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Fastly (LTS:0A3P) Change In Receivables : $-21.3 Mil (TTM As of Sep. 2024)


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What is Fastly Change In Receivables?

Fastly's change in receivables for the quarter that ended in Sep. 2024 was $-4.0 Mil. It means Fastly's Accounts Receivable increased by $4.0 Mil from Jun. 2024 to Sep. 2024 .

Fastly's change in receivables for the fiscal year that ended in Dec. 2023 was $-32.9 Mil. It means Fastly's Accounts Receivable increased by $32.9 Mil from Dec. 2022 to Dec. 2023 .

Fastly's Accounts Receivable for the quarter that ended in Sep. 2024 was $116.8 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. Fastly's Days Sales Outstanding for the three months ended in Sep. 2024 was 77.68.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Fastly's liquidation value for the three months ended in Sep. 2024 was $-106.5 Mil.


Fastly Change In Receivables Historical Data

The historical data trend for Fastly'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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Fastly Change In Receivables Chart

Fastly Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -12.77 -9.26 -14.56 -27.36 -32.95

Fastly Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Change In Receivables 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 -20.54 -22.59 12.03 -6.75 -3.98

Fastly 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-21.3 Mil.

* 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.


Fastly  (LTS:0A3P) 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.

Fastly's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=116.8/137.206*91
=77.68

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

Fastly's liquidation value for the quarter that ended in Sep. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=308.247-502.3+0.75 * 116.8+0.5 * 0
=-106.5

* 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.


Fastly Change In Receivables Related Terms

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Fastly Business Description

Industry
Traded in Other Exchanges
Address
475 Brannan Street, Suite 300, San Francisco, CA, USA, 94107
Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2023.

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