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AltiGen Communications (AltiGen Communications) Accounts Receivable : $1.46 Mil (As of Dec. 2023)


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What is AltiGen Communications Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AltiGen Communications's accounts receivables for the quarter that ended in Dec. 2023 was $1.46 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AltiGen Communications's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 41.18.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AltiGen Communications's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $0.03.


AltiGen Communications Accounts Receivable Historical Data

The historical data trend for AltiGen Communications'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.

* Premium members only.

AltiGen Communications Accounts Receivable Chart

AltiGen Communications Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.29 0.49 1.12 1.39

AltiGen Communications Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.12 1.33 0.85 1.39 1.46

AltiGen Communications Accounts Receivable Calculation

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


AltiGen Communications 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1.462/3.24*91
=41.18

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

AltiGen Communications's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(2.031+0.75 * 1.462+0.5 * 0-2.458
-0-0)/24.9187
=0.03

* 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.


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.


AltiGen Communications Accounts Receivable Related Terms

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AltiGen Communications (AltiGen Communications) Business Description

Traded in Other Exchanges
N/A
Address
670 N McCarthy Boulevard, Suite 200, Milpitas, CA, USA, 95035
AltiGen Communications Inc is a provider of cloud-based Internet Protocol-private branch exchange (IP-PBX) and Contact Center solutions. The company designs, delivers, and supports Voice over Internet Protocol (VoIP) phone systems and call center solutions. Its Unified Communications solutions are designed with an open architecture and its integrated Internet protocol (IP) applications suite provides customers with a business communications solution. It derives a majority of its revenue from the Hosted services.
Executives
Jeremiah Fleming officer: President & COO 4555 CUSHING PARKWAY, FREMONT CA 94538
Miller Lloyd I Iii 10 percent owner
Gilbert Hu director, officer: Chief Executive Officer
Wanger Long Term Opportunity Fund Ii, Lp 10 percent owner 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Alan Bradley Howe director 1301 AVENUE OF THE AMERICAS, 7TH FLOOR, NEW YORK NY 10019
Wltof Gp Llc 10 percent owner 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Philip M Mcdermott officer: Chief Financial Officer
Wanger Investment Mangagement, Llc director 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Eric Wanger director 401 N. MICHIGAN AVE., SUITE 1301, CHICAGO IL 60611
Michael E Plumer officer: VP of Sales 213 RYDER STREET, SAN MATEO CA 94401
Tsai Mike Mon Yen director 28620 MATADERO CREEK COURT, LOS ALTOS CA 94022
Tacheng Wang director 27101 HORSESHOE LANE, LOS ALTOS HILLS CA 94022
Kenneth Tai director C/O ALTIGEN COMMUNICATIONS INC, 47429 FREMONT BLVD, FREMONT CA 94538
Sun Shirley Tsyr Yi officer: VP of Research & Development