Palantir Technologies Inc. Class A Common Stock (PLTR)

Receivables turnover

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Revenue (ttm)	US$ in thousands	2,865,507	2,646,338	2,478,981	2,334,164	2,225,012	2,125,286	2,045,007	1,984,700	1,905,871	1,830,114	1,744,380	1,647,012	1,541,889	1,431,113	1,328,333	1,204,580	1,092,673	999,940	901,115	825,546
Receivables	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Receivables turnover		—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—

December 31, 2024 calculation

Receivables turnover = Revenue (ttm) ÷ Receivables
= $2,865,507K ÷ $—K
= —

The receivables turnover ratio for Palantir Technologies Inc. Class A Common Stock is not available as the data for accounts receivable and sales needed to calculate this ratio are not provided for the periods from March 31, 2020, to December 31, 2024. The receivables turnover ratio measures how efficiently a company is managing its accounts receivable by indicating how many times during a period the company collects its average accounts receivable balance.

A higher receivables turnover ratio generally signifies better efficiency in collecting outstanding customer payments, while a lower ratio may indicate inefficiencies or potential issues in collecting receivables. Companies with a high turnover ratio can convert sales into cash quickly, which can improve liquidity and working capital management.

Without the specific data on accounts receivable and sales for the periods in question, it is difficult to provide a detailed analysis of Palantir Technologies Inc.'s receivables turnover and assess its effectiveness in managing its accounts receivable. This information is crucial for understanding the company's financial health and operational efficiency in terms of receivables management.