Trend Micro (Trend Micro) Change In Receivables : $-15 Mil (TTM As of Dec. 2023)

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What is Trend Micro Change In Receivables?

Trend Micro's change in receivables for the quarter that ended in Dec. 2023 was $-87 Mil. It means Trend Micro's Accounts Receivable increased by $87 Mil from Sep. 2023 to Dec. 2023 .

Trend Micro's change in receivables for the fiscal year that ended in Dec. 2023 was $-20 Mil. It means Trend Micro's Accounts Receivable increased by $20 Mil from Dec. 2022 to Dec. 2023 .

Trend Micro's Accounts Receivable for the quarter that ended in Dec. 2023 was $481 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. Trend Micro's Days Sales Outstanding for the three months ended in Dec. 2023 was 97.28.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Trend Micro's liquidation value for the three months ended in Dec. 2023 was $529 Mil.

Trend Micro Change In Receivables Historical Data

The historical data trend for Trend Micro'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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Trend Micro Change In Receivables Chart

Trend Micro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-57.65

-23.27

-38.45

-52.54

-20.15

Trend Micro 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															-136.84	67.60	19.40	-14.71	-86.85

Trend Micro 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 $-15 Mil.

Trend Micro (OTCPK:TMICY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	481.034	/	451.211	*	91
=	97.28

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

Trend Micro'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)
=	2076.836	-	1932.241	+	0.75 * 481.034	+	0.5 * 46.27
=	529

Trend Micro Change In Receivables Related Terms

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Trend Micro (Trend Micro) Business Description

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4704:Japan TMI:Germany

Address

Shibuya-ku, 2-1-1 Shinjuku Maynds Tower, Yoyogi, Tokyo, JPN, 151-0053

Website

http://www.trendmicro.co.jp

Trend Micro provides antivirus and other security products that protect the flow of information on PCs, file servers, e-mail servers, and the Internet gateway. Sales have averaged 75% annual growth over the past decade. Customers include British Airways, Merrill Lynch, Microsoft, Pacific Bell, and governmental agencies in the United States and Japan.