Arteris (Arteris) Accounts Receivable : $12.27 Mil (As of Mar. 2024)

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What is Arteris Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Arteris's accounts receivables for the quarter that ended in Mar. 2024 was $12.27 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Arteris's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 86.44.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Arteris's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-0.99.

Arteris Accounts Receivable Historical Data

The historical data trend for Arteris's Accounts Receivable 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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Arteris Accounts Receivable Chart

Arteris Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

6.34

13.93

13.67

6.63

11.06

Arteris Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial												10.06	9.83	10.37	11.06	12.27

Arteris Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Arteris Accounts Receivable 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 receivables are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12.265	/	12.947	*	91
=	86.44

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Arteris's accounts receivable are only considered to be worth 75% of book value:

Arteris's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(44.814	+	0.75 * 12.265	+	0.5 * 0	-	91.808
-	0	-	0)	/	38.2914
=	-0.99

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Arteris Accounts Receivable Related Terms

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Arteris (Arteris) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Arteris Inc (NAS:AIP) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

N/A

Address

595 Millich Drive, Suite 200, Campbell, CA, USA, 95008

Website

https://www.arteris.com

Arteris Inc is a developer of on-chip interconnect fabric technology designed for a variety of devices and in the development and distribution of Network-on-Chip (NoC) interconnect intellectual property (IP). The company's technology is used in System-on-Chip (SoC) and provides software and services to automate SoC integration, enabling users to efficiently deploy NoC IP, and offer IP support, maintenance services, professional services, and training and on-site support services.

Executives

Nicholas B. Hawkins	officer: VP and Chief Financial Officer	CORSAIR COMPONENTS INC., 46221 LANDING PARKWAY, FREMONT CA 94538
K Charles Janac	director, 10 percent owner, officer: President and CEO	C/O SMART MACHINES INC, 651 RIVER OAKS PARKWAY, SAN HOSE CA 95135
Laurent R Moll	officer: Chief Operating Officer	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Paul L Alpern	officer: VP and General Counsel	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Wayne C Cantwell	director	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Antonio J Viana	director	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Raman Chitkara	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Claudia F. Munce	director	7601 PENN AVENUE S., RICHFIELD MN 55423
Saiyed Atiq Raza	director
Isabelle F Geday	director	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008
Capital F Ventech	10 percent owner	47 AVENUE DE L'OPERA, PARIS I0 75002
Arteris Ip, Llc	10 percent owner	591 W. HAMILTON AVE, SUITE 250, CAMPBELL CA 95008
Christian Claussen	director, 10 percent owner	C/O ARTERIS, INC., 595 MILLICH DR., SUITE 200, CAMPBELL CA 95008