Forge Global Holdings (Forge Global Holdings) Days Sales Outstanding : 19.18 (As of Dec. 2023)

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What is Forge Global Holdings Days Sales Outstanding?

Forge Global Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $3.97 Mil. Forge Global Holdings's Revenue for the three months ended in Dec. 2023 was $18.88 Mil. Hence, Forge Global Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.18.

The historical rank and industry rank for Forge Global Holdings's Days Sales Outstanding or its related term are showing as below:

FRGE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.23 Med: 23.64 Max: 28.68
Current: 20.47

During the past 5 years, Forge Global Holdings's highest Days Sales Outstanding was 28.68. The lowest was 16.23. And the median was 23.64.

FRGE's Days Sales Outstanding is ranked better than
91.22% of 2721 companies
in the Software industry
Industry Median: 62.03 vs FRGE: 20.47

Forge Global Holdings's Days Sales Outstanding increased from Dec. 2022 (17.96) to Dec. 2023 (19.18).

Forge Global Holdings Days Sales Outstanding Historical Data

The historical data trend for Forge Global Holdings'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.

Forge Global Holdings Days Sales Outstanding Chart

Forge Global Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

26.79

28.68

16.23

23.64

20.02

Forge Global Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										17.96	20.16	21.86	21.20	19.18

Competitive Comparison of Forge Global Holdings's Days Sales Outstanding

For the Software - Application subindustry, Forge Global Holdings'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.

Forge Global Holdings's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Forge Global Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Forge Global Holdings's Days Sales Outstanding falls into.

Forge Global Holdings 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.

Forge Global Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.544	+	4.067)	/	2 )	/	69.39	*	365
=	3.8055					/	69.39	*	365
=	20.02

Forge Global Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.871	+	4.067)	/	2 )	/	18.878	*	365 / 4
=	3.969					/	18.878	*	365 / 4
=	19.18

Forge Global Holdings (NYSE:FRGE) Days Sales Outstanding Explanation

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

Forge Global Holdings Days Sales Outstanding Related Terms

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Forge Global Holdings (Forge Global Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Forge Global Holdings Inc (NYSE:FRGE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

415 Mission Street, Suite 5510, San Francisco, CA, USA, 94105

Website

https://www.forgeglobal.com

Forge Global Holdings Inc is a financial service platform created to serve the unique needs of the private market. It provides marketplace infrastructure, data services, and technology solutions for private market participants. The Company offers a trusted trading platform, proprietary data and insights to inform investment strategies, along with custody services to help companies, shareholders, institutions and accredited investors confidently navigate and transact in the private market.

Executives

Kelly Rodriques	director, officer: Chief Executive Officer	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Kimberley H Vogel	director	63 CONSTITUTION DRIVE, CHICO CA 95973
Christoph Hansmeyer	director	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Johnathan H Short	officer: Chief Legal Officer	2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Asiff S Hirji	director	250 FAIR OAKS STREET, SAN FRANCISCO CA 94110
Herbert James H. Ii	director	1230 AVENUE OF THE AMERICAS, 2ND FLOOR, NEW YORK NY 10020
Ashwin Kumar	director	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Stephen J. George	director	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Jose Cobos	officer: Chief Operating Officer	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Borse Ag Deutsche	10 percent owner
Mark P Lee	officer: Chief Financial Officer	415 MISSION ST, SUITE 5510, SAN FRANCISCO CA 94105
Steven J. Mclaughlin	director	277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172
Kristy Trieste	director, officer: CFO and Director	C/O MOTIVE CAPITAL, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Motive Capital Funds Sponsor, Llc	10 percent owner	7 WORLD TRADE CENTER, 250 GREENWICH STREET, FLOOR 47, NEW YORK NY 10007
Stephen C. Daffron	director	C/O THE DUN & BRADSTREET CORPORATION, 103 JOHN F. KENNEDY PARKWAY, SHORT HILLS NJ 07078-2708