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Integrated Device Technology (Integrated Device Technology) Accounts Receivable : $119.9 Mil (As of Dec. 2018)


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What is Integrated Device Technology Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Integrated Device Technology's accounts receivables for the quarter that ended in Dec. 2018 was $119.9 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Integrated Device Technology's Days Sales Outstanding for the quarter that ended in Dec. 2018 was 45.48.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Integrated Device Technology's Net-Net Working Capital per share for the quarter that ended in Dec. 2018 was $-1.57.


Integrated Device Technology Accounts Receivable Historical Data

The historical data trend for Integrated Device Technology'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.

Integrated Device Technology Accounts Receivable Chart

Integrated Device Technology Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.90 63.62 74.39 89.31 108.78

Integrated Device Technology Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 109.70 108.78 122.98 129.41 119.91

Integrated Device Technology Accounts Receivable Calculation

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


Integrated Device Technology 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.

Integrated Device Technology's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=119.909/240.587*91
=45.48

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

Integrated Device Technology's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2018 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)
=(444.368+0.75 * 119.909+0.5 * 66.142-769.654
-0-0)/128.992
=-1.57

* 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.


Integrated Device Technology Accounts Receivable Related Terms

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Integrated Device Technology (Integrated Device Technology) Business Description

Traded in Other Exchanges
N/A
Address
6024 Silver Creek Valley Road, San Jose, CA, USA, 95138
Integrated Device Technology provides mixed-signal solutions including radio frequency, timing, wireless power transfer, serial switching, interfaces, and sensing. The firm's products are organized into two segments based on end markets: communications; and computing, consumer, and industrial. These products are used for development in 4G infrastructure, network communications, cloud data centers, and power management for mobile devices. Roughly half of the firm's revenue is generated in Hong Kong, with the rest coming from South Korea, Europe, and the Asia-Pacific region.
Executives
S Kenneth Kannappan director 337 ENCINAL ST SANTA CRUZ CA 95060
Robert A. Rango director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Gordon W Parnell director 2355 W CHANDLER BLVD, CHANDLER AZ 85224-6199
Brian C White officer: SVP, CHIEF FINANCIAL OFFICER C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Gregory L Waters officer: President & CEO ONSEMI C/O H. SPENCER, 5701 NORTH PIMA ROAD, SCOTTSDALE AZ 85250
Norman P Taffe director 3901 NORTH FIRST STREET, SAN JOSE CA 95134
Xianzhi Sean Fan officer: Sr Vice President&Corporate GM C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Umesh Padval director BESSEMER VENTURE PARTNERS, 535 MIDDLEFIELD ROAD, SUITE 245, MENLO PARK CA 94025
Donald E Schrock director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Jeffrey Stephen Mccreary director C/O MIPS TECHNOLOGIES, INC., 955 EAST ARQUES AVENUE, SUNNYVALE CA 94085
Peter A Feld director 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Tewksbury Ted L Iii director, officer: CHIEF EXECUTIVE OFFICER C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138
Kelley Steven-waiss officer: VP HUMAN RESOURCES 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Paul E Rolls officer: SR. VP WORLDWIDE SALES & C/O ON SEMICONDUCTOR, 5005 E MCDOWELL RD MD A700, PHOENIX AZ 85008
Lewis C Eggebrecht director C/O INTEGRATED DEVICE TECHNOLOGY, INC., 6024 SILVER CREEK VALLEY ROAD, SAN JOSE CA 95138