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SemiLEDs (SemiLEDs) Accounts Receivable : $0.75 Mil (As of Feb. 2024)


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What is SemiLEDs Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. SemiLEDs's accounts receivables for the quarter that ended in Feb. 2024 was $0.75 Mil.

Accounts receivable can be measured by Days Sales Outstanding. SemiLEDs's Days Sales Outstanding for the quarter that ended in Feb. 2024 was 77.04.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. SemiLEDs's Net-Net Working Capital per share for the quarter that ended in Feb. 2024 was $-0.69.


SemiLEDs Accounts Receivable Historical Data

The historical data trend for SemiLEDs'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.

SemiLEDs Accounts Receivable Chart

SemiLEDs Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 1.33 0.87 0.88 0.79

SemiLEDs Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.53 0.98 0.79 0.90 0.75

SemiLEDs Accounts Receivable Calculation

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


SemiLEDs 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=0.748/0.886*91
=77.04

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

SemiLEDs's Net-Net Working Capital Per Share for the quarter that ended in Feb. 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)
=(1.613+0.75 * 0.748+0.5 * 3.751-8.927
-0-0.048)/7.175
=-0.69

* 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.


SemiLEDs Accounts Receivable Related Terms

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SemiLEDs (SemiLEDs) Business Description

Traded in Other Exchanges
Address
3rd Floor, No.11 Ke Jung Road, Chu-Nan Site. Chu-Nan 350, Hsinchu Science Park, Miao-Li County, Miao-Li, TWN, 350
SemiLEDs Corp develops, manufacture, and sells light-emitting diode chips and LED components. The company's products include LED Chips, LED Components, and Lighting Products. Its products are used for general lighting applications, that includes street lights and commercial, industrial, system and residential lighting; specialty industrial applications, such as ultraviolet, or Ultraviolet, curing of polymers, LED light therapy in medical/cosmetic applications, counterfeit detection, LED lighting for horticulture applications, architectural lighting and entertainment lighting. Substantial revenue is generated from the sale of LED components products. Geographically, it derives a majority of its revenue from the United States.
Executives
Hsin-liang Christopher Lee officer: Chief Financial Officer 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO LI COUNTY, CHU-HAN F5 F5 350
Scott R. Simplot director, 10 percent owner 999 MAIN STREET, SUITE 1300, BOISE ID 83702
J.r. Simplot Co 10 percent owner 999 MAIN STREET, SUITE 1300, BOISE ID 83702
Semileds Corp officer: CFO 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Roger Lee director C/O SEMILEDS CORPORATION, 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, TAIWAN F5 00000
Well Thrive Ltd 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Sheng-chun Chang 10 percent owner NO. 79, HENG YANG ROAD, TAIPEI F5 100
Peter Chiou director C/O SEMILEDS CORPORATION, 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, MIAO-LI COUNTY CA 350
Walter Michael Gough director C/O SEMILEDS CORPORATION, 3F, NO.11 KE JUNG RD., CHU-NAN SITE, MIAO-LI COUNTY F5 00000
Del Prado Arthur H director 10 JAN VAN EYCKLAAN, BILTHOVEN P7 3723 BC
Anh Chuong Tran director, 10 percent owner, officer: President and COO 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Chen-hao Timothy Lin officer: Chief Financial Officer 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Ilkan Cokgor officer: Exec VP of Sales & Marketing 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350
Hsieh Edward Kuan Hsiung director 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTI, CHU-NAN F5 350
Yingku (adam) Lin officer: VP Bus. Dev. & General Counsel 3F, NO. 11 KE JUNG RD., CHU-NAN SITE, HSINCHU SCIENCE PARK, MIAO-LI COUNTY, CHU-NAN F5 350