Globant (Globant) Days Sales Outstanding : 72.07 (As of Dec. 2023)

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What is Globant Days Sales Outstanding?

Globant's average Accounts Receivable for the three months ended in Dec. 2023 was $459 Mil. Globant's Revenue for the three months ended in Dec. 2023 was $581 Mil. Hence, Globant's Days Sales Outstanding for the three months ended in Dec. 2023 was 72.07.

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

GLOB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.18 Med: 62.45 Max: 77.28
Current: 77.28

During the past 13 years, Globant's highest Days Sales Outstanding was 77.28. The lowest was 51.18. And the median was 62.45.

GLOB's Days Sales Outstanding is ranked worse than
64.07% of 2725 companies
in the Software industry
Industry Median: 61.83 vs GLOB: 77.28

Globant's Days Sales Outstanding increased from Dec. 2022 (71.78) to Dec. 2023 (72.07).

Globant Days Sales Outstanding Historical Data

The historical data trend for Globant'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.

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Globant Days Sales Outstanding Chart

Globant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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68.68

73.53

64.24

65.28

67.05

Globant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															71.78	78.57	86.17	83.44	72.07

Competitive Comparison of Globant's Days Sales Outstanding

For the Information Technology Services subindustry, Globant'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.

Globant's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Globant's Days Sales Outstanding falls into.

Globant 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.

Globant'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
=	( (361.883	+	408.166)	/	2 )	/	2095.939	*	365
=	385.0245					/	2095.939	*	365
=	67.05

Globant'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
=	( (509.116	+	408.166)	/	2 )	/	580.705	*	365 / 4
=	458.641					/	580.705	*	365 / 4
=	72.07

Globant (NYSE:GLOB) Days Sales Outstanding Explanation

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

Globant Days Sales Outstanding Related Terms

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Globant (Globant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globant SA (NYSE:GLOB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

2G2:Germany 2G2:Germany

Address

37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

https://www.globant.com

Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the U.S. and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.