Tower Semiconductor (Tower Semiconductor) Change In Receivables : $-3 Mil (TTM As of Dec. 2023)

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What is Tower Semiconductor Change In Receivables?

Tower Semiconductor's change in receivables for the quarter that ended in Dec. 2023 was $-2 Mil. It means Tower Semiconductor's Accounts Receivable increased by $2 Mil from Sep. 2023 to Dec. 2023 .

Tower Semiconductor's change in receivables for the fiscal year that ended in Dec. 2023 was $-3 Mil. It means Tower Semiconductor's Accounts Receivable increased by $3 Mil from Dec. 2022 to Dec. 2023 .

Tower Semiconductor's Accounts Receivable for the quarter that ended in Dec. 2023 was $154 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. Tower Semiconductor's Days Sales Outstanding for the three months ended in Dec. 2023 was 39.97.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Tower Semiconductor's liquidation value for the three months ended in Dec. 2023 was $211 Mil.

Tower Semiconductor Change In Receivables Historical Data

The historical data trend for Tower 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.

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Tower Semiconductor Change In Receivables Chart

Tower Semiconductor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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27.32

-33.09

14.34

-15.23

-3.16

Tower Semiconductor 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															12.38	7.41	-21.24	12.53	-1.86

Tower 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 $-3 Mil.

Tower Semiconductor (NAS:TSEM) 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.

Tower 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
=	154.067	/	351.711	*	91
=	39.97

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

Tower 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)
=	445.624	-	491.478	+	0.75 * 154.067	+	0.5 * 282.688
=	211

Tower Semiconductor Change In Receivables Related Terms

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Tower Semiconductor (Tower Semiconductor) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tower Semiconductor Ltd (NAS:TSEM) » Definitions » Change In Receivables

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TSEM:Israel TOW:Germany

Address

20 Shaul Amor Avenue, P.O. Box 619, Ramat Gavriel Industrial Park, Migdal Haemek, ISR, 2310502

Website

https://www.towersemi.com

Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.