Meta Platforms (WBO:META) Change In Receivables : €-1,247 Mil (TTM As of Sep. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Meta Platforms Change In Receivables?

Meta Platforms's change in receivables for the quarter that ended in Sep. 2024 was €129 Mil. It means Meta Platforms's Accounts Receivable declined by €129 Mil from Jun. 2024 to Sep. 2024 .

Meta Platforms's change in receivables for the fiscal year that ended in Dec. 2023 was €-2,200 Mil. It means Meta Platforms's Accounts Receivable increased by €2,200 Mil from Dec. 2022 to Dec. 2023 .

Meta Platforms's Accounts Receivable for the quarter that ended in Sep. 2024 was €13,245 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. Meta Platforms's Days Sales Outstanding for the three months ended in Sep. 2024 was 33.05.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Meta Platforms's liquidation value for the three months ended in Sep. 2024 was €-8,969 Mil.

Meta Platforms Change In Receivables Historical Data

The historical data trend for Meta Platforms'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.

Meta Platforms Change In Receivables Chart

Meta Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

Get a 7-Day Free Trial

-1,764.90

-1,242.86

-2,752.35

218.06

-2,199.88

Meta Platforms 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															-635.29	-2,607.03	2,318.40	-1,086.93	128.84

Meta Platforms 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 €-1,247 Mil.

Meta Platforms (WBO:META) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	13244.7	/	36570.689	*	91
=	33.05

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

Meta Platforms'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)
=	63880.9	-	82782.979	+	0.75 * 13244.7	+	0.5 * 0
=	-8,969

Meta Platforms Change In Receivables Related Terms

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

Meta Platforms Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Meta Platforms Inc (WBO:META) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

META:USA META:Poland META:Peru META:Mexico META_KZ:Kazakhstan 1FB:Italy FB2Ad:UK FB2A:Germany METACL:Chile META:Canada M1TA34:Brazil FB2A:Bulgaria

Address

1 Meta Way, Menlo Park, CA, USA, 94025

Website

https://about.meta.com

Meta is the largest social media company in the world, boasting close to 4 billion monthly active users worldwide. The firm's "Family of Apps," its core business, consists of Facebook, Instagram, Messenger, and WhatsApp. End users can leverage these applications for a variety of different purposes, from keeping in touch with friends to following celebrities and running digital businesses for free. Meta packages customer data, gleaned from its application ecosystem and sells ads to digital advertisers. While the firm has been investing heavily in its Reality Labs business, it remains a very small part of Meta's overall sales.