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Ichor Holdings (Ichor Holdings) Accounts Receivable : $66.7 Mil (As of Dec. 2023)


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What is Ichor Holdings Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Ichor Holdings's accounts receivables for the quarter that ended in Dec. 2023 was $66.7 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Ichor Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 was 29.92.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Ichor Holdings's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-4.11.


Ichor Holdings Accounts Receivable Historical Data

The historical data trend for Ichor Holdings'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.

Ichor Holdings Accounts Receivable Chart

Ichor Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 84.85 100.98 142.99 136.32 66.72

Ichor Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 136.32 122.69 95.76 103.35 66.72

Ichor Holdings Accounts Receivable Calculation

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


Ichor Holdings 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.

Ichor Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=66.721/203.481*91
=29.92

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

Ichor Holdings's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 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)
=(79.955+0.75 * 66.721+0.5 * 245.885-373.804
-0-0)/29.4354
=-4.11

* 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.


Ichor Holdings Accounts Receivable Related Terms

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Ichor Holdings (Ichor Holdings) Business Description

Traded in Other Exchanges
Address
3185 Laurelview Court, Fremont, CA, USA, 94538
Ichor Holdings Ltd is engaged in the design, engineering, and manufacturing of critical fluid delivery subsystems and components for semiconductor capital equipment. The product offerings include gas and chemical delivery subsystems, collectively known as fluid delivery subsystems, which are key elements of the process tools used in the manufacturing of semiconductor devices. The company also manufactures machined components, weldments, and proprietary products for use in fluid delivery systems. Geographically, the company operates in the United States of America, Singapore, Europe, and other countries, of which a majority of the revenue is generated from the United States of America.
Executives
Barros Philip Ryan Sr. officer: Chief Technology Officer 3185 LAUREL VIEW CT., FREMONT CA 94538
Thomas M Rohrs director, officer: Chief Executive Officer 2 RESULTS WAY, CUPERTINO CA 95014
Greg Swyt officer: Chief Financial Officer C/O ONTO INNOVATION INC., 16 JONSPIN ROAD, WILMINGTON MA 01887
Christopher Smith officer: Chief Commercial Officer 3560 BASSETT STREET, SANTA CLARA CA 95054
Marc Haugen director C/O CEPHEID, 904 CARIBBEAN DRIVE, SUNNYVALE CA 94089
Bruce Ragsdale officer: Chief Operating Officer 3185 LAURELVIEW CT, FREMONT CA 94538
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Iain Mackenzie director C/O SMART GLOBAL HOLDINGS, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Paul Chhabra officer: Chief Operating Officer 9255 COVERDALE ROAD, FORT WAYNE IN 46809
Kevin M. Canty officer: Chief Operating Officer 3185 LAURELVIEW CT., FREMONT CA 94538
Yuval Wasserman director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Sarah A O'dowd director 3185 LAURELVIEW COURT, FREMONT CA 94538
Wendy Arienzo director 5245 HELLYER AVE, SAN JOSE CA 95138
Larry J Sparks officer: Chief Financial Officer 3185 LAURELVIEW CT, FREMONT CA 94538
Laura A. Black director 3000 SAND HILL ROAD, BLDG. 1, SUITE 240, MENLO PARK CA 94025

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