FactSet Research Systems (FRA:FA1) Days Sales Outstanding : 43.18 (As of Feb. 2024)

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What is FactSet Research Systems Days Sales Outstanding?

FactSet Research Systems's average Accounts Receivable for the three months ended in Feb. 2024 was €239 Mil. FactSet Research Systems's Revenue for the three months ended in Feb. 2024 was €506 Mil. Hence, FactSet Research Systems's Days Sales Outstanding for the three months ended in Feb. 2024 was 43.18.

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

FRA:FA1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.23 Med: 35.97 Max: 42.38
Current: 42.38

During the past 13 years, FactSet Research Systems's highest Days Sales Outstanding was 42.38. The lowest was 31.23. And the median was 35.97.

FRA:FA1's Days Sales Outstanding is ranked better than
59.21% of 559 companies
in the Capital Markets industry
Industry Median: 62.31 vs FRA:FA1: 42.38

FactSet Research Systems's Days Sales Outstanding declined from Feb. 2023 (43.97) to Feb. 2024 (43.18).

FactSet Research Systems Days Sales Outstanding Historical Data

The historical data trend for FactSet Research Systems'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.

FactSet Research Systems Days Sales Outstanding Chart

FactSet Research Systems Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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37.79

37.95

35.01

33.09

40.02

FactSet Research Systems Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															43.97	42.98	40.55	40.49	43.18

Competitive Comparison of FactSet Research Systems's Days Sales Outstanding

For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems'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.

FactSet Research Systems's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, FactSet Research Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where FactSet Research Systems's Days Sales Outstanding falls into.

FactSet Research Systems 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.

FactSet Research Systems's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (201.449	+	217.939)	/	2 )	/	1912.411	*	365
=	209.694					/	1912.411	*	365
=	40.02

FactSet Research Systems's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (226.674	+	252.308)	/	2 )	/	506.091	*	365 / 4
=	239.491					/	506.091	*	365 / 4
=	43.18

FactSet Research Systems (FRA:FA1) Days Sales Outstanding Explanation

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

FactSet Research Systems Days Sales Outstanding Related Terms

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FactSet Research Systems (FRA:FA1) Business Description

Industry

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Comparable Companies

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Address

45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850

Website

https://www.factset.com

FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.

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