Okta (OKTA) Change In Receivables : $-19 Mil (TTM As of Apr. 2024)

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What is Okta Change In Receivables?

Okta's change in receivables for the quarter that ended in Apr. 2024 was $251 Mil. It means Okta's Accounts Receivable declined by $251 Mil from Jan. 2024 to Apr. 2024 .

Okta's change in receivables for the fiscal year that ended in Jan. 2024 was $-79 Mil. It means Okta's Accounts Receivable increased by $79 Mil from Jan. 2023 to Jan. 2024 .

Okta's Accounts Receivable for the quarter that ended in Apr. 2024 was $307 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. Okta's Days Sales Outstanding for the three months ended in Apr. 2024 was 45.40.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Okta's liquidation value for the three months ended in Apr. 2024 was $-452 Mil.

Okta Change In Receivables Historical Data

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

Okta Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Receivables

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-37.52

-66.00

-175.00

-87.00

-79.00

Okta Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Change In Receivables	Get a 7-Day Free Trial															191.00	-99.00	-31.00	-140.00	251.00

Okta 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-19 Mil.

Okta (NAS:OKTA) 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.

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

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	307	/	617	*	91
=	45.40

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

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

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	2320	-	3002	+	0.75 * 307	+	0.5 * 0
=	-452

Okta Change In Receivables Related Terms

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Okta (OKTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Okta Inc (NAS:OKTA) » Definitions » Change In Receivables

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Traded in Other Exchanges

OKTA:Mexico 0OK:Germany 0OK:Germany O1KT34:Brazil

Address

100 First Street, Suite 600, San Francisco, CA, USA, 94105

Website

https://www.okta.com

Okta is a cloud-native security company that focuses on identity and access management. The San Francisco-based firm went public in 2017 and focuses on two key client stakeholder groups: workforces and customers. Okta's workforce offerings enable a company's employees to securely access its cloud-based and on-premises resources. The firm's customer offerings allow its clients' customers to securely access the client's applications.

Executives

Larissa Schwartz	officer: See Remarks	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Jacques Frederic Kerrest	director, officer: Chief Operating Officer	C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Shibu Ninan	officer: Chief Accounting Officer	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Brett Tighe	officer: See Remarks	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Todd Mckinnon	director, 10 percent owner, officer: Chief Executive Officer	C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Jonathan T Runyan	officer: General Counsel and Secretary	C/O OKTA, INC., 301 BRANNAN STREET 1ST FLOOR, SAN FRANCISCO CA 94107
Ledger Susan St.	officer: See Remarks	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Dixon Robert L Jr	director	120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Emilie Choi	director	C/O COINBASE GLOBAL, INC., 100 PINE STREET, SUITE 1250, SAN FRANCISCO CA 94111
Christopher K Kramer	officer: Chief Accounting Officer	C/O OKTA, INC., 100 FIRST STREET, SUITE 600, SAN FRANCISCO CA 94105
Benjamin A Horowitz	director, 10 percent owner	2865 SAND HILL ROAD #101, MENLO PARK CA 94025
Jeff Epstein	director	C/O PRICELINE COM INC, 800 CONNECTICUT AVENUE, NORWALK CT 06854
Michael R Kourey	director
William E Losch	officer: Chief Financial Officer	DREAMWORKS ANIMATION SKG, INC., 1000 FLOWER STREET, GLENDALE CA 91201
Charles Race	officer: See Remarks	C/O INFORMATICA CORPORATION, 2100 SEAPORT BOULEVARD, REDWOOD CITY CA 94063