GURUFOCUS.COM » STOCK LIST » Technology » Software » Palantir Technologies Inc (MIL:1PLTR) » Definitions » Change In Receivables

Palantir Technologies (MIL:1PLTR) Change In Receivables : €-270 Mil (TTM As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Palantir Technologies Change In Receivables?

Palantir Technologies's change in receivables for the quarter that ended in Jun. 2024 was €-164 Mil. It means Palantir Technologies's Accounts Receivable increased by €164 Mil from Mar. 2024 to Jun. 2024 .

Palantir Technologies's change in receivables for the fiscal year that ended in Dec. 2023 was €-97 Mil. It means Palantir Technologies's Accounts Receivable increased by €97 Mil from Dec. 2022 to Dec. 2023 .

Palantir Technologies's Accounts Receivable for the quarter that ended in Jun. 2024 was €613 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. Palantir Technologies's Days Sales Outstanding for the three months ended in Jun. 2024 was 88.72.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Palantir Technologies's liquidation value for the three months ended in Jun. 2024 was €3,195 Mil.


Palantir Technologies Change In Receivables Historical Data

The historical data trend for Palantir Technologies'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.

Palantir Technologies Change In Receivables Chart

Palantir Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Receivables
Get a 7-Day Free Trial -21.52 -89.17 -31.19 -68.74 -97.35

Palantir Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -107.41 -43.19 49.15 -112.13 -163.90

Palantir Technologies 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-270 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.


Palantir Technologies  (MIL:1PLTR) 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.

Palantir Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding
=Accounts Receivable/Revenue*Days in Period
=612.526/629.986*91
=88.72

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

Palantir Technologies's liquidation value for the quarter that ended in Jun. 2024 is calculated as:

Liquidation Value
=Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=3714.568-979.235+0.75 * 612.526+0.5 * 0
=3,195

* 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.


Palantir Technologies Change In Receivables Related Terms

Thank you for viewing the detailed overview of Palantir Technologies's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.


Palantir Technologies Business Description

Comparable Companies
Address
1200 17th Street, Floor 15, Denver, CO, USA, 80202
Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.

Palantir Technologies Headlines

No Headlines