Meta Platforms (UKEX:FB) Days Sales Outstanding : 37.04 (As of Mar. 2024)

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What is Meta Platforms Days Sales Outstanding?

Meta Platforms's average Accounts Receivable for the three months ended in Mar. 2024 was ₴584,975 Mil. Meta Platforms's Revenue for the three months ended in Mar. 2024 was ₴1,440,945 Mil. Hence, Meta Platforms's Days Sales Outstanding for the three months ended in Mar. 2024 was 37.04.

The historical rank and industry rank for Meta Platforms's Days Sales Outstanding or its related term are showing as below:

UKEX:FB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.81 Med: 43.2 Max: 44.27
Current: 33.81

During the past 13 years, Meta Platforms's highest Days Sales Outstanding was 44.27. The lowest was 33.81. And the median was 43.20.

UKEX:FB's Days Sales Outstanding is ranked better than
68.94% of 573 companies
in the Interactive Media industry
Industry Median: 45.47 vs UKEX:FB: 33.81

Meta Platforms's Days Sales Outstanding declined from Mar. 2023 (39.04) to Mar. 2024 (37.04).

Meta Platforms Days Sales Outstanding Historical Data

The historical data trend for Meta Platforms's Days Sales Outstanding 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 Days Sales Outstanding Chart

Meta Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.16

44.27

39.27

43.05

40.09

Meta Platforms Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															39.04	33.59	34.01	33.12	37.04

Competitive Comparison of Meta Platforms's Days Sales Outstanding

For the Internet Content & Information subindustry, Meta Platforms's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Meta Platforms's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Meta Platforms's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Meta Platforms's Days Sales Outstanding falls into.

Meta Platforms Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Meta Platforms's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (532266.071	+	639106.647)	/	2 )	/	5332226.165	*	365
=	585686.359					/	5332226.165	*	365
=	40.09

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

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (639106.647	+	530843.111)	/	2 )	/	1440944.573	*	365 / 4
=	584974.879					/	1440944.573	*	365 / 4
=	37.04

Meta Platforms (UKEX:FB) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Meta Platforms Days Sales Outstanding Related Terms

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Meta Platforms (UKEX:FB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (UKEX:FB) » Definitions » Days Sales Outstanding

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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.

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