GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Aehr Test Systems (NAS:AEHR) » Definitions » Accounts Receivable

AEHR (Aehr Test Systems) Accounts Receivable : $8.56 Mil (As of Aug. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Aehr Test Systems Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Aehr Test Systems's accounts receivables for the quarter that ended in Aug. 2024 was $8.56 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Aehr Test Systems's Days Sales Outstanding for the quarter that ended in Aug. 2024 was 59.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Aehr Test Systems's Net-Net Working Capital per share for the quarter that ended in Aug. 2024 was $1.43.


Aehr Test Systems Accounts Receivable Historical Data

The historical data trend for Aehr Test Systems's Accounts Receivable 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.

Aehr Test Systems Accounts Receivable Chart

Aehr Test Systems Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.72 5.20 12.86 16.59 9.80

Aehr Test Systems Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.16 4.57 5.47 9.80 8.56

Aehr Test Systems Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.


Aehr Test Systems Accounts Receivable 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.

Aehr Test Systems's Days Sales Outstanding for the quarter that ended in Aug. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=8.561/13.119*91
=59.55

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Aehr Test Systems's accounts receivable are only considered to be worth 75% of book value:

Aehr Test Systems's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2024 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(37.83+0.75 * 8.561+0.5 * 42.973-23.379
-0-0)/29.5837
=1.43

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


Aehr Test Systems Accounts Receivable Related Terms

Thank you for viewing the detailed overview of Aehr Test Systems's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.


Aehr Test Systems Business Description

Traded in Other Exchanges
Address
400 Kato Terrace, Fremont, CA, USA, 94539
Aehr Test Systems is engaged in test systems for burning-in and testing logic, optical, and memory integrated circuits. Increased quality and reliability needs of the Automotive and Mobility integrated circuit markets. The Company operates in one business segment, the designing, manufacturing, marketing and selling of advanced test and burn-in products to the semiconductor manufacturing industry in several geographic areas. The company provides production solutions across the product manufacturing flow to improve yield and reliability and has developed and introduced several inventive products, including the ABTSTM and FOX-PTM families of test and burn-in systems and FOX WaferPakTM Aligner, FOX-XP WaferPak Contactor, FOX DiePak Carrier and FOX DiePak Loader.
Executives
Howard T Slayen director 15353 BARRANCA PARKWAY, IRVINE CA 92618
Fariba Danesh director
Alistair N Sporck officer: VP, CONTACTOR BUSINESS UNIT C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Gayn Erickson director, officer: President & CEO C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Richmond Donald P. Ii officer: VP of Engineering C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Vernon Rogers officer: Exe. VP. of Sales & Marketing C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Chris Siu officer: EXECUTIVE V.P. FINANCE & CFO C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Geoffrey Gates Scott director C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Laura Oliphant director C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Rhea J Posedel officer: CEO and Chairman C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Kenneth B. Spink officer: VP OF FINANCE & CFO C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
David S Hendrickson officer: VP of Engineering 400 KATO TERRACE, FREMONT CA 94539
Mario M Rosati director, officer: Secretary 650 PAGE MILL RD, PALO ALTO CA 94304
Adil Engineer officer: Chief Operating Officer C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Michael A. Brannan officer: VP of Operations C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539