Pagaya Technologies (Pagaya Technologies) Days Sales Outstanding : 32.13 (As of Mar. 2024)

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What is Pagaya Technologies Days Sales Outstanding?

Pagaya Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was $83.4 Mil. Pagaya Technologies's Revenue for the three months ended in Mar. 2024 was $237.0 Mil. Hence, Pagaya Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 32.13.

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

PGY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.48 Med: 28.57 Max: 50.97
Current: 31.56

During the past 4 years, Pagaya Technologies's highest Days Sales Outstanding was 50.97. The lowest was 18.48. And the median was 28.57.

PGY's Days Sales Outstanding is ranked better than
84.61% of 2729 companies
in the Software industry
Industry Median: 61.8 vs PGY: 31.56

Pagaya Technologies's Days Sales Outstanding increased from Mar. 2023 (30.64) to Mar. 2024 (32.13).

Pagaya Technologies Days Sales Outstanding Historical Data

The historical data trend for Pagaya Technologies'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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Pagaya Technologies Days Sales Outstanding Chart

Pagaya Technologies Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

50.97

18.48

24.38

32.76

Pagaya Technologies Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								30.64	31.08	30.69	31.87	32.13

Competitive Comparison of Pagaya Technologies's Days Sales Outstanding

For the Software - Infrastructure subindustry, Pagaya Technologies'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.

Pagaya Technologies's Days Sales Outstanding Distribution in the Software Industry

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

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

Pagaya Technologies 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.

Pagaya Technologies'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
=	( (59.219	+	79.526)	/	2 )	/	772.814	*	365
=	69.3725					/	772.814	*	365
=	32.76

Pagaya Technologies'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
=	( (79.526	+	87.37)	/	2 )	/	237.004	*	365 / 4
=	83.448					/	237.004	*	365 / 4
=	32.13

Pagaya Technologies (NAS:PGY) Days Sales Outstanding Explanation

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

Pagaya Technologies Days Sales Outstanding Related Terms

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Pagaya Technologies (Pagaya Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pagaya Technologies Ltd (NAS:PGY) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

Derech Menachem Begin 121, Azrieli Sarona Building, 54th Floor, Tel-Aviv, ISR, 6701203

Website

https://www.pagaya.com

Pagaya Technologies Ltd is a financial technology company working to reshape the lending marketplace by using machine learning, big data analytics, and sophisticated AI-driven credit and analysis technology. It was built to provide a comprehensive solution to enable the credit industry to deliver customers a positive experience while simultaneously enhancing the broader credit ecosystem. Its proprietary API seamlessly integrates into its next-gen infrastructure network of partners to deliver a premium customer user experience and greater access to credit.