Snowflake (Snowflake) Days Sales Outstanding

: 84.69 (As of Jan. 2024)

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Snowflake's average Accounts Receivable for the three months ended in Jan. 2024 was $719 Mil. Snowflake's Revenue for the three months ended in Jan. 2024 was $775 Mil. Hence, Snowflake's Days Sales Outstanding for the three months ended in Jan. 2024 was 84.69.

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

SNOW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 75.77 Med: 135.81 Max: 239.24
Current: 75.77

During the past 6 years, Snowflake's highest Days Sales Outstanding was 239.24. The lowest was 75.77. And the median was 135.81.

SNOW's Days Sales Outstanding is ranked worse than
62.29% of 2726 companies
in the Software industry
Industry Median: 62.27 vs SNOW: 75.77

Snowflake's Days Sales Outstanding declined from Jan. 2023 (85.97) to Jan. 2024 (84.69).

Snowflake Days Sales Outstanding Historical Data

The historical data trend for Snowflake'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.

Snowflake Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Sales Outstanding

167.38

145.95

125.67

111.45

106.82

Snowflake Quarterly Data
	Jan19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding																85.97	78.20	51.40	57.01	84.69

Competitive Comparison

For the Software - Application subindustry, Snowflake'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.

Snowflake Days Sales Outstanding Distribution

For the Software industry and Technology sector, Snowflake's Days Sales Outstanding distribution charts can be found below:

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

Snowflake 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.

Snowflake's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

	Days Sales Outstanding (A: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (715.821	+	926.902)	/	2 )	/	2806.489	*	365
=	821.3615					/	2806.489	*	365
=	106.82

Snowflake's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (511.034	+	926.902)	/	2 )	/	774.699	*	365 / 4
=	718.968					/	774.699	*	365 / 4
=	84.69

Snowflake (NYSE:SNOW) Days Sales Outstanding Explanation

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

Snowflake Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Snowflake's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Snowflake (Snowflake) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Snowflake Inc (NYSE:SNOW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SNOW:Mexico 0A93:UK 5Q5:Germany 5Q5:Germany 5Q5:Germany 5Q5:Germany S2NW34:Brazil SNWF:Austria

Address

106 East Babcock Street, Suite 3A, Bozeman, MT, USA, 59715

Website

https://www.snowflake.com

Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.

Executives

Christian Kleinerman	officer: SVP, Product Management	106 E. BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Christopher William Degnan	officer: Chief Revenue Officer	450 CONCAR DRIVE, SAN MATEO CA 94402
Frank Slootman	director, 10 percent owner, officer: CEO and Chairman	106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Grzegorz Czajkowski	officer: SVP, Engineering and Support	106 E. BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Benoit Dageville	director, 10 percent owner, officer: President of Products	450 CONCAR DRIVE, SAN MATEO CA 94402
Teresa Briggs	director	2225 LAWSON LANE, SANTA CLARA CA 95054
Michael L Speiser	director, 10 percent owner	755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Michael Scarpelli	10 percent owner, officer: Chief Financial Officer	106 EAST BABCOCK STREET, SUITE 3A, BOZEMAN MT 59715
Mark D Mclaughlin	director	C/O PALO ALTO NETWORKS, INC., 4401 GREAT AMERICA PKWY, SANTA CLARA CA 95054
John Dennis Mcmahon	director	C/O BLADELOGIC, INC., 10 MAGUIRE STREET, BUILDING 3, LEXINGTON MA 02421
Stephen B Burke	director	41 CENTRAL PARK WEST - APT 11A, NEW YORK NY 10023
Jeremy Burton	director	C/O SNOWFLAKE INC., 106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715
Mark Garrett	director	106 EAST BABCOCK STREET SUITE 3A, BOZEMAN MT 59715
Sequoia Grove Manager, Llc	10 percent owner	SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Sequoia Grove Ii, Llc	10 percent owner	SEQUOIA CAPITAL, 2800 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025