Snowflake (Snowflake) Change In Receivables : $-212 Mil (TTM As of Jan. 2024)

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What is Snowflake Change In Receivables?

Snowflake's change in receivables for the quarter that ended in Jan. 2024 was $-417 Mil. It means Snowflake's Accounts Receivable increased by $417 Mil from Oct. 2023 to Jan. 2024 .

Snowflake's change in receivables for the fiscal year that ended in Jan. 2024 was $-212 Mil. It means Snowflake's Accounts Receivable increased by $212 Mil from Jan. 2023 to Jan. 2024 .

Snowflake's Accounts Receivable for the quarter that ended in Jan. 2024 was $927 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. Snowflake's Days Sales Outstanding for the three months ended in Jan. 2024 was 109.18.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Snowflake's liquidation value for the three months ended in Jan. 2024 was $1,509 Mil.

Snowflake Change In Receivables Historical Data

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

Snowflake Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

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-116.87

-116.29

-251.65

-166.97

-212.08

Snowflake Quarterly Data
	Jan19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Receivables	Get a 7-Day Free Trial															-317.69	362.89	-53.05	-104.71	-417.22

Snowflake 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-212 Mil.

Snowflake (NYSE:SNOW) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	926.902	/	774.699	*	91
=	109.18

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	3846.248	-	3032.789	+	0.75 * 926.902	+	0.5 * 0
=	1,509

Snowflake Change In Receivables Related Terms

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Snowflake (Snowflake) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Snowflake Inc (NYSE:SNOW) » Definitions » Change In Receivables

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Traded in Other Exchanges

SNOW:Mexico 0A93:UK 5Q5:Germany 5Q5:Germany 5Q5:Germany 5Q5:Germany S2NW34:Brazil SNWF:Austria

Address

106 East Babcock Street, Suite 3A, Bozeman, MT, USA, 59715

Website

https://www.snowflake.com

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.

Executives

Christian Kleinerman	officer: SVP, Product Management	106 E. BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Christopher William Degnan	officer: Chief Revenue Officer	450 CONCAR DRIVE, SAN MATEO CA 94402
Frank Slootman	director, 10 percent owner, officer: CEO and Chairman	106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Grzegorz Czajkowski	officer: SVP, Engineering and Support	106 E. BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Benoit Dageville	director, 10 percent owner, officer: President of Products	450 CONCAR DRIVE, SAN MATEO CA 94402
Teresa Briggs	director	2225 LAWSON LANE, SANTA CLARA CA 95054
Michael L Speiser	director, 10 percent owner	755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Michael Scarpelli	10 percent owner, officer: Chief Financial Officer	106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Mark D Mclaughlin	director	C/O PALO ALTO NETWORKS, INC., 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
John Dennis Mcmahon	director	C/O BLADELOGIC, INC., 10 MAGUIRE STREET, BUILDING 3, LEXINGTON MA 02421
Stephen B Burke	director	41 CENTRAL PARK WEST - APT 11A, NEW YORK NY 10023
Jeremy Burton	director	C/O SNOWFLAKE INC., 106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715
Mark Garrett	director	106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715
Sequoia Grove Manager, Llc	10 percent owner	SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Ii, Llc	10 percent owner	SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025