AmpliTech Group (AmpliTech Group) Change In Receivables : $0.55 Mil (TTM As of Mar. 2024)

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What is AmpliTech Group Change In Receivables?

AmpliTech Group's change in receivables for the quarter that ended in Mar. 2024 was $1.23 Mil. It means AmpliTech Group's Accounts Receivable declined by $1.23 Mil from Dec. 2023 to Mar. 2024 .

AmpliTech Group's change in receivables for the fiscal year that ended in Dec. 2023 was $-0.74 Mil. It means AmpliTech Group's Accounts Receivable increased by $0.74 Mil from Dec. 2022 to Dec. 2023 .

AmpliTech Group's Accounts Receivable for the quarter that ended in Mar. 2024 was $1.31 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. AmpliTech Group's Days Sales Outstanding for the three months ended in Mar. 2024 was 52.09.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. AmpliTech Group's liquidation value for the three months ended in Mar. 2024 was $2.28 Mil.

AmpliTech Group Change In Receivables Historical Data

The historical data trend for AmpliTech Group'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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AmpliTech Group Change In Receivables Chart

AmpliTech Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-0.36

0.26

-0.26

0.06

-0.74

AmpliTech Group 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															-0.06	-0.63	0.65	-0.70	1.23

AmpliTech Group 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 $0.55 Mil.

AmpliTech Group (NAS:AMPG) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1.309	/	2.293	*	91
=	52.09

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

AmpliTech Group'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)
=	2.377	-	4.706	+	0.75 * 1.309	+	0.5 * 7.246
=	2.28

AmpliTech Group Change In Receivables Related Terms

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AmpliTech Group (AmpliTech Group) Business Description

Industry

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Traded in Other Exchanges

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Address

155 Plant Avenue, Hauppauge, NY, USA, 11788

Website

https://www.amplitechinc.com

AmpliTech Group Inc designs, develop, engineers, & assembles micro-wave component-based amplifiers that meet individual customer specifications. Its products consist of RF amplifiers & related subsystems, operating at multiple frequencies from 50kHz to 44GHz, including Low Noise Amplifiers, Medium Power Amplifiers, oscillators, filters, & custom assemblies such as MMIC (Monolithic Microwave Integrated Circuit) and MIC (Microwave Integrated Circuit) designs. It also offers non-recurring engineering services on a project-by-project basis, for a predetermined fixed contractual amount, or on a time-plus-material basis. It also operates as a manufacturer, & distributor of cryogenic microwave amplifiers, RF designs, & applications for Wireless Networks & the future of Wireless Communication.

Executives

Daniel Richard Mazziota	director	C/O AMPLITECH, INC., 155 PLANT AVENUE, HAUPPAUGE NY 11788
Jorge Luis Flores	officer: Chief Operating Officer	155 PLANT AVENUE, HAUPPAUGE NY 11788
Fawad Maqbool	director, 10 percent owner, officer: President, CEO and Secretary	C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Matthew Joseph Kappers	director	C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Louisa Sanfratello	officer: Chief Financial Officer	155 PLANT AVENUE, HAUPPAUGE NY 11788
Wayne Stephen Homschek	director	535 FIFTH ST., 22ND FLOOR, NEW YORK NY 10017
Andrew Dylan Lee	director	C/O AMPLITECH GROUP, INC, 155 PLANT AVENUE, HAUPPAUGE NY 11788
Microphase Corp	10 percent owner	100 TRAP FALLS ROAD EXTENSION,, SUITE 400, SHELTON CT 06484