Confluent (Confluent) Change In Receivables : $-53.6 Mil (TTM As of Dec. 2023)

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What is Confluent Change In Receivables?

Confluent's change in receivables for the quarter that ended in Dec. 2023 was $-47.5 Mil. It means Confluent's Accounts Receivable increased by $47.5 Mil from Sep. 2023 to Dec. 2023 .

Confluent's change in receivables for the fiscal year that ended in Dec. 2023 was $-53.6 Mil. It means Confluent's Accounts Receivable increased by $53.6 Mil from Dec. 2022 to Dec. 2023 .

Confluent's Accounts Receivable for the quarter that ended in Dec. 2023 was $165.8 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. Confluent's Days Sales Outstanding for the three months ended in Dec. 2023 was 70.95.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Confluent's liquidation value for the three months ended in Dec. 2023 was $374.7 Mil.

Confluent Change In Receivables Historical Data

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

Confluent Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-27.12

-41.61

-32.52

-42.08

-53.59

Confluent Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables	Get a 7-Day Free Trial												-35.67	8.07	-19.36	5.15	-47.45

Confluent 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-53.6 Mil.

Confluent (NAS:CFLT) 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.

Confluent's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	165.762	/	213.184	*	91
=	70.95

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

Confluent's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1900.77	-	1650.394	+	0.75 * 165.762	+	0.5 * 0
=	374.7

Confluent Change In Receivables Related Terms

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Confluent (Confluent) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Confluent Inc (NAS:CFLT) » Definitions » Change In Receivables

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Traded in Other Exchanges

CFLT:Mexico 8QR:Germany 8QR:Germany

Address

899 West Evelyn Avenue, Mountain View, CA, USA, 94041

Website

https://www.confluent.io

Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. It provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.

Executives

Rohan Sivaram	officer: Chief Financial Officer	C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Chad Verbowski	officer: SVP of Engineering	C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Ying Christina Liu	officer: Chief Accounting Officer	C/O ZENDESK, INC., 1019 MARKET STREET, SAN FRANCISCO CA 94103
Edward Jay Kreps	director, 10 percent owner, officer: Chief Executive Officer	C/O CONFLUENT, INC., 899 W. EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Erica Schultz	officer: President, Field Operations	C/O NEW RELIC, INC., 188 SPEAR STREET, STE. 1200, SAN FRANCISCO CA 94105
Michelangelo Volpi	director	C/O HORTONWORKS, INC., 3640 W. BAYSHORE RD., PALO ALTO CA 94303
Stephanie Buscemi	officer: Chief Marketing Officer	C/O IHS INC., 15 INVERNESS EAST WAY, ENGLEWOOD CO 80107
Jonathan Chadwick	director	3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Lara Caimi	director	C/O CONFLUENT, INC., 899 W EVELYN AVENUE, MOUNTAIN VIEW CA 94041
Steffan Tomlinson	officer: Chief Financial Officer	PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054
Eric Vishria	director, 10 percent owner	2965 WOODSIDE ROAD, WOODSIDE CA 94062
Sequoia Capital Fund, L.p.	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Index Ventures Vii Parallel Entrepreneur Fund (jersey), L.p.	10 percent owner	C/O EFG WEALTH SOLUTIONS (JERSEY) LTD, NO. 1 SEATON PLACE, ST. HELIER Y9 JE4 8YJ
Sequoia Capital Fund Parallel, Llc	10 percent owner	2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Index Ventures Vii (jersey), L.p.	10 percent owner	C/O EFG WEALTH SOLUTIONS (JERSEY) LTD, NO. 1 SEATON PLACE, ST. HELIER Y9 JE4 8YJ