TaskUs (TaskUs) Days Sales Outstanding : 69.32 (As of Dec. 2023)

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What is TaskUs Days Sales Outstanding?

TaskUs's average Accounts Receivable for the three months ended in Dec. 2023 was $178.0 Mil. TaskUs's Revenue for the three months ended in Dec. 2023 was $234.3 Mil. Hence, TaskUs's Days Sales Outstanding for the three months ended in Dec. 2023 was 69.32.

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

TASK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.65 Med: 60.14 Max: 70.19
Current: 69.56

During the past 5 years, TaskUs's highest Days Sales Outstanding was 70.19. The lowest was 55.65. And the median was 60.14.

TASK's Days Sales Outstanding is ranked worse than
57.5% of 2725 companies
in the Software industry
Industry Median: 61.89 vs TASK: 69.56

TaskUs's Days Sales Outstanding increased from Dec. 2022 (65.79) to Dec. 2023 (69.32).

TaskUs Days Sales Outstanding Historical Data

The historical data trend for TaskUs'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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TaskUs Days Sales Outstanding Chart

TaskUs Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

58.84

55.65

60.14

64.90

70.19

TaskUs 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												65.79	67.74	68.93	71.73	69.32

Competitive Comparison of TaskUs's Days Sales Outstanding

For the Information Technology Services subindustry, TaskUs'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.

TaskUs's Days Sales Outstanding Distribution in the Software Industry

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

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

TaskUs 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.

TaskUs'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
=	( (178.678	+	176.812)	/	2 )	/	924.365	*	365
=	177.745					/	924.365	*	365
=	70.19

TaskUs'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
=	( (179.12	+	176.812)	/	2 )	/	234.264	*	365 / 4
=	177.966					/	234.264	*	365 / 4
=	69.32

TaskUs (NAS:TASK) Days Sales Outstanding Explanation

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

TaskUs Days Sales Outstanding Related Terms

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TaskUs (TaskUs) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

6VY:Germany

Address

1650 Independence Drive, Suite 100, New Braunfels, TX, USA, 78132

Website

https://www.taskus.com

TaskUs Inc is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies. It serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech.

Executives

Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Stephan Daoust	officer: Chief Operating Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Kelly L Tuminelli	director	TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568
Jill A Greenthal	director	MARTHA STEWART LIVING OMNIMEDIA INC, 11 WEST 42ND STREET 25TH FLOOR, NEW YORK NY 10036
Rajnish Sinha	officer: Chief People Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Michelle H Gonzalez	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Claudia F Walsh	officer: General Counsel	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Bcp Fc Aggregator L.p.	10 percent owner	C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154
Jaspar Weir	director, 10 percent owner, officer: President	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Blackstone Holdings Iii L.p.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Bryce Maddock	director, 10 percent owner, officer: Chief Executive Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Susir Kumar	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Amit Dixit	director	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Jarrod Johnson	officer: Chief Customer Officer	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132
Steven Amaya	officer: See Remarks	C/O TASKUS, INC., 1650 INDEPENDENCE DRIVE, SUITE 100, NEW BRAUNFELS TX 78132