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Robinhood Markets's change in receivables for the quarter that ended in Mar. 2024 was $-1,419 Mil. It means Robinhood Markets's Accounts Receivable increased by $1,419 Mil from Dec. 2023 to Mar. 2024 .
Robinhood Markets's change in receivables for the fiscal year that ended in Dec. 2023 was $-1,396 Mil. It means Robinhood Markets's Accounts Receivable increased by $1,396 Mil from Dec. 2022 to Dec. 2023 .
Robinhood Markets's Accounts Receivable for the quarter that ended in Mar. 2024 was $4,510 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. Robinhood Markets's Days Sales Outstanding for the three months ended in Mar. 2024 was 665.92.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Robinhood Markets's liquidation value for the three months ended in Mar. 2024 was $-26,527 Mil.
The historical data trend for Robinhood Markets'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.
Robinhood Markets Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Change In Receivables | -73.79 | -2,876.00 | -3,326.00 | 2,881.00 | -1,396.00 |
Robinhood Markets Quarterly Data | ||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Change In Receivables | Get a 7-Day Free Trial | -306.00 | -289.00 | -581.00 | -220.00 | -1,419.00 |
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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2,509 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.
Robinhood Markets (NAS:HOOD) 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.
Robinhood Markets's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
Days Sales Outstanding | |||||
= | Accounts Receivable | / | Revenue | * | Days in Period |
= | 4510 | / | 618 | * | 91 |
= | 665.92 |
2. In Ben Graham's calculation of liquidation value, Robinhood Markets's accounts receivable are only considered to be worth 75% of book value:
Robinhood Markets's liquidation value for the quarter that ended in Mar. 2024 is calculated as:
Liquidation Value | |||||||
= | Cash, Cash Equivalents, Marketable Securities | - | Total Liabilities | + | (0.75 * Accounts Receivable) | + | (0.5 * Total Inventories) |
= | 9294 | - | 39203 | + | 0.75 * 4510 | + | 0.5 * 0 |
= | -26,527 |
* 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.
Thank you for viewing the detailed overview of Robinhood Markets's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
Baiju Bhatt | director, 10 percent owner, officer: Chief Creative Officer | C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Vladimir Tenev | director, 10 percent owner, officer: Chief Executive Officer | C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Jason Warnick | officer: Chief Financial Officer | C/O ROBINHOOD MARKETS INC, MENLO PARK CA 94025 |
Gallagher Daniel Martin Jr | officer: Chief Legal Officer | C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Index Ventures Vi Parallel Entrepreneur Fund (jersey) Lp | director, 10 percent owner | NO. 1 SEATON PLACE, ST. HELIER, CHANNEL ISLANDS Y9 JE48YJ |
Steven M. Quirk | officer: Chief Brokerage Officer | C/O ROBINHOOD MARKETS INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Scott D Sandell | director, 10 percent owner | |
Florence Anthony A. Jr. | director, 10 percent owner | 5425 WISCONSIN AVENUE, SUITE 800, CHEVY CHASE MD 20815 |
Mohamad Makhzoumi | director, 10 percent owner | 2855 SAND HILL ROAD, MENLO PARK CA 94025 |
Meyer Malka | director | 364 UNIVERSITY AVENUE, PALO ALTO CA 94301 |
Forest Baskett | director, 10 percent owner | |
Frances X Frei | director | ADVANCE AUTO PARTS, INC., 5008 AIRPORT RD, ROANOKE VA 24012 |
Gretchen Howard | officer: Chief Operating Officer | 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025 |
Oluwadara Johnson Treseder | director | C/O ROBINHOOD MARKETS, INC., 85 WILLOW ROAD, MENLO PARK CA 94025 |
Aparna Chennapragada | officer: Chief Product Officer | C/O EBAY, INC., 2025 HAMILTON AVE., SAN JOSE CA 95125 |
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