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Splunk (Splunk) Accounts Receivable : $1,841 Mil (As of Jan. 2024)


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What is Splunk Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Splunk's accounts receivables for the quarter that ended in Jan. 2024 was $1,841 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Splunk's Days Sales Outstanding for the quarter that ended in Jan. 2024 was 113.03.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Splunk's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-15.20.


Splunk Accounts Receivable Historical Data

The historical data trend for Splunk'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.

Splunk Accounts Receivable Chart

Splunk Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Accounts Receivable
Get a 7-Day Free Trial Premium Member Only Premium Member Only 838.74 1,114.20 1,306.67 1,572.60 1,840.93

Splunk Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,572.60 774.06 974.20 1,131.62 1,840.93

Splunk Accounts Receivable Calculation

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


Splunk 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=1840.928/1486.147*91
=113.03

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

Splunk's Net-Net Working Capital Per Share for the quarter that ended in Jan. 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)
=(2003.553+0.75 * 1840.928+0.5 * 0-5946.747
-0-0)/168.539
=-15.20

* 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.


Splunk Accounts Receivable Related Terms

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Splunk (Splunk) Business Description

Traded in Other Exchanges
Address
270 Brannan Street, San Francisco, CA, USA, 94107
Splunk is a cloud-first software company that focuses on analyzing machine data. The company is a major player in two markets: security, and full-stack monitoring and analysis. The San Francisco-based firm focuses on enterprise clients, with more than 90% of the Fortune 100 using its solutions. The firm's top line consists of the sale of software licenses, cloud subscriptions, and maintenance and support.
Executives
Scott Morgan officer: General Counsel and Secretary C/O SPLUNK INC.,270 BRANNAN STREET, SAN JOSE CA 94107
Christian Smith officer: SVP, Chief Revenue Officer C/O SPLUNK INC., 270 BRANNAN ST CA 94107
Gary Steele director, officer: President and CEO C/O PROOFPOINT, INC., 892 ROSS DRIVE, SUNNYVALE CA 94089
Elisa Steele director 1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Yamini Rangan director 333 BRANNAN STREET, SAN FRANCISCO CA 94107
Brian Kayman officer: Chief Accounting Officer 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Tom Casey officer: SVP, GM Platform C/O SPLUNK INC., 270 BRANNAN ST CA 94107
Brian Keith Roberts officer: SVP & Chief Financial Officer C/O LYFT, INC., 185 BERRY STREET, SUITE 5000, SAN FRANCISCO CA 94107
Richard P Wallace director KLA TENCOR, 160 RIO ROBLES, SAN JOSE CA 95134
David R Tunnell director C/O HELLMAN & FRIEDMAN, 415 MISSION STREET SUITE 5700, SAN FRANCISCO CA 94105
Jason Child officer: SVP & Chief Financial Officer C/O SPLUNK INC., 270 BRANNAN ST., SAN FRANCISCO CA 94107
Shawn Bice officer: President of PROD & TECH C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Timothy Emanuelson officer: Chief Accounting Officer C/O SPLUNK INC., 270 BRANNAN STREET, SAN FRANCISCO CA 94107
Luis Felipe Visoso director C/O UNITY SOFTWARE INC., 30 3RD STREET, SAN FRANCISCO CA 94103
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107