NTAP (NetApp) Change In Receivables : $-80 Mil (TTM As of Oct. 2024)

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What is NetApp Change In Receivables?

NetApp's change in receivables for the quarter that ended in Oct. 2024 was $-197 Mil. It means NetApp's Accounts Receivable increased by $197 Mil from Jul. 2024 to Oct. 2024 .

NetApp's change in receivables for the fiscal year that ended in Apr. 2024 was $-33 Mil. It means NetApp's Accounts Receivable increased by $33 Mil from Apr. 2023 to Apr. 2024 .

NetApp's Accounts Receivable for the quarter that ended in Oct. 2024 was $873 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. NetApp's Days Sales Outstanding for the three months ended in Oct. 2024 was 48.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. NetApp's liquidation value for the three months ended in Oct. 2024 was $-5,077 Mil.

NetApp Change In Receivables Historical Data

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

NetApp Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Change In Receivables

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238.00

62.00

-313.00

260.00

-33.00

NetApp Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24
Change In Receivables	Get a 7-Day Free Trial															-147.00	10.00	-228.00	335.00	-197.00

NetApp 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 Oct. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-80 Mil.

NetApp (NAS:NTAP) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	873	/	1658	*	91
=	48.05

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2222	-	8112	+	0.75 * 873	+	0.5 * 317
=	-5,077

NetApp Change In Receivables Related Terms

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NetApp Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

NTAP:Mexico 0K6F:UK NTA:Germany NTA:Germany NTA:Germany N1TA34:Brazil

Address

3060 Olsen Drive, San Jose, CA, USA, 95128

Website

https://www.netapp.com

NetApp Inc is a provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.

Executives

Thomas Michael Nevens	director	C/O BORLAND SOFTWARE CORPORATION, 20450 STEVENS CREEK BLVD, SUITE 800, CUPERTINO CA 95014
George Kurian	director, officer: Chief Executive Officer	C/O NETAPP, 495 E. JAVA DRIVE, SUNNYVALE CA 94089
Elizabeth M O'callahan	officer: EVP, GC and Secretary	NETAPP, INC, 3060 OLSEN DRIVE, SAN JOSE CA 95128
Cesar Cernuda	officer: President	1395 CROSSMAN AVENUE, SUNNYVALE CA 94089
Michael J Berry	officer: EVP Finance & Operations, CFO	C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063
George T Shaheen	director
Gerald Held	director
Robert Parks	officer: Chief Accounting Officer	C/O SYNEOS HEALTH, INC., 1030 SYNC STREET, MORRISVILLE NC 27560
Carrie Palin	director	1801 CALIFORNIA STREET, SUITE 500, DENVER CO 80202
Deepak Ahuja	director	C/O TESLA MOTORS, INC., 3500 DEER CREEK ROAD, PALO ALTO CA 94304
Kathryn Hill	director	7 WORLD TRADE CENTER, 250 GREENWICH STREET, NEW YORK NY 10007
Scott F. Schenkel	director	C/O EBAY INC., 2025 HAMILTON AVE., SAN JOSE CA 95125
Deborah Kerr	director	901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Harvinder S Bhela	officer: EVP, Chief Product Officer	NETAPP, INC, 3060 OLSEN DRIVE, SAN JOSE CA 95128
Matthew K Fawcett	officer: Senior VP, General Counsel	495 EAST JAVA DRIVE, SUNNYVALE CA 94089