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Alight (Alight) Days Sales Outstanding : 64.73 (As of Dec. 2023)


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What is Alight Days Sales Outstanding?

Alight's average Accounts Receivable for the three months ended in Dec. 2023 was $681 Mil. Alight's Revenue for the three months ended in Dec. 2023 was $960 Mil. Hence, Alight's Days Sales Outstanding for the three months ended in Dec. 2023 was 64.73.

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

ALIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 69.52   Med: 76.86   Max: 95.11
Current: 70.8

During the past 6 years, Alight's highest Days Sales Outstanding was 95.11. The lowest was 69.52. And the median was 76.86.

ALIT's Days Sales Outstanding is ranked worse than
58.68% of 2725 companies
in the Software industry
Industry Median: 61.89 vs ALIT: 70.80

Alight's Days Sales Outstanding increased from Dec. 2022 (60.83) to Dec. 2023 (64.73).


Alight Days Sales Outstanding Historical Data

The historical data trend for Alight'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.

Alight Days Sales Outstanding Chart

Alight Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 95.11 80.08 - 69.52 73.64

Alight Quarterly Data
Dec18 Dec19 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 60.83 72.25 71.72 72.56 64.73

Competitive Comparison of Alight's Days Sales Outstanding

For the Software - Application subindustry, Alight'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.


Alight's Days Sales Outstanding Distribution in the Software Industry

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

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



Alight 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.

Alight'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
=( (678 + 698) / 2 ) / 3410*365
=688 / 3410*365
=73.64

Alight'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
=( (664 + 698) / 2 ) / 960*365 / 4
=681 / 960*365 / 4
=64.73

* 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.


Alight  (NYSE:ALIT) Days Sales Outstanding Explanation

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


Alight Days Sales Outstanding Related Terms

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


Alight (Alight) Business Description

Industry
Traded in Other Exchanges
Address
4 Overlook Point, Lincolnshire, IL, USA, 60069
Alight Inc is a provider of integrated, cloud-based human capital solutions that empower clients and employees to manage health, wealth and HR needs. Geographically, the company generates a majority of its revenue from the United States.
Executives
Richard N Massey director, officer: Chief Executive Officer 900 S. SHACKLEFORD ROAD, SUITE 401, LITTLE ROCK AR 72211
Blackstone Management Associates Vii Nq L.l.c. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 1 L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Gregory A. George officer: Chief Commercial Officer 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Kausik Rajgopal director 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Lenore D Williams director 601 RIVERSIDE AVE, JACKSONVILLE FL 32204
Martin Felli officer: See Remarks 4 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Bx Tempo Ml Holdco 1 Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Capital Partners Vii.2 (ipo) Nq L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 2 L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bx Tempo Ml Holdco 2 Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Capital Partners Vii Nq L.p. 10 percent owner C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Foley William P Ii director FIDELITY NATIONAL FINANCIAL, INC., 601 RIVERSIDE AVENUE, JACKSONVILLE FL 32204