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Advantage Solutions (Advantage Solutions) Days Sales Outstanding : 64.70 (As of Dec. 2023)


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What is Advantage Solutions Days Sales Outstanding?

Advantage Solutions's average Accounts Receivable for the three months ended in Dec. 2023 was $766 Mil. Advantage Solutions's Revenue for the three months ended in Dec. 2023 was $1,080 Mil. Hence, Advantage Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.70.

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

ADV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.46   Med: 66.94   Max: 75.11
Current: 69.26

During the past 8 years, Advantage Solutions's highest Days Sales Outstanding was 75.11. The lowest was 36.46. And the median was 66.94.

ADV's Days Sales Outstanding is ranked better than
50.2% of 1022 companies
in the Media - Diversified industry
Industry Median: 69.44 vs ADV: 69.26

Advantage Solutions's Days Sales Outstanding declined from Dec. 2022 (70.44) to Dec. 2023 (64.70).


Advantage Solutions Days Sales Outstanding Historical Data

The historical data trend for Advantage Solutions'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.

Advantage Solutions Days Sales Outstanding Chart

Advantage Solutions Annual Data
Trend Dec15 Dec16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 65.96 72.76 69.50 75.11 67.92

Advantage Solutions Quarterly Data
Dec16 Mar17 Dec18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.44 74.88 70.75 68.44 64.70

Competitive Comparison of Advantage Solutions's Days Sales Outstanding

For the Advertising Agencies subindustry, Advantage Solutions'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.


Advantage Solutions's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Advantage Solutions's Days Sales Outstanding distribution charts can be found below:

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



Advantage Solutions 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.

Advantage Solutions'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
=( (869 + 703.252) / 2 ) / 4224.846*365
=786.126 / 4224.846*365
=67.92

Advantage Solutions'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
=( (827.845 + 703.252) / 2 ) / 1079.749*365 / 4
=765.5485 / 1079.749*365 / 4
=64.70

* 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.


Advantage Solutions  (NAS:ADV) Days Sales Outstanding Explanation

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


Advantage Solutions Days Sales Outstanding Related Terms

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


Advantage Solutions (Advantage Solutions) Business Description

Traded in Other Exchanges
Address
15310 Barranca Parkway, Suite 100, Irvine, CA, USA, 92618
Advantage Solutions Inc is the provider of outsourced sales and marketing solutions to consumer goods companies and retailers. It has a technology-enabled platform of sales and marketing services like headquarter sales, retail merchandising, in-store sampling, digital commerce, and shopper marketing. For brands and retailers of all sizes, the firm helps to get the right products on the shelf and into the hands of consumers. The company helps its clients to sell more while spending less. Advantage has offices throughout North America and strategic investments in select markets throughout Africa, Asia, Australia, and Europe through which it services the global needs of multinational, regional, and local manufacturers. Its services are provided across two segments sales and marketing.
Executives
James M Kilts director 120 PARK AVE, NEW YORK NY 10017
Brian K. Ratzan director 3 GREENWICH OFFICE PARK, 2ND FLOOR, GREENWICH CT 06831
Christopher Growe officer: Chief Financial Officer C/O ADVANTAGE SOLUTIONS INC., 15310 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
David A Peacock director, officer: Chief Executive Officer 190 CARONDELET PLAZA, CLAYTON MO 63105
Adam Levyn director 11111 SANTA MONICA BOULEVARD, SUITE 2000, LOS ANGELES CA 90025
Jody L Macedonio director 2711 N HASKELL AVENUE, STE 3400, DALLAS TX 75204
Christopher J Baldwin director THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Deborah Poole director ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618
Adam Nebesar director 200 CLARENDON STREET, BOSTON MA 02116
Tanya L Domier director, officer: Chief Executive Officer C/O NORDSTROM, INC., 1617 SIXTH AVENUE, SEATTLE WA 98101
Jill L Griffin officer: President & CCO C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Dean Kaye officer: CFO - North America ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Brian Stevens officer: CFO & COO C/O ADVANTAGE SOLUTIONS INC., 18100 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
David J West director 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Robin Manherz director ADVANTAGE SOLUTIONS INC., 1530 BARRANCA PARKWAY, SUITE 100, IRVINE CA 92618