GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Astronics Corp (NAS:ATRO) » Definitions » Change In Receivables

Astronics (Astronics) Change In Receivables : $-31.9 Mil (TTM As of Dec. 2023)


View and export this data going back to 1984. Start your Free Trial

What is Astronics Change In Receivables?

Astronics's change in receivables for the quarter that ended in Dec. 2023 was $-18.9 Mil. It means Astronics's Accounts Receivable increased by $18.9 Mil from Sep. 2023 to Dec. 2023 .

Astronics's change in receivables for the fiscal year that ended in Dec. 2023 was $-31.9 Mil. It means Astronics's Accounts Receivable increased by $31.9 Mil from Dec. 2022 to Dec. 2023 .

Astronics's Accounts Receivable for the quarter that ended in Dec. 2023 was $135.0 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. Astronics's Days Sales Outstanding for the three months ended in Dec. 2023 was 63.07.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Astronics's liquidation value for the three months ended in Dec. 2023 was $-182.4 Mil.


Astronics Change In Receivables Historical Data

The historical data trend for Astronics'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.

Astronics Change In Receivables Chart

Astronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.08 53.93 -14.83 -41.65 -31.87

Astronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Receivables 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 -13.45 -4.17 -18.45 9.64 -18.89

Astronics 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-31.9 Mil.

* 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.


Astronics  (NAS:ATRO) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=134.98/195.292*91
=63.07

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

Astronics's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=4.756-384.274+0.75 * 134.98+0.5 * 191.801
=-182.4

* 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.


Astronics Change In Receivables Related Terms

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


Astronics (Astronics) Business Description

Traded in Other Exchanges
Address
130 Commerce Way, East Aurora, NY, USA, 14052
Astronics Corp supplies products to the aerospace, defense, and other industries. The company has two reportable segments namely Aerospace and Test Systems. The aerospace segment serves three primary markets: military, commercial transport and business jet markets. Test Systems segment serves the aerospace, defense, and semiconductor markets. The company generates a majority of its revenue from the Aerospace segment. Geographically, it generates a majority of its revenue from the United States.
Executives
Robert S Keane director, 10 percent owner CIMPRESS PLC, 275 WYMAN STREET, WALTHAM MA 02451
Linda O'brien director 6124 FOREST HIGHLANDS DR., FORT WORTH TX 76132
Warren C Johnson director P.O. BOX 189, 13133 BEAR ROAD, WALES CENTER NY 14169
Nancy L Hedges officer: Principal Accounting Officer 130 COMMERCE WAY, EAST AURORA NY 14052
Jeffry D Frisby director C/O QUAKER CHEMICAL CORPORATION, ONE QUAKER PARK, 901 HECTOR STREET, CONSHOHOCKEN PA 19428
James Mulato other: Pres Astronics Test Systems 4 GOODYEAR, IRVINE CA 92677
Mark Peabody officer: VP Astronics Advanced Electron 130 COMMERCE WAY, EAST AURORA NY 14052
Tonit M Calaway director HARLEY-DAVIDSON MOTOR COMPANY, 3700 WEST JUNEAU AVENUE, MILWAUKEE WI 53208
David C Burney officer: VP-Finance, Treasurer 130 COMMERCE WAY, EAST AURORA NY 14052
Michael C Kuehn officer: Executive Vice President 130 COMMERCE WAY, EAST AURORA NY 14052
Mark J Moran director 1600 SMITH STREET, HQSEO, HOUSTON TX 77002
James S Kramer officer: VP Luminescent Systems, Inc. 130 COMMERCE WAY, EAST AURORA NY 14052
Peter J Gundermann director 130 COMMERCE WAY, EAST AURORA NY 14052
Robert J Mckenna director 38 QUARTERMASTER DRIVE, SALEM SC 29676
5096 Saranac Llc 10 percent owner 1801 ELMWOOD AVENUE, SUITE 1, BUFFALO NY 14207-2463