The Trade Desk (The Trade Desk) Change In Receivables : $-574 Mil (TTM As of Mar. 2024)

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What is The Trade Desk Change In Receivables?

The Trade Desk's change in receivables for the quarter that ended in Mar. 2024 was $238 Mil. It means The Trade Desk's Accounts Receivable declined by $238 Mil from Dec. 2023 to Mar. 2024 .

The Trade Desk's change in receivables for the fiscal year that ended in Dec. 2023 was $-554 Mil. It means The Trade Desk's Accounts Receivable increased by $554 Mil from Dec. 2022 to Dec. 2023 .

The Trade Desk's Accounts Receivable for the quarter that ended in Mar. 2024 was $2,619 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. The Trade Desk's Days Sales Outstanding for the three months ended in Mar. 2024 was 486.53.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. The Trade Desk's liquidation value for the three months ended in Mar. 2024 was $887 Mil.

The Trade Desk Change In Receivables Historical Data

The historical data trend for The Trade Desk'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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The Trade Desk Change In Receivables Chart

The Trade Desk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

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-331.37

-418.05

-444.34

-291.75

-554.01

The Trade Desk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Receivables	Get a 7-Day Free Trial															258.17	-293.53	-95.28	-423.36	238.15

The Trade Desk 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-574 Mil.

The Trade Desk (NAS:TTD) 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.

The Trade Desk's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	2619.28	/	491.253	*	91
=	486.53

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

The Trade Desk's liquidation value for the quarter that ended in Mar. 2024 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	1419.56	-	2497.242	+	0.75 * 2619.28	+	0.5 * 0
=	887

The Trade Desk Change In Receivables Related Terms

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The Trade Desk (The Trade Desk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Trade Desk Inc (NAS:TTD) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

TTD:Mexico TT8:Germany T2TD34:Brazil

Address

42 N. Chestnut Street, Ventura, CA, USA, 93001

Website

https://www.thetradedesk.com

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

Executives

Gokul Rajaram	director	301 CONGRESS AVENUE, SUITE 700, AUSTIN TX 78701
Jay R Grant	officer: Chief Legal Officer	225 E. 79TH STREET, APT 12E, NEW YORK NY 10075
Laura Schenkein	officer: Chief Financial Officer	C/O THE TRADE DESK, INC., 42 NORTH CHESTNUT STREET, VENTURA CA 93001
Jeffrey Terry Green	director, 10 percent owner, officer: President and CEO	42 N. CHESTNUT STREET, VENTURA CA 93001
Andrea Lee Cunningham	director	C/O TRADE DESK, INC., 42 N. CHESTNUT STREET, VENTURA CA 93001
David B Wells	director	C/O NETFLIX, INC., 100 WINCHESTER CIRCLE, LOS GATOS CA 95130
Lise J Buyer	director	1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
David Randall Pickles	officer: Chief Technology Officer	42 N. CHESTNUT STREET, VENTURA CA 93001
Blake Jeffrey Grayson	officer: Chief Financial Officer	2212 EVERETT AVENUE E, SEATTLE WA 98102
Eric B Paley	director, 10 percent owner	C/O THE TRADE DESK, INC., 42 N. CHESTNUT ST., VENTURA CA 93001
Kathryn E Falberg	director	C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, 5TH FLOOR, NEW YORK NY 10018
Susan Vobejda	officer: Chief Marketing Officer	130 EAST RANDOLPH STREET, 7TH FLOOR, CHICAGO IL 60601
Michelle Hulst	officer: Chief Operating Officer	130 MERCHANT STREET, HONOLULU HI 96813
Brian John Stempeck	officer: Chief Client Officer	42 N. CHESTNUT STREET, VENTURA CA 93001
Vivian Yang	officer: Chief Legal Officer	C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612