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Indie Semiconductor (FRA:48H) Accounts Receivable : €48.2 Mil (As of Mar. 2024)


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What is Indie Semiconductor Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Indie Semiconductor's accounts receivables for the quarter that ended in Mar. 2024 was €48.2 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Indie Semiconductor's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 91.36.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Indie Semiconductor's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was €-0.97.


Indie Semiconductor Accounts Receivable Historical Data

The historical data trend for Indie Semiconductor'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.

Indie Semiconductor Accounts Receivable Chart

Indie Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Accounts Receivable
4.86 12.25 24.96 58.32

Indie Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 23.00 32.22 40.74 58.32 48.23

Indie Semiconductor Accounts Receivable Calculation

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


Indie Semiconductor 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.

Indie Semiconductor's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=48.225/48.165*91
=91.36

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

Indie Semiconductor's Net-Net Working Capital Per Share for the quarter that ended in Mar. 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)
=(127.12+0.75 * 48.225+0.5 * 34.867-314.803
-0-26.306)/166.104
=-0.97

* 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.


Indie Semiconductor Accounts Receivable Related Terms

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Indie Semiconductor (FRA:48H) Business Description

Traded in Other Exchanges
Address
32 Journey, Aliso Viejo, CA, USA, 92656
Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.

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