Palantir Technologies (Palantir Technologies) Change In Receivables : $-106 Mil (TTM As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Palantir Technologies Change In Receivables?

Palantir Technologies's change in receivables for the quarter that ended in Dec. 2023 was $54 Mil. It means Palantir Technologies's Accounts Receivable declined by $54 Mil from Sep. 2023 to Dec. 2023 .

Palantir Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was $-106 Mil. It means Palantir Technologies's Accounts Receivable increased by $106 Mil from Dec. 2022 to Dec. 2023 .

Palantir Technologies's Accounts Receivable for the quarter that ended in Dec. 2023 was $365 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. Palantir Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 54.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Palantir Technologies's liquidation value for the three months ended in Dec. 2023 was $2,986 Mil.

Palantir Technologies Change In Receivables Historical Data

The historical data trend for Palantir Technologies'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.

Palantir Technologies Change In Receivables Chart

Palantir Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-23.91

-108.48

-35.24

-72.82

-106.16

Palantir Technologies Quarterly Data
	Dec18	Jun19	Sep19	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															81.77	-0.63	-113.04	-46.09	53.59

Palantir Technologies 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 $-106 Mil.

Palantir Technologies (NYSE:PLTR) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	364.784	/	608.35	*	91
=	54.72

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

Palantir Technologies'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)
=	3674.179	-	961.46	+	0.75 * 364.784	+	0.5 * 0
=	2,986

Palantir Technologies Change In Receivables Related Terms

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

Palantir Technologies (Palantir Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Palantir Technologies Inc (NYSE:PLTR) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

1PLTR:Italy PTX:Germany PTX:Germany PTX:Germany PTX:Germany P2LT34:Brazil PLTR:Austria

Address

1200 17th Street, Floor 15, Denver, CO, USA, 80202

Website

https://www.palantir.com

Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.

Executives

Alexandra W. Schiff	director	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Alexander D. Moore	director	C/O PALANTIR TECHNOLOGIES, INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Stat Lauren Elaina Friedman	director	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Heather A. Planishek	officer: See Remarks	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Stephen Andrew Cohen	director, officer: President and Secretary	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Ryan D. Taylor	officer: See Remarks	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
David A. Glazer	officer: CFO and Treasurer	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Shyam Sankar	officer: Chief Operating Officer & EVP	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Alexander C. Karp	director, officer: Chief Executive Officer	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Eric H. Woersching	director	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Jeffrey Buckley	officer: Chief Accounting Officer	C/O PALANTIR TECHNOLOGIES INC., 1200 17TH STREET, FLOOR 15, DENVER CO 80202
Spencer M Rascoff	director	212 26TH STREET, UNIT 317, SANTA MONICA CA 90402
Peter Thiel	director, 10 percent owner	9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069
Matthew A. Long	officer: General Counsel	C/O PALANTIR TECHNOLOGIES INC., 1555 BLAKE STREET, SUITE 250, DENVER CO 80202
Sompo Holdings, Inc.	10 percent owner	26-1, NISHI-SHINJUKU 1-CHOME, SHINJUKU-KU, TOKYO M0 160-8338