Adobe's change in receivables for the quarter that ended in Feb. 2024 was $166 Mil. It means Adobe's Accounts Receivable
declined by $166 Mil
from Nov. 2023 to Feb. 2024 .
Adobe's change in receivables for the fiscal year that ended in Nov. 2023 was $-159 Mil. It means Adobe's Accounts Receivable
increased by $159 Mil
from Nov. 2022 to Nov. 2023 .
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.
Adobe's Days Sales Outstanding for the
three
months ended in Feb. 2024 was 36.22.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Adobe's liquidation value for the
three
months ended in Feb. 2024 was $-4,928 Mil.
Adobe Change In Receivables Historical Data
The historical data trend for Adobe'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.
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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-262 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.
Adobe (NAS:ADBE) 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.
Adobe's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:
* 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.
Adobe Change In Receivables Related Terms
Thank you for viewing the detailed overview of Adobe's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing and engaging with compelling content multiple operating systems, devices and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
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