PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Days Sales Outstanding : 18.71 (As of Dec. 2023)

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What is PT Goto Gojek Tokopedia Tbk Days Sales Outstanding?

PT Goto Gojek Tokopedia Tbk's average Accounts Receivable for the three months ended in Dec. 2023 was Rp876,507 Mil. PT Goto Gojek Tokopedia Tbk's Revenue for the three months ended in Dec. 2023 was Rp4,274,773 Mil. Hence, PT Goto Gojek Tokopedia Tbk's Days Sales Outstanding for the three months ended in Dec. 2023 was 18.71.

The historical rank and industry rank for PT Goto Gojek Tokopedia Tbk's Days Sales Outstanding or its related term are showing as below:

ISX:GOTO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 15.16 Med: 47.25 Max: 127.48
Current: 18.49

During the past 6 years, PT Goto Gojek Tokopedia Tbk's highest Days Sales Outstanding was 127.48. The lowest was 15.16. And the median was 47.25.

ISX:GOTO's Days Sales Outstanding is ranked better than
91.77% of 2721 companies
in the Software industry
Industry Median: 62.03 vs ISX:GOTO: 18.49

PT Goto Gojek Tokopedia Tbk's Days Sales Outstanding increased from Dec. 2022 (17.24) to Dec. 2023 (18.71).

PT Goto Gojek Tokopedia Tbk Days Sales Outstanding Historical Data

The historical data trend for PT Goto Gojek Tokopedia Tbk'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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PT Goto Gojek Tokopedia Tbk Days Sales Outstanding Chart

PT Goto Gojek Tokopedia Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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109.07

63.05

31.44

18.24

15.16

PT Goto Gojek Tokopedia Tbk Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									17.24	16.96	17.53	23.95	18.71

Competitive Comparison of PT Goto Gojek Tokopedia Tbk's Days Sales Outstanding

For the Software - Application subindustry, PT Goto Gojek Tokopedia Tbk'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.

PT Goto Gojek Tokopedia Tbk's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, PT Goto Gojek Tokopedia Tbk's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where PT Goto Gojek Tokopedia Tbk's Days Sales Outstanding falls into.

PT Goto Gojek Tokopedia Tbk 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.

PT Goto Gojek Tokopedia Tbk'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
=	( (627292	+	601244)	/	2 )	/	14785492	*	365
=	614268					/	14785492	*	365
=	15.16

PT Goto Gojek Tokopedia Tbk'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
=	( (1151770	+	601244)	/	2 )	/	4274773	*	365 / 4
=	876507					/	4274773	*	365 / 4
=	18.71

PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Days Sales Outstanding Explanation

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

PT Goto Gojek Tokopedia Tbk Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of PT Goto Gojek Tokopedia Tbk's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Goto Gojek Tokopedia Tbk (ISX:GOTO) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CK8:Germany

Address

Jalan Iskandarsyah II No. 2, Gedung Pasaraya Blok M, 6-7th Floor, Jakarta, IDN, 12160

Website

https://www.gotocompany.com

GoTo is an Indonesian ecosystem that combines e-commerce, ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021. The company has 64 million active paying users and 12 million merchants as of 2022 on its platform. In 2022, on-demand accounted for 55% of revenue, e-commerce for 37%, and financial services for 8%. However, 82% of nonfinancial services gross transactional value comes from e-commerce, as it is the focal point in the ecosystem. The company competes with giants such as Sea-backed Shopee, Alibaba's Lazada, and smaller peers such as Bukalapak in e-commerce—and with Grab in the ride-hailing and delivery business.

PT Goto Gojek Tokopedia Tbk (ISX:GOTO) Headlines

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