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Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Roblox's accounts receivables for the quarter that ended in Sep. 2024 was $386 Mil.
Accounts receivable can be measured by Days Sales Outstanding. Roblox's Days Sales Outstanding for the quarter that ended in Sep. 2024 was 38.29.
In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Roblox's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-5.92.
The historical data trend for Roblox'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.
Roblox Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Accounts Receivable | Get a 7-Day Free Trial | 91.26 | 246.99 | 307.35 | 379.35 | 505.77 |
Roblox Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Accounts Receivable | Get a 7-Day Free Trial | 285.32 | 505.77 | 331.68 | 345.81 | 385.59 |
Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.
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.
Roblox's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 385.591 | / | 918.953 | * | 91 |
= | 38.29 |
2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Roblox's accounts receivable are only considered to be worth 75% of book value:
Roblox's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 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) | ||
= | (2322.954 | + | 0.75 * 385.591 | + | 0.5 * 0 | - | 6509.504 |
- | 0 | - | -11.447) | / | 656.132 | ||
= | -5.92 |
* 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.
Thank you for viewing the detailed overview of Roblox's Accounts Receivable provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael Guthrie | officer: Chief Financial Officer | TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401 |
Anthony P Lee | director | 970 PARK PLACE, SAN MATEO CA 94403 |
Gregory Baszucki | director | 970 PARK PLACE, SAN MATEO CA 94403 |
Mark Reinstra | officer: Gen. Counsel & Secretary | 970 PARK PLACE, SAN MATEO CA 94403 |
Amy Marie Rawlings | officer: Chief Accounting Officer | C/O ZYNGA INC., 699 8TH STREET, SAN FRANCISCO CA 94103 |
Manuel Bronstein | officer: Chief Product Officer | 970 PARK PLACE, SUITE 100, SAN MATEO CA 94403 |
David Baszucki | director, 10 percent owner, officer: President & CEO | 970 PARK PLACE, SAN MATEO CA 94403 |
Daniel Sturman | officer: Chief Technology Officer | 970 PARK PLACE, SAN MATEO CA 94403 |
Andrea L Wong | director | 12300 LIBERTY BLVD., ENGLEWOOD CO 80112 |
Han Kim | 10 percent owner | 2882 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025 |
Barbara Messing | officer: CMKtg & People Exper Officer | C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007 |
Jason Kilar | director | 208 S. AKARD ST, DALLAS TX 75202 |
Craig Donato | officer: Chief Business Officer | 970 PARK PLACE, SAN MATEO CA 94403 |
Altos Management Partners Iv Lr Gp, Llc | 10 percent owner | 2882 SAND HILL ROAD, SUITE 100, MENLO PARK CA 94025 |
Deepika Gupta | officer: Principal Accounting Officer | C/O ROBLOX CORPORATION, 970 PARK PLACE, SAN MATEO CA 94403 |
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