GigaCloud Technology (GigaCloud Technology) Days Sales Outstanding : 21.49 (As of Mar. 2024)

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What is GigaCloud Technology Days Sales Outstanding?

GigaCloud Technology's average Accounts Receivable for the three months ended in Mar. 2024 was $59.1 Mil. GigaCloud Technology's Revenue for the three months ended in Mar. 2024 was $251.1 Mil. Hence, GigaCloud Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.49.

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

GCT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.82 Med: 20.42 Max: 31.83
Current: 18.53

During the past 5 years, GigaCloud Technology's highest Days Sales Outstanding was 31.83. The lowest was 16.82. And the median was 20.42.

GCT's Days Sales Outstanding is ranked better than
91.87% of 2732 companies
in the Software industry
Industry Median: 61.815 vs GCT: 18.53

GigaCloud Technology's Days Sales Outstanding increased from Mar. 2023 (20.33) to Mar. 2024 (21.49).

GigaCloud Technology Days Sales Outstanding Historical Data

The historical data trend for GigaCloud Technology'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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GigaCloud Technology Days Sales Outstanding Chart

GigaCloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

31.83

18.53

16.82

22.30

GigaCloud Technology Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial										20.33	17.96	15.85	16.84	21.49

Competitive Comparison of GigaCloud Technology's Days Sales Outstanding

For the Software - Infrastructure subindustry, GigaCloud Technology'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.

GigaCloud Technology's Days Sales Outstanding Distribution in the Software Industry

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

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

GigaCloud Technology 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.

GigaCloud Technology'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
=	( (27.142	+	58.876)	/	2 )	/	703.831	*	365
=	43.009					/	703.831	*	365
=	22.30

GigaCloud Technology's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (58.876	+	59.4)	/	2 )	/	251.077	*	365 / 4
=	59.138					/	251.077	*	365 / 4
=	21.49

GigaCloud Technology (NAS:GCT) Days Sales Outstanding Explanation

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

GigaCloud Technology Days Sales Outstanding Related Terms

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GigaCloud Technology (GigaCloud Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GigaCloud Technology Inc (NAS:GCT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

24-30 Ice House Street, Unit A, 12th Floor, Shun Ho Tower, Central, Hong Kong, HKG

Website

https://www.gigacloudtech.com

GigaCloud Technology Inc end-to-end B2B e-commerce solutions for large parcel merchandise. Its B2B e-commerce platform, which refers to as the GigaCloud Marketplace, integrates everything from discovery, payments, and logistics tools into one easy-to-use platform. It offers online and offline integrated cross-border transaction and delivery services for furniture and large merchandise. Its marketplace seamlessly connects manufacturers in Asia, with resellers in the U.S., Asia, and Europe, to execute cross-border transactions with confidence, speed, and efficiency. It offers a truly comprehensive solution that transports products from the manufacturer's warehouse to end customers, all at one fixed price.