Uber Technologies (LTS:0A1U) Accounts Receivable : $3,708 Mil (As of Mar. 2024)

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What is Uber Technologies Accounts Receivable?

Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Uber Technologies's accounts receivables for the quarter that ended in Mar. 2024 was $3,708 Mil.

Accounts receivable can be measured by Days Sales Outstanding. Uber Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 was 33.40.

In Ben Graham's calculation of Net-Net Working Capital, accounts receivable are only considered to be worth 75% of book value. Uber Technologies's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was $-9.59.

Uber Technologies Accounts Receivable Historical Data

The historical data trend for Uber Technologies's Accounts Receivable 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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Uber Technologies Accounts Receivable Chart

Uber Technologies Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Receivable

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1,214.00

1,073.00

2,439.00

2,779.00

3,404.00

Uber Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Accounts Receivable	Get a 7-Day Free Trial															2,571.00	2,576.00	3,000.00	3,404.00	3,708.00

Uber Technologies Accounts Receivable Calculation

Accounts Receivable is money owed to a business by customers and shown on its Balance Sheet as an asset.

Uber Technologies Accounts Receivable 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 receivables are being managed.

Uber Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	3708	/	10131	*	91
=	33.40

2. In Ben Graham's calculation of Net-Net Working Capital (NNWC), Uber Technologies's accounts receivable are only considered to be worth 75% of book value:

Uber Technologies's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is calculated as:

	Net-Net Working Capital Per Share
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5763	+	0.75 * 3708	+	0.5 * 0	-	27100
-	0	-	1441)	/	2086.25
=	-9.59

Be Aware

Net receivables tells us a great deal about the different competitors in the same industry. In competitive industries, some attempt to gain advantage by offering better credit terms, causing increase in sales and receivables.

If company consistently shows lower % Net receivables to gross sales than competitors, then it usually has some kind of competitive advantage which requires further digging.

Average Days Sales Outstanding is a good indicator for measuring a company's sales channel and customers. A company may book great revenue and earnings growth but never receive payment from their customers. This may force a write-off in the future and depress future earnings.

Uber Technologies Accounts Receivable Related Terms

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Uber Technologies (LTS:0A1U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Uber Technologies Inc (LTS:0A1U) » Definitions » Accounts Receivable

Comparable Companies

Traded in Other Exchanges

UBER:USA UBER:Mexico 1UBER:Italy UT8d:UK UT8:Germany UBER:Canada U1BE34:Brazil UBER:Austria

Address

1515 3rd Street, San Francisco, CA, USA, 94158

Website

https://www.uber.com

Uber Technologies is a technology provider that matches riders with drivers, hungry people with restaurants and food delivery service providers, and shippers with carriers. The firm's on-demand technology platform could eventually be used for additional products and services, such as autonomous vehicles, delivery via drones, and Uber Elevate, which, as the firm refers to it, provides "aerial ride-sharing." Uber Technologies is headquartered in San Francisco and operates in over 63 countries with over 131 million users that order rides or food at least once a month. Approximately 44% of its gross revenue comes from ridesharing and 34% from food delivery.

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