Flywire (Flywire) Days Sales Outstanding

: 16.50 (As of Dec. 2023)

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Flywire's average Accounts Receivable for the three months ended in Dec. 2023 was $18.2 Mil. Flywire's Revenue for the three months ended in Dec. 2023 was $100.5 Mil. Hence, Flywire's Days Sales Outstanding for the three months ended in Dec. 2023 was 16.50.

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

FLYW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.54 Med: 16.82 Max: 22.27
Current: 15.81

During the past 5 years, Flywire's highest Days Sales Outstanding was 22.27. The lowest was 6.54. And the median was 16.82.

FLYW's Days Sales Outstanding is ranked better than
93.5% of 2724 companies
in the Software industry
Industry Median: 62.27 vs FLYW: 15.81

Flywire's Days Sales Outstanding declined from Dec. 2022 (19.64) to Dec. 2023 (16.50).

Flywire Days Sales Outstanding Historical Data

The historical data trend for Flywire'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.

Flywire Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

6.54

18.38

22.27

16.82

14.45

Flywire Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding													19.64	15.30	20.01	13.85	16.50

Competitive Comparison

For the Software - Infrastructure subindustry, Flywire'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.

Flywire Days Sales Outstanding Distribution

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

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

Flywire 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.

Flywire'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
=	( (13.697	+	18.215)	/	2 )	/	403.094	*	365
=	15.956					/	403.094	*	365
=	14.45

Flywire'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
=	( (18.151	+	18.215)	/	2 )	/	100.545	*	365 / 4
=	18.183					/	100.545	*	365 / 4
=	16.50

Flywire (NAS:FLYW) Days Sales Outstanding Explanation

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

Flywire Days Sales Outstanding Related Terms

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

Flywire (Flywire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flywire Corp (NAS:FLYW) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

9E2:Germany

Address

141 Tremont Street, Suite 10, Boston, MA, USA, 02111

Website

https://www.flywire.com

Flywire Corp provides a secure global payments platform, offering its clients an innovative and streamlined process to receive reconciled domestic and international payments in a more cost-effective and efficient manner. The company's solutions are built on three core elements namely a payments platform; a proprietary global payment network and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

Executives

Michael G Ellis	officer: Chief Financial Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Peter Butterfield	officer: General Counsel and CCO	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Rob Orgel	officer: President and COO	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Michael Massaro	director, officer: Chief Executive Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
David R. King	officer: Chief Technology Officer	C/O FLYWIRE CORPORATION, 141 TREMONT STREET, SUITE 10, BOSTON MA 02111
Gretchen Howard	director	707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Matthew C Harris	director, 10 percent owner	1 BANK STREET, 2ND FLOOR, WILLIAMSTOWN MA 01267
Edwin J Santos	director	234 MOURNING DOVE DRIVE, SAUNDERSTOWN RI 02874
Bain Capital Venture Investors, Llc	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Venture Coinvestment Fund Ii, L.p.	10 percent owner	200 CLARENDON STREET, BOSTON MA 02116
Enrique T Salem	10 percent owner	SYMANTEC CORPORATION, 20330 STEVENS CREEK BLVD., CUPERTINO CA 95014
Ajay Agarwal	10 percent owner	C/O BAIN CAPITAL VENTURE INVESTORS, LLC, 200 CLARENDON STREET, BOSTON MA 02116
Alex Finkelstein	director, 10 percent owner	C/O WAYFAIR INC, 4 COPLEY PLACE, 7TH FLOOR, BOSTON MA 02116
Phillip John Riese	director	2851 WEST KATHLEEN ROAD, PHOENIX AZ 85053
Diane E Offereins	director	2500 LAKE COOK ROAD, RIVERWOODS IL 60015