher P. Litterio	officer: Senior Vice President	C/O UFP TECHNOLOGIES, INC., 100 HALE STREET, NEWBURYPORT MA 02143
Ronald J Lataille	officer: Chief Financial Officer
Thomas Oberdorf	director	C/O GETTY IMAGES, INC., 601 N 34TH ST, SEATTLE WA 98103
Marc D Kozin	director
Steve Cardin	officer: Vice President	100 HALE STREET, NEWBURYPORT MA 01950
Daniel J Shaw	officer: Vice President
W David Smith	officer: Vice President	172 EAST MAIN STREET, GEORGETOWN MA 01833
Pierce Robert W Jr	director	C/O UFP TECHNOLOGIES, INC., 172 EAST MAIN STREET, GEORGETOWN MA 01833