DraftKings (MEX:DKNG) Change In Receivables : MXN3,834 Mil (TTM As of Mar. 2025)

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What is DraftKings Change In Receivables?

DraftKings's change in receivables for the quarter that ended in Mar. 2025 was MXN-555 Mil. It means DraftKings's Accounts Receivable increased by MXN555 Mil from Dec. 2024 to Mar. 2025 .

DraftKings's change in receivables for the fiscal year that ended in Dec. 2024 was MXN4,968 Mil. It means DraftKings's Accounts Receivable declined by MXN4,968 Mil from Dec. 2023 to Dec. 2024 .

DraftKings's Accounts Receivable for the quarter that ended in Mar. 2025 was MXN3,018 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. DraftKings's Days Sales Outstanding for the three months ended in Mar. 2025 was 9.56.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. DraftKings's liquidation value for the three months ended in Mar. 2025 was MXN-49,356 Mil.

DraftKings Change In Receivables Historical Data

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

DraftKings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Change In Receivables

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-481.84

-481.81

-2,004.46

-2,344.64

4,967.91

DraftKings Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Change In Receivables	Get a 7-Day Free Trial															498.34	531.47	-2,043.54	5,901.14	-555.36

DraftKings 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN3,834 Mil.

DraftKings (MEX:DKNG) 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.

DraftKings's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3018.137	/	28821.635	*	91
=	9.56

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

DraftKings's liquidation value for the quarter that ended in Mar. 2025 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	22907.865	-	74527.136	+	0.75 * 3018.137	+	0.5 * 0
=	-49,356

DraftKings Change In Receivables Related Terms

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DraftKings Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

DKNG:USA 0ABA:UK IK1:Germany D2KN34:Brazil

Address

222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116

Website

https://www.draftkings.com

DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in about 25 states and iGaming in five states, with both products available to around 40% of Canada's population. In 2024, sports revenue was 61% of total sales, i-gaming 32%, and fantasy and lottery 7%. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.