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ULVAC (ULVAF) Accounts Receivable : $647 Mil (As of Mar. 2024)


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What is ULVAC Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. ULVAC's accounts receivables for the quarter that ended in Mar. 2024 was $647 Mil.

Accounts receivable can be measured by Days Sales Outstanding. ULVAC's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 136.19.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. ULVAC's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $4.62.


ULVAC Accounts Receivable Historical Data

The historical data trend for ULVAC'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.

ULVAC Accounts Receivable Chart

ULVAC Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 714.70 620.03 602.04 644.44 590.97

ULVAC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 568.79 590.97 613.20 664.89 647.34

ULVAC Accounts Receivable Calculation

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


ULVAC 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=647.343/433.745*91
=136.19

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

ULVAC's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 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)
=(638.939+0.75 * 647.343+0.5 * 470.275-1086.541
-0-45.408)/49.2746
=4.62

* 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.


ULVAC Accounts Receivable Related Terms

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ULVAC (ULVAF) Business Description

Traded in Other Exchanges
Address
2500 Hagisono, Kanagawa, Chigasaki, JPN, 253-8543
ULVAC Inc is a Japanese company providing solutions which incorporate equipment, materials, analysis, and services for flat panel displays, electronic components, semiconductors, and general-industry equipment. The company has two reportable segments namely Vacuum Equipment business and Vacuum Application business. Vacuum equipment business is engaged in manufacturing products such as photovoltaic-cells production equipment, sputtering equipment for semiconductor production, vacuum evaporation roll coaters, vacuum pumps and measuring equipment. Vacuum application business is engaged in making products such as sputtering target materials, control system equipment and analyzing equipment. Most of the company's revenue comes from Japan.

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