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Cirrus Logic (STU:CRU) Change In Receivables : €49 Mil (TTM As of Mar. 2024)


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What is Cirrus Logic Change In Receivables?

Cirrus Logic's change in receivables for the quarter that ended in Mar. 2024 was €113 Mil. It means Cirrus Logic's Accounts Receivable declined by €113 Mil from Dec. 2023 to Mar. 2024 .

Cirrus Logic's change in receivables for the fiscal year that ended in Mar. 2024 was €50 Mil. It means Cirrus Logic's Accounts Receivable declined by €50 Mil from Mar. 2023 to Mar. 2024 .

Cirrus Logic's Accounts Receivable for the quarter that ended in Mar. 2024 was €149 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. Cirrus Logic's Days Sales Outstanding for the three months ended in Mar. 2024 was 39.87.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Cirrus Logic's liquidation value for the three months ended in Mar. 2024 was €320 Mil.


Cirrus Logic Change In Receivables Historical Data

The historical data trend for Cirrus Logic'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.

Cirrus Logic Change In Receivables Chart

Cirrus Logic Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.94 38.04 -113.34 83.87 50.41

Cirrus Logic 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 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 112.10 -32.82 -80.63 49.56 112.56

Cirrus Logic 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 €49 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.


Cirrus Logic  (STU:CRU) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=149.48/342.081*91
=39.87

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

Cirrus Logic'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)
=484.419-381.397+0.75 * 149.48+0.5 * 209.068
=320

* 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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Cirrus Logic (STU:CRU) Business Description

Traded in Other Exchanges
Address
800 West 6th Street, Austin, TX, USA, 78701
Cirrus Logic Inc is a provider of integrated circuits for audio and voice signal processing applications. The firm's products are organized into two streams: portable audio products, and non-portable audio and other products. These products include analog and mixed-signal components targeting mobile devices, smart homes, and applications in the automotive, energy, and industrial markets. Roughly half of the firm's revenue is generated in China, with the rest coming from the United States, Europe, South Korea, and countries across the world.