Qorvo (QRVO) Change In Receivables : $14 Mil (TTM As of Sep. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Qorvo Change In Receivables?

Qorvo's change in receivables for the quarter that ended in Sep. 2024 was $-157 Mil. It means Qorvo's Accounts Receivable increased by $157 Mil from Jun. 2024 to Sep. 2024 .

Qorvo's change in receivables for the fiscal year that ended in Mar. 2024 was $-106 Mil. It means Qorvo's Accounts Receivable increased by $106 Mil from Mar. 2023 to Mar. 2024 .

Qorvo's Accounts Receivable for the quarter that ended in Sep. 2024 was $581 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. Qorvo's Days Sales Outstanding for the three months ended in Sep. 2024 was 50.66.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Qorvo's liquidation value for the three months ended in Sep. 2024 was $-1,214 Mil.

Qorvo Change In Receivables Historical Data

The historical data trend for Qorvo'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.

Qorvo Change In Receivables Chart

Qorvo Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Receivables

Get a 7-Day Free Trial

21.03

-91.28

-107.90

264.78

-105.78

Qorvo Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Receivables	Get a 7-Day Free Trial															-284.87	108.91	73.54	-11.64	-156.58

Qorvo 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $14 Mil.

Qorvo (NAS:QRVO) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	580.963	/	1046.509	*	91
=	50.66

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1096.452	-	3092.906	+	0.75 * 580.963	+	0.5 * 694.457
=	-1,214

Qorvo Change In Receivables Related Terms

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

Qorvo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Qorvo Inc (NAS:QRVO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

QRVO:Mexico 0KSJ:UK 2QO:Germany

Address

7628 Thorndike Road, Greensboro, NC, USA, 27409-9421

Website

https://www.qorvo.com

Qorvo represents the combined entity of RF Micro Devices and TriQuint Semiconductor, which merged in January 2015. The company specializes in radio frequency filters, power amplifiers, and front-end modules used in many of the world's most advanced smartphones. Qorvo also has a suite of products sold into a variety of nonsmartphone end markets, such as wireless base stations, cable TV and networking equipment, and infrastructure and military applications.

Executives

Philip Chesley	officer: Pres. Infra & Defense	7628 THORNDIKE ROAD, GREENSBORO NC 27409
Gina Harrison	officer: VP and Corporate Controller	7628 THORNDIKE ROAD, GREENSBORO NC 27409
Paul J Fego	officer: VP, Global Operations	15 SECOR ROAD, PO BOX 5226, BROOKFIELD CT 06804
Roderick Nelson	director	2300 NE BROOKWOOD PARKWAY, HILLSBORO OR 97124
Steven E Creviston	officer: VP and Pres. Mobile Products
Grant Brown	officer: SVP & Chief Financial Officer	7628 THORNDIKE ROAD, GREENSBORO NC 27409
Robert A Bruggeworth	director, officer: President and CEO	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
John R Harding	director	C/O MARIMBA INC, 440 CLYDE AVENUE, MOUNTAINVIEW CA 94043
Walden C Rhines	director	C/O TRIQUINT SEMICONDUCTOR INC, 2300 NE BROOKWOOD PKWY, HILLSBORO OR 97124
Frank P. Stewart	officer: SVP, Advanced Cellular	7628 THORNDIKE ROAD, GREENSBORO NC 27409
Jeffery R Gardner	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202
James L Klein	officer: VP and Pres. Infra. & Defense	2300NE BROOKWOOD PKWY, HILLSBORO OR 97124
Susan Louise Spradley	director	C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT
Walter H Wilkinson	director	C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Mark J. Murphy	officer: Chief Financial Officer	DELPHI AUTOMOTIVE PLC, 5725 DELPHI DRIVE, TROY MI 48098