Robinhood Markets (FRA:7KY) Change In Receivables : €-2,318 Mil (TTM As of Mar. 2024)

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What is Robinhood Markets Change In Receivables?

Robinhood Markets's change in receivables for the quarter that ended in Mar. 2024 was €-1,305 Mil. It means Robinhood Markets's Accounts Receivable increased by €1,305 Mil from Dec. 2023 to Mar. 2024 .

Robinhood Markets's change in receivables for the fiscal year that ended in Dec. 2023 was €-1,280 Mil. It means Robinhood Markets's Accounts Receivable increased by €1,280 Mil from Dec. 2022 to Dec. 2023 .

Robinhood Markets's Accounts Receivable for the quarter that ended in Mar. 2024 was €4,149 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. Robinhood Markets's Days Sales Outstanding for the three months ended in Mar. 2024 was 665.92.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Robinhood Markets's liquidation value for the three months ended in Mar. 2024 was €-24,404 Mil.

Robinhood Markets Change In Receivables Historical Data

The historical data trend for Robinhood Markets'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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Robinhood Markets Change In Receivables Chart

Robinhood Markets Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-66.41

-2,364.07

-2,943.51

2,719.66

-1,280.13

Robinhood Markets Quarterly Data
	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													-285.80	-266.75	-544.40	-201.74	-1,305.48

Robinhood Markets 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 €-2,318 Mil.

Robinhood Markets (FRA:7KY) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	4149.2	/	568.56	*	91
=	665.92

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

Robinhood Markets'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)
=	8550.48	-	36066.76	+	0.75 * 4149.2	+	0.5 * 0
=	-24,404

Robinhood Markets Change In Receivables Related Terms

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Robinhood Markets (FRA:7KY) Business Description

Industry

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Traded in Other Exchanges

HOOD:USA HOOD:Mexico

Address

85 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.robinhood.com

Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

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