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Robinhood Markets (STU:7KY) Days Sales Outstanding : 720.04 (As of Dec. 2023)


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What is Robinhood Markets Days Sales Outstanding?

Robinhood Markets's average Accounts Receivable for the three months ended in Dec. 2023 was €3,408 Mil. Robinhood Markets's Revenue for the three months ended in Dec. 2023 was €432 Mil. Hence, Robinhood Markets's Days Sales Outstanding for the three months ended in Dec. 2023 was 720.04.

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

STU:7KY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 673.05   Med: 869.17   Max: 1346.71
Current: 678.68

During the past 5 years, Robinhood Markets's highest Days Sales Outstanding was 1346.71. The lowest was 673.05. And the median was 869.17.

STU:7KY's Days Sales Outstanding is ranked worse than
87.05% of 556 companies
in the Capital Markets industry
Industry Median: 62.34 vs STU:7KY: 678.68

Robinhood Markets's Days Sales Outstanding declined from Dec. 2022 (924.88) to Dec. 2023 (720.04).


Robinhood Markets Days Sales Outstanding Historical Data

The historical data trend for Robinhood Markets'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.

Robinhood Markets Days Sales Outstanding Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
869.17 800.53 1,001.29 1,290.21 682.54

Robinhood Markets Quarterly Data
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 924.88 682.13 632.08 698.13 720.04

Competitive Comparison of Robinhood Markets's Days Sales Outstanding

For the Capital Markets subindustry, Robinhood Markets'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.


Robinhood Markets's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Robinhood Markets's Days Sales Outstanding distribution charts can be found below:

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



Robinhood Markets 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.

Robinhood Markets'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
=( (3109.536 + 3286.528) / 2 ) / 1710.205*365
=3198.032 / 1710.205*365
=682.54

Robinhood Markets'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
=( (3529.679 + 3286.528) / 2 ) / 431.907*365 / 4
=3408.1035 / 431.907*365 / 4
=720.04

* 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.


Robinhood Markets  (STU:7KY) Days Sales Outstanding Explanation

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


Robinhood Markets Days Sales Outstanding Related Terms

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Robinhood Markets (STU:7KY) Business Description

Traded in Other Exchanges
Address
85 Willow Road, Menlo Park, CA, USA, 94025
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

Robinhood Markets (STU:7KY) Headlines

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