Block (SQ) Change In Receivables : $-1,109 Mil (TTM As of Dec. 2023)

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What is Block Change In Receivables?

Block's change in receivables for the quarter that ended in Dec. 2023 was $410 Mil. It means Block's Accounts Receivable declined by $410 Mil from Sep. 2023 to Dec. 2023 .

Block's change in receivables for the fiscal year that ended in Dec. 2023 was $-1,109 Mil. It means Block's Accounts Receivable increased by $1,109 Mil from Dec. 2022 to Dec. 2023 .

Block's Accounts Receivable for the quarter that ended in Dec. 2023 was $5,806 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. Block's Days Sales Outstanding for the three months ended in Dec. 2023 was 91.77.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Block's liquidation value for the three months ended in Dec. 2023 was $-1,949 Mil.

Block Change In Receivables Historical Data

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

Block Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-326.60

-547.48

-346.22

-1,499.06

-1,108.53

Block Quarterly Data
	Mar19	Jun19	Sep19	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															-705.60	452.87	-249.17	-1,722.17	409.94

Block 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 $-1,109 Mil.

Block (NYSE:SQ) 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.

Block's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	5805.813	/	5773.042	*	91
=	91.77

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

Block'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)
=	9018.796	-	15377.057	+	0.75 * 5805.813	+	0.5 * 110.097
=	-1,949

Block Change In Receivables Related Terms

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Block (SQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Block Inc (NYSE:SQ) » Definitions » Change In Receivables

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Address

1455 Market Street, Suite 600, San Francisco, CA, USA, 94103

Website

https://www.block.xyz

Founded in 2009, Block provides payment services to merchants, along with related services. The company also launched Cash App, a person-to-person payment network. In 2022, Square's payment volume was a little over $200 million.

Executives

Brian Grassadonia	officer: Cash App Lead	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Amrita Ahuja	officer: Chief Financial Officer	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Chrysty Esperanza	officer: Interim Counsel Lead	1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Ajmere Dale	officer: Chief Accounting Officer	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Roelof Botha	director	C/O SEQUOIA CAPITAL, 2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Alyssa Henry	officer: Seller Lead	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Lawrence Henry Summers	director	JOHN F. KENNEDY SCHOOL OF GOVERNMENT, MAILBOX 8, 79 JFK STREET, CAMBRIDGE MA 02138
Neha Narula	director	1955 BROADWAY, SUITE 600, OAKLAND CA 94612
Sivan Whiteley	officer: Gen. Counsel & Corp. Secretary	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Sharon Rothstein	director	C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Mckelvey James Morgan Jr.	director, 10 percent owner	2645 SOUTH BAYSHORE #802, MIAMI FL 33133
Carter Shawn Corey	director	C/O S. CARTER ENTERPRISES, LLC, 1411 BROADWAY, NEW YORK NY 10018
Jack Dorsey	director, 10 percent owner, officer: President, CEO & Chairman	C/O TWITTER INC, 1355 MARKET STREET SUITE 900, SAN FRANCISCO CA 94103
Mary G Meeker	director	2750 SAND HILL ROAD, MENLO PARK CA 94025
David A Viniar	director	C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282