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Snap (MEX:SNAP) Change In Receivables : MXN-2,497 Mil (TTM As of Dec. 2024)


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What is Snap Change In Receivables?

Snap's change in receivables for the quarter that ended in Dec. 2024 was MXN-3,490 Mil. It means Snap's Accounts Receivable increased by MXN3,490 Mil from Sep. 2024 to Dec. 2024 .

Snap's change in receivables for the fiscal year that ended in Dec. 2024 was MXN-1,961 Mil. It means Snap's Accounts Receivable increased by MXN1,961 Mil from Dec. 2023 to Dec. 2024 .

Snap's Accounts Receivable for the quarter that ended in Dec. 2024 was MXN28,123 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. Snap's Days Sales Outstanding for the three months ended in Dec. 2024 was 79.01.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Snap's liquidation value for the three months ended in Dec. 2024 was MXN-22,899 Mil.


Snap Change In Receivables Historical Data

The historical data trend for Snap'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.

* Premium members only.

Snap Change In Receivables Chart

Snap Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Receivables
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,088.73 -6,830.49 -2,335.23 -1,665.63 -1,960.54

Snap Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -2,612.32 2,692.03 -676.31 -1,022.73 -3,490.31

Snap 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN-2,497 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.


Snap  (MEX:SNAP) 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.

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

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=28123.327/32478.227*91
=79.01

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

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

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=70414.662-114405.757+0.75 * 28123.327+0.5 * 0
=-22,899

* 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.


Snap Change In Receivables Related Terms

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Snap Business Description

Address
3000 31st Street, Santa Monica, CA, USA, 90405
Snap is a technology company best known for its marquis social media application Snapchat, a visual messaging application that has amassed hundreds of millions of users. The app was initially only used to communicate with family and friends through photographs and short videos (known as "Snaps"). Users can now enjoy augmented reality, or AR, lenses, content from famous creators and celebrities, updates about local events, and more. Although the app offers a paid subscription option with premium features, advertising sales produce most of the app's revenue. The firm also sells wearable devices called AR Spectacles, which can capture photos and videos overlayed with AR lenses, but these make up a small portion of Snap's overall sales.