Symbotic (Symbotic) Change In Receivables : $-3 Mil (TTM As of Mar. 2024)

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What is Symbotic Change In Receivables?

Symbotic's change in receivables for the quarter that ended in Mar. 2024 was $25 Mil. It means Symbotic's Accounts Receivable declined by $25 Mil from Dec. 2023 to Mar. 2024 .

Symbotic's change in receivables for the fiscal year that ended in Sep. 2023 was $-66 Mil. It means Symbotic's Accounts Receivable increased by $66 Mil from Sep. 2022 to Sep. 2023 .

Symbotic's Accounts Receivable for the quarter that ended in Mar. 2024 was $128 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. Symbotic's Days Sales Outstanding for the three months ended in Mar. 2024 was 27.46.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Symbotic's liquidation value for the three months ended in Mar. 2024 was $-67 Mil.

Symbotic Change In Receivables Historical Data

The historical data trend for Symbotic'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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Symbotic Change In Receivables Chart

Symbotic Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

-1.13

0.34

-1.62

-0.51

-65.82

Symbotic Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial											-72.18	50.84	4.48	-83.79	25.33

Symbotic 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 $-3 Mil.

Symbotic (NAS:SYM) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	127.677	/	424.301	*	91
=	27.46

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

Symbotic'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)
=	951.36	-	1174.391	+	0.75 * 127.677	+	0.5 * 119.772
=	-67

Symbotic Change In Receivables Related Terms

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Symbotic (Symbotic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Symbotic Inc (NAS:SYM) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

SYM:Mexico

Address

200 Research Drive, Wilmington, MA, USA, 01887

Website

https://www.symbotic.com

Symbotic Inc is an automation technology company that develops technologies to improve operating efficiencies in modern warehouses. The group develops, commercializes, and deploys innovative, end-to-end technology solutions that dramatically improve supply chain operations. Symbotic also automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The company operates in two geographical regions the United States and Canada. Key revenue is generated from the United States.

Executives

Michael David Dunn	officer: See Remarks	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Todd Krasnow	director	C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Boyd William M Iii	officer: Chief Strategy Officer	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Rollin L. Ford	director	702 S.W. 8TH STREET, MAIL STOP # 0215, BENTONVILLE AR 72716-0215
Charles Kane	director	289 TURNPIKE RD, WESTBORO MA 01581
David A Ladensohn	10 percent owner	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Ernst Thomas C Jr	officer: Chief Financial Officer	2201 LAKESIDE BLVD., RICHARDSON TX 75082
Richard B Cohen	director, 10 percent owner, officer: See Remarks	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Janet L Cohen	10 percent owner	C/O SYMBOTIC INC., 200 RESEARCH DRIVE, WILMINGTON MA 01887
Sunlight Investment Corp.	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025
Svf Ii Strategic Investments Aiv Llc	10 percent owner	300 EL CAMINO REAL, MENLO PARK CA 94025
Svf Ii Spac Investment 3 (de) Llc	10 percent owner	1 CIRCLE STAR WAY, SAN CARLOS CA 94070
Softbank Group Corp	10 percent owner	1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Northstar Gp Sb	10 percent owner	69 GROSVENOR STREET, LONDON X0 W1K 3JP
Sb Management Ltd	10 percent owner	9TH FLOOR, AL SILA TOWER, ADGM SQUARE, AL MARYAH ISLAND, ABU DHABI C0 NA