Everspin Technologies (Everspin Technologies) Change In Receivables : $-0.89 Mil (TTM As of Dec. 2023)

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What is Everspin Technologies Change In Receivables?

Everspin Technologies's change in receivables for the quarter that ended in Dec. 2023 was $-1.47 Mil. It means Everspin Technologies's Accounts Receivable increased by $1.47 Mil from Sep. 2023 to Dec. 2023 .

Everspin Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.89 Mil. It means Everspin Technologies's Accounts Receivable increased by $0.89 Mil from Dec. 2022 to Dec. 2023 .

Everspin Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $11.49 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. Everspin Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.75.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Everspin Technologies's liquidation value for the three months ended in Dec. 2023 was $36.38 Mil.

Everspin Technologies Change In Receivables Historical Data

The historical data trend for Everspin Technologies'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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Everspin Technologies Change In Receivables Chart

Everspin Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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1.72

-1.81

-0.59

-2.47

-0.89

Everspin Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial															1.89	-0.54	2.18	-1.06	-1.47

Everspin Technologies 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.89 Mil.

Everspin Technologies (NAS:MRAM) 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.

Everspin 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
=	11.489	/	16.706	*	91
=	62.75

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

Everspin Technologies's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	36.946	-	13.382	+	0.75 * 11.489	+	0.5 * 8.391
=	36.38

Everspin Technologies Change In Receivables Related Terms

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Everspin Technologies (Everspin Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Everspin Technologies Inc (NAS:MRAM) » Definitions » Change In Receivables

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E5N:Germany

Address

5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226

Website

https://www.everspin.com

Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific (APAC).

Executives

Sanjeev Aggarwal	officer: Vice President, Technology R&D	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Anuj Aggarwal	officer: Interim CFO	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
David Schrenk	officer: VP Sales and Business	C/O EVERSPIN TECHNOLOGIES, INC., 5670 CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Darin G Billerbeck	director, officer: Interim CEO	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Geoffrey G Ribar	director
Michael B Gustafson	director	380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Troy Winslow	officer: VP, Sales and Marketing	C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER ROAD, CHANDLER CA 85226
Glen Hawk	director	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Tara Long	director	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Stephen Socolof	director, 10 percent owner	C/O EVERSPIN TECHNOLOGIES, INC., 1347 N. ALMA SCHOOL ROAD, SUITE 220, CHANDLER AZ 85224
Aparna Oka	officer: Corporate Controller	5670 W CHANDLER BLVD, SUITE 100, CHANDLER AZ 85226
Lawrence G Finch	director	C/O EVERSPIN TECHNOLOGIES, INC.,, 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Geoffrey Tate	other: Former Director	4440 EL CAMINO REAL, LOS ALTOS CA 94022
Daniel Berenbaum	officer: CFO	C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Matthew Tenorio	officer: Interim CFO, PFO and PAO	C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226