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Mellanox Technologies (FRA:ZZE) Accounts Receivable : €244 Mil (As of Mar. 2020)


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What is Mellanox Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Mellanox Technologies's accounts receivables for the quarter that ended in Mar. 2020 was €244 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Mellanox Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2020 was 57.30.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Mellanox Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2020 was €11.50.


Mellanox Technologies Accounts Receivable Historical Data

The historical data trend for Mellanox Technologies'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.

Mellanox Technologies Accounts Receivable Chart

Mellanox Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 77.36 134.40 130.31 132.40 206.89

Mellanox Technologies Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 151.97 177.31 183.93 206.89 243.67

Mellanox Technologies Accounts Receivable Calculation

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


Mellanox Technologies 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.

Mellanox Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=243.672/388.015*91
=57.30

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

Mellanox Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2020 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)
=(848.876+0.75 * 243.672+0.5 * 126.772-448.564
-0-0)/56.2352
=11.50

* 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.


Mellanox Technologies Accounts Receivable Related Terms

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Mellanox Technologies (FRA:ZZE) Business Description

Traded in Other Exchanges
N/A
Address
Beit Mellanox, Yokneam, ISR, 20692
Mellanox Technologies Ltd is engaged in the development, manufacturing, marketing and sales of end-to-end Ethernet and InfiniBand intelligent interconnect solutions and services for servers, storage, and hyper-converged infrastructure. The company offers integrated circuits, adapter cards, switch systems, cables, modules, software, services, and accessories. The company supplies its products mainly to the storage and communications infrastructure equipment vendors. The company operates its business mainly in United States, Europe, China, Japan, India, Taiwan and Australia.

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