Meta Platforms (WBO:META) Change In Receivables : €-2,238 Mil (TTM As of Mar. 2024)

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What is Meta Platforms Change In Receivables?

Meta Platforms's change in receivables for the quarter that ended in Mar. 2024 was €2,318 Mil. It means Meta Platforms's Accounts Receivable declined by €2,318 Mil from Dec. 2023 to Mar. 2024 .

Meta Platforms's change in receivables for the fiscal year that ended in Dec. 2023 was €-2,200 Mil. It means Meta Platforms's Accounts Receivable increased by €2,200 Mil from Dec. 2022 to Dec. 2023 .

Meta Platforms's Accounts Receivable for the quarter that ended in Mar. 2024 was €12,356 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. Meta Platforms's Days Sales Outstanding for the three months ended in Mar. 2024 was 33.62.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Meta Platforms's liquidation value for the three months ended in Mar. 2024 was €-4,713 Mil.

Meta Platforms Change In Receivables Historical Data

The historical data trend for Meta Platforms'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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Meta Platforms Change In Receivables Chart

Meta Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-1,764.90

-1,242.86

-2,752.35

218.06

-2,199.88

Meta Platforms Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															2,377.96	-1,314.35	-635.29	-2,607.03	2,318.40

Meta Platforms 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-2,238 Mil.

Meta Platforms (WBO:META) 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.

Meta Platforms's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	12355.6	/	33538.6	*	91
=	33.62

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

Meta Platforms's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	53470.4	-	67449.8	+	0.75 * 12355.6	+	0.5 * 0
=	-4,713

Meta Platforms Change In Receivables Related Terms

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Meta Platforms (WBO:META) Business Description

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Meta is the world's largest online social network, with 3.8 billion family of apps monthly active users. Users engage with each other in different ways, exchanging messages and sharing news events, photos, and videos. The firm's ecosystem consists mainly of the Facebook app, Instagram, Messenger, WhatsApp, and many features surrounding these products. Users can access Facebook on mobile devices and desktops. Advertising revenue represents more than 90% of the firm's total revenue, with more than 45% coming from the U.S. and Canada and over 20% from Europe.