ServiceNow's change in receivables for the quarter that ended in Mar. 2024 was $715 Mil. It means ServiceNow's Accounts Receivable
declined by $715 Mil
from Dec. 2023 to Mar. 2024 .
ServiceNow's change in receivables for the fiscal year that ended in Dec. 2023 was $-300 Mil. It means ServiceNow's Accounts Receivable
increased by $300 Mil
from Dec. 2022 to Dec. 2023 .
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.
ServiceNow's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 45.78.
In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. ServiceNow's liquidation value for the
three
months ended in Mar. 2024 was $-3,348 Mil.
ServiceNow Change In Receivables Historical Data
The historical data trend for ServiceNow'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.
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 $-204 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.
ServiceNow (NYSE:NOW) 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.
ServiceNow's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:
* 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.
ServiceNow Change In Receivables Related Terms
Thank you for viewing the detailed overview of ServiceNow's Change In Receivables provided by GuruFocus.com. Please click on the following links to see related term pages.
ServiceNow Inc provides software solutions to structure and automate various business processes via a SaaS delivery model. The company primarily focuses on the IT function for enterprise customers. ServiceNow began with IT service management, expanded within the IT function, and more recently directed its workflow automation logic to functional areas beyond IT, notably customer service, HR service delivery, and security operations. ServiceNow also offers an application development platform as a service.
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