Robinhood Markets (Robinhood Markets) Change In Receivables : $-1,396 Mil (TTM As of Dec. 2023)

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What is Robinhood Markets Change In Receivables?

Robinhood Markets's change in receivables for the quarter that ended in Dec. 2023 was $-220 Mil. It means Robinhood Markets's Accounts Receivable increased by $220 Mil from Sep. 2023 to Dec. 2023 .

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 Dec. 2023 was $3,584 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 Dec. 2023 was 694.35.

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 Dec. 2023 was $-14,506 Mil.

Robinhood Markets Change In Receivables Historical Data

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.

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Robinhood Markets Change In Receivables Chart

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
Change In Receivables	Get a 7-Day Free Trial												442.00	-306.00	-289.00	-581.00	-220.00

Robinhood Markets 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1,396 Mil.

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 Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3584	/	471	*	91
=	694.35

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 Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	8442	-	25636	+	0.75 * 3584	+	0.5 * 0
=	-14,506

Robinhood Markets Change In Receivables Related Terms

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Robinhood Markets (Robinhood Markets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Robinhood Markets Inc (NAS:HOOD) » Definitions » Change In Receivables

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Traded in Other Exchanges

HOOD:Mexico 7KY:Germany 7KY:Germany

Address

85 Willow Road, Menlo Park, CA, USA, 94025

Website

https://www.robinhood.com

Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

Executives

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