Snap (SNAP) Days Sales Outstanding

: 80.26 (As of Dec. 2023)

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Snap's average Accounts Receivable for the three months ended in Dec. 2023 was $1,197 Mil. Snap's Revenue for the three months ended in Dec. 2023 was $1,361 Mil. Hence, Snap's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.26.

The historical rank and industry rank for Snap's Days Sales Outstanding or its related term are showing as below:

SNAP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.37 Med: 93.39 Max: 275.79
Current: 86.63

During the past 9 years, Snap's highest Days Sales Outstanding was 275.79. The lowest was 80.37. And the median was 93.39.

SNAP's Days Sales Outstanding is ranked worse than
81.23% of 570 companies
in the Interactive Media industry
Industry Median: 45.965 vs SNAP: 86.63

Snap's Days Sales Outstanding increased from Dec. 2022 (76.38) to Dec. 2023 (80.26).

Snap Days Sales Outstanding Historical Data

The historical data trend for Snap's Days Sales Outstanding 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.

* Premium members only.

Snap Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

90.12

90.02

80.37

89.31

97.52

Snap Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																76.38	95.79	80.71	81.10	80.26

Competitive Comparison

For the Internet Content & Information subindustry, Snap's Days Sales Outstanding, along with its competitors' market caps and Days Sales Outstanding data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Snap Days Sales Outstanding Distribution

For the Interactive Media industry and Communication Services sector, Snap's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Snap's Days Sales Outstanding falls into.

Snap Days Sales Outstanding Calculation

Days Sales Outstanding measures 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Snap's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1183.092	+	1278.176)	/	2 )	/	4606.115	*	365
=	1230.634					/	4606.115	*	365
=	97.52

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

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1116.511	+	1278.176)	/	2 )	/	1361.287	*	365 / 4
=	1197.3435					/	1361.287	*	365 / 4
=	80.26

Snap (NYSE:SNAP) Days Sales Outstanding Explanation

For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.

Snap Days Sales Outstanding Related Terms

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Snap (SNAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Snap Inc (NYSE:SNAP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SNAP:Mexico 1SNAP:Italy 1SId:UK 0RNH:UK 1SI:Germany 1SI:Germany 1SI:Germany 1SI:Germany SNAP:Austria SNAP:Argentina

Address

3000 31st Street, Santa Monica, CA, USA, 90405

Website

https://www.snap.com

Snap, which refers to itself as a camera company, has one of the most popular social networking apps, Snapchat, in developed regions such as North America and Europe. Snap generates nearly all its revenue from advertising with 70% coming from North America. The firm is headquartered in Venice, California.

Executives

Rebecca Morrow	officer: CAO and Controller	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Derek Andersen	officer: Chief Financial Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Michael J. O'sullivan	officer: General Counsel	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Eric Young	officer: SVP of Engineering	3000 31ST STREET, SANTA MONICA CA 90405
Robert C. Murphy	director, officer: Chief Technology Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Evan Spiegel	director, officer: Chief Executive Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Jerry James Hunter	officer: Senior VP, Engineering	3000 31ST STREET, SANTA MONICA CA 90405
Patrick Spence	director	C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Poppy Thorpe	director	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Jeremi Gorman	officer: Chief Business Officer	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Joanna Coles	director	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Fidel Vargas	director	3000 31ST STREET, C/O SNAP INC, SANTA MONICA CA 90405
Jared Grusd	officer: Chief Strategy Officer	C/O SNAP INC., 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA 90405
Elizabeth Jenkins	director	C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Michael Lynton	director	2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067