Navitas Semiconductor (Navitas Semiconductor) Change In Receivables : $-16.73 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Navitas Semiconductor Change In Receivables?

Navitas Semiconductor's change in receivables for the quarter that ended in Dec. 2023 was $-8.29 Mil. It means Navitas Semiconductor's Accounts Receivable increased by $8.29 Mil from Sep. 2023 to Dec. 2023 .

Navitas Semiconductor's change in receivables for the fiscal year that ended in Dec. 2023 was $-16.73 Mil. It means Navitas Semiconductor's Accounts Receivable increased by $16.73 Mil from Dec. 2022 to Dec. 2023 .

Navitas Semiconductor's Accounts Receivable for the quarter that ended in Dec. 2023 was $25.86 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. Navitas Semiconductor's Days Sales Outstanding for the three months ended in Dec. 2023 was 90.55.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Navitas Semiconductor's liquidation value for the three months ended in Dec. 2023 was $78.89 Mil.

Navitas Semiconductor Change In Receivables Historical Data

The historical data trend for Navitas 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.

* Premium members only.

Navitas Semiconductor Change In Receivables Chart

Navitas Semiconductor Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-3.45

-4.11

1.25

-16.73

Navitas Semiconductor Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial								1.73	1.70	-7.73	-2.42	-8.29

Navitas 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-16.73 Mil.

Navitas Semiconductor (NAS:NVTS) 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.

Navitas Semiconductor's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	25.858	/	26.057	*	91
=	90.55

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

Navitas Semiconductor'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)
=	152.839	-	104.929	+	0.75 * 25.858	+	0.5 * 23.166
=	78.89

Navitas Semiconductor Change In Receivables Related Terms

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

Navitas Semiconductor (Navitas Semiconductor) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Navitas Semiconductor Corp (NAS:NVTS) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

3520 Challenger Street, Torrance, CA, USA, 90503-1640

Website

https://www.navitassemi.com

Navitas Semiconductor Corp develops ultra-efficient gallium nitride (GaN) semiconductors that are revolutionizing power electronics. GaN power ICs integrate GaN power with drive, control, and protection to enable fast charging, high power density, and energy savings for mobile, consumer, enterprise, eMobility, and new energy markets. The company operates as one reportable segment, the design, development, manufacture and marketing of integrated circuits and related components for use in mobile device and other markets. Geographically, the company operates in China, Europe, United States, Rest of Asia and Others. Majority of revenue is generated from China.

Executives

Ron Shelton	officer: Sr VP, CFO and Treasurer
Dipender Saluja	director	1730 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Wunderlich Gary Kent Jr	director	CLO B. RILEY FINANCIAL, INC.,, 21255 BURBANK BLVD., SUITE 400, WOODLAND CA 91367
Richard J Hendrix	director	1300 NORTH 17TH STREET, ARLINGTON VA 22209
Eugene Sheridan	director, officer: Chief Executive Officer	C/O NAVITAS SEMICONDUCTOR CORPORATION, 3520 CHALLENGER STREET, TORRANCE CA 90503-1640
Daniel M. Kinzer	director, officer: Chief Oprtng and Tech Officer	C/O CORP SEC, FAIRCHILD SEMICONDUCTOR, 82 RUNNING HILL RD., S. PORTLAND ME 04106
Ranbir Singh	10 percent owner, officer: EVP, GeneSic Business	2101 E. EL SEGUNDO BLVD., STE. 205, EL SEGUNDO CA 90245
Sicpower, Llc	10 percent owner	C/O CORPORATION SERVICE COMPANY, 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
David Moxam	director	C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245
Todd Glickman	officer: Interim Chf Financial Officer	C/O 2101 EL SEGUNDO BLVD., SUITE 204, EL SEGUNDO CA 90245
Malibuiq, Llc	10 percent owner	21245 SMITH ROAD, COVINGTON LA 70435
Brian Long	director
Atalaya Capital Management Lp	10 percent owner	ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10020
Atalaya Special Purpose Investment Fund Lp	10 percent owner	ONE ROCKEFELLER PLAZA, NEW YORK NY 10710
Acm Asof Vii (cayman) Holdco Lp	10 percent owner	ONE ROCKEFELLER PLAZA, 32ND FLOOR, NEW YORK NY 10022