TrueCar's average Accounts Receivable for the
three
months ended in Dec. 2023 was $16.2 Mil. TrueCar's Revenue for the
three
months ended in Dec. 2023 was $41.3 Mil.
Hence, TrueCar's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 35.70.
The historical rank and industry rank for TrueCar's Days Sales Outstanding or its related term are showing as below:
TRUE'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.46 Med: 43.42 Max: 47.34
Current: 35.17
During the past 13 years, TrueCar's highest Days Sales Outstanding was 47.34. The lowest was 34.46. And the median was 43.42.
TRUE's Days Sales Outstanding is ranked better than 66.84% of 573
companies
in the Interactive Media industry
Industry Median: 45.47
vs TRUE: 35.17
TrueCar's Days Sales Outstanding
increased
from Dec. 2022 (33.39) to Dec. 2023 (35.70).
TrueCar Days Sales Outstanding Historical Data
The historical data trend for TrueCar'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.
Competitive Comparison of TrueCar's Days Sales Outstanding
For the Internet Content & Information subindustry, TrueCar'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.
TrueCar's Days Sales Outstanding Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, TrueCar's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where TrueCar's Days Sales Outstanding falls into.
TrueCar 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.
* 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.
TrueCar (NAS:TRUE) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
TrueCar Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of TrueCar's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
TrueCar Inc is a data-driven online platform operating on common technology infrastructure, powered by proprietary data and analytics. It also customizes and operates its platform for affinity group marketing partners, including financial institutions like PenFed and American Express; membership-based organizations like Consumer Reports, AARP, Sam's Club, and AAA; and employee buying programs for large enterprises such as IBM and Walmart. The company enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar Certified Dealers.
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