Adobe (FRA:ADB) Change In Receivables : €-241 Mil (TTM As of Feb. 2024)

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What is Adobe Change In Receivables?

Adobe's change in receivables for the quarter that ended in Feb. 2024 was €154 Mil. It means Adobe's Accounts Receivable declined by €154 Mil from Nov. 2023 to Feb. 2024 .

Adobe's change in receivables for the fiscal year that ended in Nov. 2023 was €-147 Mil. It means Adobe's Accounts Receivable increased by €147 Mil from Nov. 2022 to Nov. 2023 .

Adobe's Accounts Receivable for the quarter that ended in Feb. 2024 was €1,907 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. 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 €-4,568 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.

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Adobe Change In Receivables Chart

Adobe Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Change In Receivables

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-170.14

89.68

-376.68

-194.24

-146.92

Adobe Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Receivables	Get a 7-Day Free Trial															251.25	106.72	-154.06	-347.42	153.88

Adobe 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-241 Mil.

Adobe (FRA:ADB) 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:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	1906.839	/	4803.714	*	91
=	36.22

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

Adobe's liquidation value for the quarter that ended in Feb. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	6322.14	-	12320.757	+	0.75 * 1906.839	+	0.5 * 0
=	-4,568

Adobe Change In Receivables Related Terms

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Adobe (FRA:ADB) Business Description

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Address

345 Park Avenue, San Jose, CA, USA, 95110-2704

Website

https://www.adobe.com

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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