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Soitec (Soitec) Accounts Receivable : $487 Mil (As of Mar. 2024)


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What is Soitec Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Soitec's accounts receivables for the quarter that ended in Mar. 2024 was $487 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Soitec's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 141.78.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Soitec's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.63.


Soitec Accounts Receivable Historical Data

The historical data trend for Soitec'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.

Soitec Accounts Receivable Chart

Soitec Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.98 187.41 308.63 388.78 486.96

Soitec Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 308.63 275.91 388.78 277.96 486.96

Soitec Accounts Receivable Calculation

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


Soitec 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=486.957/626.792*91
=141.78

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

Soitec'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)
=(777.174+0.75 * 486.957+0.5 * 227.174-1301.087
-0-0)/71.3564
=-0.63

* 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.


Soitec Accounts Receivable Related Terms

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Soitec (Soitec) Business Description

Traded in Other Exchanges
Address
Parc Technologique des Fontaines, Chemin des Franques, Bernin, FRA, 38190
Soitec is a French company that manufactures and sells engineered wafers for the semiconductor industry. Soitec is the number one provider of silicon-on-insulator, or SOI, wafers worldwide and also provides other engineered substrates like gallium nitride or silicon carbide. Soitec sells wafers to fabrication plants that use the them to produce chips. Soitec has facilities in France, Singapore, and China and plans to expand its capacity by 75% from 2022 to 2026.

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