GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » iRobot Corp (NAS:IRBT) » Definitions » Accounts Receivable

IRBT (iRobot) Accounts Receivable : $101.3 Mil (As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is iRobot Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. iRobot's accounts receivables for the quarter that ended in Sep. 2024 was $101.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. iRobot's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 47.80.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. iRobot's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-8.83.


iRobot Accounts Receivable Historical Data

The historical data trend for iRobot'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.

iRobot Accounts Receivable Chart

iRobot Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146.16 170.53 160.64 66.03 79.39

iRobot Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 73.46 79.39 39.32 68.13 101.33

iRobot Accounts Receivable Calculation

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


iRobot 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.

iRobot's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=101.326/193.435*91
=47.80

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

iRobot's Net-Net Working Capital Per Share for the quarter that ended in Sep. 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)
=(99.447+0.75 * 101.326+0.5 * 149.156-519.753
-0-0)/30.559
=-8.83

* 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.


iRobot Accounts Receivable Related Terms

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


iRobot Business Description

Address
8 Crosby Drive, Bedford, MA, USA, 01730
iRobot Corp is a united state based consumer robot company. It designs and builds robots that assist consumers with the solutions for the activities to be carried both inside and outside of the home. The company's consumer robot comprises a portfolio of solutions which includes cleaning, mapping and navigation, human-robot interaction, and physical solutions. The company operates in the business segment of Consumer robots. The consumer robot products are provided to the consumers by retail businesses and online store. The company derives its revenue from the product sales. It sells the products across the United States and around the world.
Executives
Julie Zeiler officer: EVP, Chief Financial Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Angle Colin M director, 10 percent owner, officer: Chief Executive Officer 352 BEACON STREET, BOSTON MA 02116
Faris Habbaba officer: Chief R&D Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Deborah G Ellinger director ONE CVS DR, WOONSOCKET RI 02895
Mohamad Ali director 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Karen Golz director ONE TECHNOLOGY WAY, NORWOOD MA 02062
David Keith Hartsfield officer: Chief Product Officer C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Ruey Bin Kao director CHINA HOLDINGS ACQUISITION CORP., 33 RIVERSIDE AVENUE, 5TH FLOOR, WESTPORT CT 06880
Andrew Miller director 111 MCINNIS PARKWAY, SAN RAFAEL CA 94903
Jean Jacques Blanc officer: Chief Commercial Officer IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730
Elisha W Finney director C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Glen Daniel Weinstein officer: VP and General Counsel IROBOT CORPORATION, 63 SOUTH AVENUE, BURLINGTON MA 01803
Russell J Campanello officer: SVP Human Resources C/O PHASE FORWARD INCORPORATED, 77 FOURTH AVENUE, WALTHAM X1 02451
Michelle Stacy director 33 COFFEE LANE, WATERBURY VT 05676
Timothy Saeger officer: EVP Engineering C/O IROBOT CORPORATION, 8 CROSBY DRIVE, BEDFORD MA 01730