Snowflake Inc. Receivables

Receivables of SNOW for past 10 years: annual, quarterly and twelve month trailing (TTM) including Receivables growth rates and interactive chart. Accounts receivable (AR) is the balance of money due to a firm for goods or services delivered or used but not yet paid for by customers. Accounts receivables are listed on the balance sheet as a current asset. AR is any amount of money owed by customers for purchases made on credit. When a company makes a sale, it records revenues and a corresponding balance in accounts receivable. When an invoice is paid, the accounts payable account is reduced and cash is received. Receivables should grow in-line with revenue over time, if they are growing much faster, a company might be booking revenue too aggressively.

Highlights and Quick Summary

  • Receivables for the quarter ending July 31, 2022 was $305 Million (a 9.71% increase compared to previous quarter)
  • Year-over-year quarterly Receivables increased by 20.08%
  • Annual Receivables for 2022 was $546 Million (a 85.71% increase from previous year)
  • Annual Receivables for 2021 was $294 Million (a 64.25% increase from previous year)
  • Annual Receivables for 2020 was $179 Million (a 184.13% increase from previous year)
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Historical Receivables of Snowflake Inc.

Most recent Receivablesof SNOW including historical data for past 10 years.

Interactive Chart of Receivables of Snowflake Inc.

Snowflake Inc. Receivables for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2022 $305.0 $278.0 $546.0 $546.0
2021 $254.0 $237.0 $166.34 $294.02 $294.0
2020 $169.0 $151.0 $96.0 $179.46 $179.0
2019 $63.0

Business Profile of Snowflake Inc.

Sector: Technology
Industry: Software Application