Odyssey Semiconductor Technologies (Odyssey Semiconductor Technologies) Accounts Receivable : $0.03 Mil (As of Dec. 2023)

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What is Odyssey Semiconductor Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Odyssey Semiconductor Technologies's accounts receivables for the quarter that ended in Dec. 2023 was $0.03 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Odyssey Semiconductor Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 25.35.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Odyssey Semiconductor Technologies's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.53.

Odyssey Semiconductor Technologies Accounts Receivable Historical Data

The historical data trend for Odyssey Semiconductor 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.

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Odyssey Semiconductor Technologies Accounts Receivable Chart

Odyssey Semiconductor Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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0.01

0.05

0.03

Odyssey Semiconductor Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Receivable	Get a 7-Day Free Trial															0.05	0.02	-	0.04	0.03

Odyssey Semiconductor Technologies Accounts Receivable Calculation

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

Odyssey Semiconductor 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.

Odyssey Semiconductor 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
=	0.025	/	0.09	*	91
=	25.35

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

Odyssey Semiconductor Technologies's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=	(0.047	+	0.75 * 0.025	+	0.5 * 0	-	6.757
-	0	-	0)	/	12.7269
=	-0.53

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.

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Odyssey Semiconductor Technologies (Odyssey Semiconductor Technologies) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Odyssey Semiconductor Technologies Inc (OTCPK:ODII) » Definitions » Accounts Receivable

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Address

9 Brown Road, Ithaca, NY, USA, 14850

Website

https://www.odysseysemi.com

Odyssey Semiconductor Technologies Inc is a semiconductor device company developing revolutionary high-voltage power switching components and systems based on proprietary Gallium Nitride (GaN) processing technology. The company's GaN processing technology allows for the realization of vertical current conduction GaN devices which extends application voltages from 1,000 V to over 10,000V, allowing GaN power switching devices to extend well beyond the consumer electronics application space and into more demanding applications such as electric vehicles, industrial motor control, and energy grid applications.