Varex Imaging (Varex Imaging) Change In Receivables : $8.8 Mil (TTM As of Mar. 2024)

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What is Varex Imaging Change In Receivables?

Varex Imaging's change in receivables for the quarter that ended in Mar. 2024 was $-12.3 Mil. It means Varex Imaging's Accounts Receivable increased by $12.3 Mil from Dec. 2023 to Mar. 2024 .

Varex Imaging's change in receivables for the fiscal year that ended in Sep. 2023 was $9.8 Mil. It means Varex Imaging's Accounts Receivable declined by $9.8 Mil from Sep. 2022 to Sep. 2023 .

Varex Imaging's Accounts Receivable for the quarter that ended in Mar. 2024 was $151.5 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. Varex Imaging's Days Sales Outstanding for the three months ended in Mar. 2024 was 67.04.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Varex Imaging's liquidation value for the three months ended in Mar. 2024 was $-215.9 Mil.

Varex Imaging Change In Receivables Historical Data

The historical data trend for Varex Imaging'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.

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Varex Imaging Change In Receivables Chart

Varex Imaging Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

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14.80

17.70

-32.90

-18.10

9.80

Varex Imaging 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															-1.60	-3.80	-0.40	25.30	-12.30

Varex Imaging 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 $8.8 Mil.

Varex Imaging (NAS:VREX) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	151.5	/	206.2	*	91
=	67.04

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

Varex Imaging'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)
=	188.9	-	661.5	+	0.75 * 151.5	+	0.5 * 286.1
=	-215.9

Varex Imaging Change In Receivables Related Terms

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Varex Imaging (Varex Imaging) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Varex Imaging Corp (NAS:VREX) » Definitions » Change In Receivables

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Traded in Other Exchanges

VI4:Germany

Address

1678 South Pioneer Road, Salt Lake City, UT, USA, 84104

Website

https://www.vareximaging.com

Varex Imaging Corp designs and manufactures X-ray imaging components. It operates in two segments Medical and Industrial. The Medical segment, which is the key revenue driver, designs, manufactures, sells, and services X-ray imaging components comprising X-ray tubes, digital flat panel image detectors, high voltage connectors, ionization chambers, and buckys among others. The Industrial segment designs, manufactures, sells, and services Linatron X-ray accelerators, X-ray tubes, digital flat panel detectors and high voltage connectors among others. It has manufacturing, research, and development operation in the United States, Europe, Philippines and China, and sales and service operations throughout the world.

Executives

Kimberley E. Honeysett	officer: Vice President and Secretary	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Jay K. Kunkel	director	21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Ruediger Naumann-etienne	director
Kathleen Bardwell	director	9 BLACKBERRY DRIVE, HUDSON OH 44236
Sunny Sanyal	director, officer: President and CEO	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Kevin Bruce Yankton	officer: Controller & CAO	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Andrew Hartmann	officer: SVP Sales & Marketing, Medical	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Timothy E Guertin	director	C/O VARIAN MEDICAL SYSTEMS, INC, 3100 HANSEN WAY M/S E-327, PALO ALTO CA 94304
Shubham Maheshwari	officer: Chief Financial Officer	C/O VEECO INSTRUMENTS INC., 1 TERMINAL DRIVE, PLAINVIEW NY 11803
Brian W Giambattista	officer: SVP and GM, X-ray Detectors	1678 SOUTH PIONEER ROAD, SALT LAKE CITY UT 84104
Erich R Reinhardt	director	VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 94304
Mark S. Jonaitis	officer: SVP and GM, X-Ray Sources	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104
Clarence R Verhoef	officer: SVP & Chief Financial Officer	VARIAN MEDICAL SYSTEMS INC, 3100 HANSEN WAY MAIL STOP E327, PALO ALTO CA 95035
Rosebrough Walter M Jr	director	5960 HEISLEY ROAD, MENTOR OH 44060
Carl E. Lacasce	officer: SVP, Sales & Marketing	1678 S. PIONEER ROAD, SALT LAKE CITY UT 84104