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Ultratech (Ultratech) Accounts Receivable : $63.3 Mil (As of Mar. 2017)


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What is Ultratech Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ultratech's accounts receivables for the quarter that ended in Mar. 2017 was $63.3 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ultratech's Days Sales Outstanding for the quarter that ended in Mar. 2017 was 100.55.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ultratech's Net-Net Working Capital per share for the quarter that ended in Mar. 2017 was $10.87.


Ultratech Accounts Receivable Historical Data

The historical data trend for Ultratech'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.

Ultratech Accounts Receivable Chart

Ultratech Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.46 34.44 44.22 28.11 54.55

Ultratech Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 50.74 45.43 46.59 54.55 63.26

Ultratech Accounts Receivable Calculation

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


Ultratech 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.

Ultratech's Days Sales Outstanding for the quarter that ended in Mar. 2017 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=63.259/57.409*91
=100.55

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

Ultratech's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2017 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)
=(274.238+0.75 * 63.259+0.5 * 48.876-49.941
-0-0)/27.2362
=10.87

* 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.


Ultratech Accounts Receivable Related Terms

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Ultratech (Ultratech) Business Description

Traded in Other Exchanges
N/A
Address
Ultratech is a United States-based company that is principally engaged in developing, manufacturing, and selling capital equipment for manufacturers of integrated circuits and nanotechnology components. The company offers two series of 1X lithography systems that are used in semiconductor fabrication. The company generates most of its revenue from system sales, including semiconductor system sales and nanotechnology system sales, with the rest from spare-parts sales, services, and licensing of technologies. The company sells its products worldwide, including the United States, Europe, Taiwan, Korea, Japan, and elsewhere, with overseas markets (especially in Asia) contributing the majority of total revenue.
Executives
Henri P Richard director FREESCALE SEMICONDUCTOR, INC., 2680 ZANKER RD, SUITE 200, SAN JOSE CA 95134
Dennis R Raney director C/O EASYLINK SERVICES CORPORATION, 33 KNIGHTSBRIDGE ROAD, PISCATAWAY NJ 08854
Ronald D Black director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Beatriz V Infante director 4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Carlson Capital L P 10 percent owner 2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201
Michael C Child director 125 HIGH ST STE 2500, BOSTON MA 02110
Joel F Gemunder director
Bin-ming Ben Tsai director 160 RIO ROBLES, SAN JOSE CA 95134
Thomas Dale George director C/O ULTRATECH, 3050 ZANKER ROAD, SAN JOSE CA 95134
Kenneth Levy director