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Sierra Wireless (Sierra Wireless) Accounts Receivable : $100.8 Mil (As of Sep. 2022)


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What is Sierra Wireless Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Sierra Wireless's accounts receivables for the quarter that ended in Sep. 2022 was $100.8 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Sierra Wireless's Days Sales Outstanding for the quarter that ended in Sep. 2022 was 55.41.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Sierra Wireless's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-1.89.


Sierra Wireless Accounts Receivable Historical Data

The historical data trend for Sierra Wireless'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.

Sierra Wireless Accounts Receivable Chart

Sierra Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 140.69 151.63 78.64 49.58 66.26

Sierra Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 52.46 66.26 88.06 104.44 100.83

Sierra Wireless Accounts Receivable Calculation

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


Sierra Wireless 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.

Sierra Wireless's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=100.828/166.056*91
=55.41

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

Sierra Wireless's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 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)
=(126.042+0.75 * 100.828+0.5 * 107.964-329.416
-0-0)/39.0649
=-1.89

* 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.


Sierra Wireless Accounts Receivable Related Terms

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Sierra Wireless (Sierra Wireless) Business Description

Traded in Other Exchanges
N/A
Address
13811 Wireless Way, Richmond, BC, CAN, V6V 3A4
Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things solutions. The company's product and services portfolio contain products such as high-speed cellular modules and services such as connectivity services, cloud platforms, and cellular gateways, among others. It operates through two business segments: Internet of Things solutions and Embedded broadband. The vast majority of revenue comes from the company's embedded broadband segment, and more than half of its revenue is earned in the Americas and Asia-Pacific region.