Apple (FRA:APC) Change In Receivables

: €3,628 Mil (TTM As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

Apple's change in receivables for the quarter that ended in Dec. 2023 was €10,201 Mil. It means Apple's Accounts Receivable declined by €10,201 Mil from Sep. 2023 to Dec. 2023 .

Apple's change in receivables for the fiscal year that ended in Sep. 2023 was €-391 Mil. It means Apple's Accounts Receivable increased by €391 Mil from Sep. 2022 to Sep. 2023 .

Apple's Accounts Receivable for the quarter that ended in Dec. 2023 was €21,269 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. Apple's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.70.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Apple's liquidation value for the three months ended in Dec. 2023 was €-170,253 Mil.

Apple Change In Receivables Historical Data

The historical data trend for Apple'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.

* Premium members only.

Apple Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Change In Receivables

2,883.81

7,191.03

-11,923.80

-9,436.43

-390.73

Apple Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Receivables																6,225.68	16,612.12	-3,379.10	-19,805.37	10,200.71

Apple 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 €3,628 Mil.

Apple (FRA:APC) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	21268.898	/	109650.275	*	91
=	17.70

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

Apple'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)
=	67032.7	-	256222.638	+	0.75 * 21268.898	+	0.5 * 5970.587
=	-170,253

Apple Change In Receivables Related Terms

Thank you for viewing the detailed overview of Apple's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.

Apple (FRA:APC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Apple Inc (FRA:APC) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

AAPL:USA AAPL:Peru AAPL:Mexico AAPL:Italy APCd:UK 0R2V:UK APC8:Germany APC:Germany APC:Germany APC:Germany AAPL:Chile AAPL:Canada AAPL34:Brazil AAPL:Austria AAPL:Argentina

Address

One Apple Park Way, Cupertino, CA, USA, 95014

Website

https://www.apple.com

Apple is among the largest companies in the world, with a broad portfolio of hardware and software products targeted at consumers and businesses. Apple's iPhone makes up a majority of the firm sales, and Apple's other products like Mac, iPad, and Watch are designed around the iPhone as the focal point of an expansive software ecosystem. Apple has progressively worked to add new applications, like streaming video, subscription bundles, and augmented reality. The firm designs its own software and semiconductors while working with subcontractors like Foxconn and TSMC to build its products and chips. Slightly less than half of Apple's sales come directly through its flagship stores, with a majority of sales coming indirectly through partnerships and distribution.

Apple (FRA:APC) Headlines

No Headlines