CPS Technologies (CPS Technologies) Change In Receivables : $1.54 Mil (TTM As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is CPS Technologies Change In Receivables?

CPS Technologies's change in receivables for the quarter that ended in Mar. 2024 was $0.60 Mil. It means CPS Technologies's Accounts Receivable declined by $0.60 Mil from Dec. 2023 to Mar. 2024 .

CPS Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.01 Mil. It means CPS Technologies's Accounts Receivable increased by $0.01 Mil from Dec. 2022 to Dec. 2023 .

CPS Technologies's Accounts Receivable for the quarter that ended in Mar. 2024 was $3.85 Mil.

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 Receivable are being managed. CPS Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 59.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. CPS Technologies's liquidation value for the three months ended in Mar. 2024 was $10.03 Mil.

CPS Technologies Change In Receivables Historical Data

The historical data trend for CPS Technologies's Change In Receivables 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.

CPS Technologies Change In Receivables Chart

CPS Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-1.03

1.17

-1.96

0.41

-0.01

CPS Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															-0.95	0.27	0.13	0.55	0.60

CPS Technologies Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.54 Mil.

CPS Technologies (NAS:CPSH) Change In Receivables 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 Receivable are being managed.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3.849	/	5.913	*	91
=	59.40

2. In Ben Graham's calculation of liquidation value, CPS Technologies's accounts receivable are only considered to be worth 75% of book value:

CPS Technologies's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8.668	-	3.833	+	0.75 * 3.849	+	0.5 * 4.611
=	10.03

CPS Technologies Change In Receivables Related Terms

Thank you for viewing the detailed overview of CPS Technologies's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

CPS Technologies (CPS Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CPS Technologies Corp (NAS:CPSH) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 South Worcester Street, Norton, MA, USA, 02766-2102

Website

https://www.cpstechnologysolutions.com

CPS Technologies Corp provides material solutions to the transportation, automotive, energy, computing/Internet, telecommunications, aerospace, defense, and oil and gas end markets. Its primary material solution is metal matrix composites (MMCs), which are a class of materials consisting of a combination of metal and ceramic. The company designs, manufactures and sells custom MMC components, which manages the performance and reliability of systems in the end markets. It also provides baseplates and housings used in radar, satellite and avionics applications. The company provides lids and heat spreaders used with integrated circuits in Internet switches and routers.

Executives

Brian T Mackey	officer: CEO	792 WEST STREET, C108, MANSFIELD MA 02048
Ralph M Norwood	officer: Chief Financial Officer	111 SOUTH WORCESTER STREET, NORTON MA 02766
Peregrine Financial Corp	10 percent owner	222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Trust Company, Llc	10 percent owner	222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Peregrine Holdings Llc	10 percent owner	222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Phoenix Venture Partners, Inc.	10 percent owner	222 ROSEWOOD DRIVE, SUITE 530, DANVERS MA 01923
Ard Master Lp	10 percent owner
Grant C Bennett	director, 10 percent owner, officer: President & CEO
Griffith Charles Kellogg Jr	officer: Chief Financial Officer	111 SOUTH WORCESTER STREET, NORTON MA 02766
Daniel C Snow	director	5 LODGE RD., BELMONT MA 02478
Thomas M Culligan	director	3000 TAFT STREET, HOLLYWOOD FL 33021
Michael E Mccormack	officer: Chief Operating Officer	111 SOUTH WORCESTER STREET, NORTON MA 02766
Thomas E Breen	officer: SVP, Sales & Marketing	111 SOUTH WORCESTER STREET, NORTON MA 02766
Richard W Adams	officer: Senior Vice-President & CTO	111 S. WORCESTER ST., NORTON MA 02766
Charles Darosa	officer: Vice-President, Operations	111 S. WORCESTER STREET, NORTON MA 02766