The Trade Desk (XTER:TT8) Days Sales Outstanding : 508.98 (As of Mar. 2024)

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What is The Trade Desk Days Sales Outstanding?

The Trade Desk's average Accounts Receivable for the three months ended in Mar. 2024 was €2,521 Mil. The Trade Desk's Revenue for the three months ended in Mar. 2024 was €452 Mil. Hence, The Trade Desk's Days Sales Outstanding for the three months ended in Mar. 2024 was 508.98.

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

XTER:TT8' s Days Sales Outstanding Range Over the Past 10 Years
Min: 433.35 Med: 549.15 Max: 642.07
Current: 439.02

During the past 10 years, The Trade Desk's highest Days Sales Outstanding was 642.07. The lowest was 433.35. And the median was 549.15.

XTER:TT8's Days Sales Outstanding is ranked worse than
96.99% of 2728 companies
in the Software industry
Industry Median: 61.815 vs XTER:TT8: 439.02

The Trade Desk's Days Sales Outstanding declined from Mar. 2023 (531.41) to Mar. 2024 (508.98).

The Trade Desk Days Sales Outstanding Historical Data

The historical data trend for The Trade Desk'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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The Trade Desk Days Sales Outstanding Chart

The Trade Desk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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547.08

624.57

532.65

490.62

495.76

The Trade Desk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															531.41	438.04	438.90	403.49	508.98

Competitive Comparison of The Trade Desk's Days Sales Outstanding

For the Software - Application subindustry, The Trade Desk'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.

The Trade Desk's Days Sales Outstanding Distribution in the Software Industry

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

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

The Trade Desk 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.

The Trade Desk'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
=	( (2215.752	+	2632.077)	/	2 )	/	1784.592	*	365
=	2423.9145					/	1784.592	*	365
=	495.76

The Trade Desk'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
=	( (2632.077	+	2409.738)	/	2 )	/	451.953	*	365 / 4
=	2520.9075					/	451.953	*	365 / 4
=	508.98

The Trade Desk (XTER:TT8) Days Sales Outstanding Explanation

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

The Trade Desk Days Sales Outstanding Related Terms

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

The Trade Desk (XTER:TT8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Trade Desk Inc (XTER:TT8) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TTD:USA TTD:Mexico TT8:Germany TT8:Germany T2TD34:Brazil

Address

42 N. Chestnut Street, Ventura, CA, USA, 93001

Website

https://www.thetradedesk.com

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

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