IQE (LSE:IQE) Change In Receivables : £-9.9 Mil (TTM As of Jun. 2024)

View and export this data going back to 2000. Start your Free Trial

What is IQE Change In Receivables?

IQE's change in receivables for the quarter that ended in Jun. 2024 was £-9.3 Mil. It means IQE's Accounts Receivable increased by £9.3 Mil from Dec. 2023 to Jun. 2024 .

IQE's change in receivables for the fiscal year that ended in Dec. 2023 was £6.6 Mil. It means IQE's Accounts Receivable declined by £6.6 Mil from Dec. 2022 to Dec. 2023 .

IQE's Accounts Receivable for the quarter that ended in Jun. 2024 was £46.8 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. IQE's Days Sales Outstanding for the six months ended in Jun. 2024 was 129.51.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. IQE's liquidation value for the six months ended in Jun. 2024 was £-75.3 Mil.

IQE Change In Receivables Historical Data

The historical data trend for IQE'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.

* Premium members only.

IQE Change In Receivables Chart

IQE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

4.13

-7.15

2.93

-5.53

6.60

IQE Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Receivables	Get a 7-Day Free Trial															-6.09	0.56	7.19	-0.58	-9.32

IQE 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-9.9 Mil.

IQE (LSE:IQE) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	46.849	/	66.018	*	91
=	129.51

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

IQE's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	7.81	-	130.578	+	0.75 * 46.849	+	0.5 * 24.618
=	-75.3

IQE Change In Receivables Related Terms

Thank you for viewing the detailed overview of IQE's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

IQE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » IQE PLC (LSE:IQE) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

IQEPF:USA IQE.GB:UK

Address

Pascal Close, Saint Mellons, Cardiff, South Glamorgan, GBR, CF3 0LW

Website

https://www.iqep.com

IQE PLC is a company engaged in the research, design, development, manufacture and sale of compound semiconductor materials. Its reportable segments based on the markets include Wireless, Photonics, and CMOS++. The Photonics segment manufactures and sells compound semiconductor material for the photonics market, which includes applications that either transmit or sense light, both visible and infrared. The Wireless segment manufactures and sells compound semiconductor material for the wireless market, which includes radiofrequency devices that enable wireless communications. Its geographical segments are the Americas, Europe, Middle East & Africa (EMEA), and the Asia Pacific.

IQE Headlines

No Headlines