AppLovin (MEX:APP) Accounts Receivable: MXN35,308 Mil (As of Mar. 2026)

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MEX:APP AppLovin Corp MEX:APP
73 GF Score
Price MXN6,873.00
GF Value MXN8,854.93
Valuation Modestly Undervalued
! 1 Warning Sign
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What is AppLovin Accounts Receivable?

AppLovin MEX:APP -1.84% 73 Accounts Receivable is MXN35,308 Mil as of Mar. 2026. GuruFocus rates MEX:APP with a GF Score™ of 73/100 and a GF Value™ of MXN8,854.93 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. AppLovin's accounts receivables for the quarter that ended in Mar. 2026 was MXN35,308 Mil.

Accounts receivable can be measured by Days Sales Outstanding. AppLovin's Days Sales Outstanding for the quarter that ended in Mar. 2026 was 96.97.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. AppLovin's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was MXN-59.90.


AppLovin Accounts Receivable 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 receivables are being managed.

AppLovin's Days Sales Outstanding for the quarter that ended in Mar. 2026 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=35308.441/33224.33*91
=96.97

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), AppLovin's accounts receivable are only considered to be worth 75% of book value:

AppLovin's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is calculated as:

Net-Net Working Capital Per Share
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(49746.287+0.75 * 35308.441+0.5 * 0-96370.752
-0-0)/336.295
=-59.90

* 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.


Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.


AppLovin Accounts Receivable Related Terms


AppLovin Accounts Receivable Historical Data

* Premium members only.

The historical data trend for AppLovin's Accounts Receivable 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.

AppLovin Accounts Receivable Chart

AppLovin Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Accounts Receivable
Get a 7-Day Free Trial 10,554.86 13,702.06 16,190.21 26,764.85 32,758.96

AppLovin Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Accounts Receivable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32,279.19 29,781.75 29,423.24 32,758.96 35,308.44
MEX:APP
73GF Score
AppLovin Corp MEX:APP
Accounts Receivable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AppLovin Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Frequently Asked Questions Learn more about Accounts Receivable →
What does a Accounts Receivable of MXN35,308 Mil mean?
AppLovin (MEX:APP) has a Accounts Receivable of MXN35,308 Mil as of Mar. 2026. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on AppLovin and its competitors.
Is AppLovin's Accounts Receivable too high?
AppLovin's current Accounts Receivable is MXN35,308 Mil. Overall, AppLovin has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does AppLovin's Accounts Receivable compare to OMC and TTD?
AppLovin's Accounts Receivable of MXN35,308 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accounts Receivable for a Media - Diversified company?
A good Accounts Receivable depends on the Media - Diversified industry context. However, Accounts Receivable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accounts Receivable mean?
A high Accounts Receivable can signal that a stock is expensive relative to its fundamentals. Accounts receivable is the amount a company expects to receive from credit-extending customers. View historical data on AppLovin and its competitors. AppLovin's current Accounts Receivable is MXN35,308 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AppLovin stock overvalued right now?
Based on GuruFocus' analysis, AppLovin (MEX:APP) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN8,854.93, compared to a current price of MXN6,873.00 — trading 22.4% below its estimated fair value. The current Accounts Receivable is MXN35,308 Mil. AppLovin's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accounts Receivable calculated?
Accounts Receivable is calculated from a company's financial statements. For AppLovin (MEX:APP), the current Accounts Receivable is MXN35,308 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is AppLovin (MEX:APP) Overvalued in 2026?

Based on GuruFocus' analysis, AppLovin stock appears to be undervalued. The current stock price of MXN6,873.00 is trading 22.4% below its estimated GF Value™ of MXN8,854.93. GuruFocus considers AppLovin to be Modestly Undervalued.

Key valuation signals for MEX:APP:

  • Accounts Receivable: MXN35,308 Mil
  • GF Value™: MXN8,854.93 vs. price of MXN6,873.00 (22.4% below fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the MEX:APP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AppLovin Business Description

Address 1100 Page Mill Road, Palo Alto, CA, USA, 94304
AppLovin is a vertically integrated advertising technology company that acts as a demand-side platform for advertisers, a supply-side platform for publishers, and an exchange facilitating transactions between the two. About 80% of AppLovin's revenue comes from the DSP, AppDiscovery, while the remainder comes from the SSP, Max. AppLovin's primary tool for future growth is AXON 2, which is an ad optimizer operating within the DSP that allows advertisers to place ads according to specified return thresholds.
73GF Score

Get the complete analysis for MEX:APP

Accounts Receivable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN6,873.00
Price
MXN8,854.93
GF Value