Indie Semiconductor (Indie Semiconductor) Change In Receivables : $-25.27 Mil (TTM As of Mar. 2024)

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What is Indie Semiconductor Change In Receivables?

Indie Semiconductor's change in receivables for the quarter that ended in Mar. 2024 was $11.75 Mil. It means Indie Semiconductor's Accounts Receivable declined by $11.75 Mil from Dec. 2023 to Mar. 2024 .

Indie Semiconductor's change in receivables for the fiscal year that ended in Dec. 2023 was $-32.20 Mil. It means Indie Semiconductor's Accounts Receivable increased by $32.20 Mil from Dec. 2022 to Dec. 2023 .

Indie Semiconductor's Accounts Receivable for the quarter that ended in Mar. 2024 was $52.42 Mil.

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 Receivable are being managed. Indie Semiconductor's Days Sales Outstanding for the three months ended in Mar. 2024 was 91.36.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Indie Semiconductor's liquidation value for the three months ended in Mar. 2024 was $-145.74 Mil.

Indie Semiconductor Change In Receivables Historical Data

The historical data trend for Indie Semiconductor's Change In Receivables 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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Indie Semiconductor Change In Receivables Chart

Indie Semiconductor Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-1.30

-4.48

-12.16

-32.20

Indie Semiconductor Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial											4.82	-10.71	-7.16	-19.15	11.75

Indie Semiconductor Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-25.27 Mil.

Indie Semiconductor (NAS:INDIW) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	52.418	/	52.353	*	91
=	91.36

2. In Ben Graham's calculation of liquidation value, Indie Semiconductor's accounts receivable are only considered to be worth 75% of book value:

Indie Semiconductor's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	138.174	-	342.177	+	0.75 * 52.418	+	0.5 * 37.899
=	-145.74

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Indie Semiconductor (Indie Semiconductor) Business Description

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INDI:USA 48H:Germany

Address

32 Journey, Aliso Viejo, CA, USA, 92656

Website

https://www.indiesemi.com

Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.