Ellie Mae (Ellie Mae) Days Sales Outstanding : 36.13 (As of Dec. 2018)

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What is Ellie Mae Days Sales Outstanding?

Ellie Mae's average Accounts Receivable for the three months ended in Dec. 2018 was $45.9 Mil. Ellie Mae's Revenue for the three months ended in Dec. 2018 was $116.0 Mil. Hence, Ellie Mae's Days Sales Outstanding for the three months ended in Dec. 2018 was 36.13.

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

ELLI's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 62.195
* Ranked among companies with meaningful Days Sales Outstanding only.

Ellie Mae's Days Sales Outstanding declined from Dec. 2017 (37.23) to Dec. 2018 (36.13).

Ellie Mae Days Sales Outstanding Historical Data

The historical data trend for Ellie Mae'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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Ellie Mae Days Sales Outstanding Chart

Ellie Mae Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Sales Outstanding

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36.64

35.19

34.41

36.09

33.06

Ellie Mae Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Sales Outstanding	Get a 7-Day Free Trial															37.23	34.15	34.96	36.62	36.13

Competitive Comparison of Ellie Mae's Days Sales Outstanding

For the Software - Application subindustry, Ellie Mae'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.

Ellie Mae's Days Sales Outstanding Distribution in the Software Industry

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

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

Ellie Mae 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.

Ellie Mae's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

	Days Sales Outstanding (A: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (43.121	+	43.876)	/	2 )	/	480.266	*	365
=	43.4985					/	480.266	*	365
=	33.06

Ellie Mae's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

	Days Sales Outstanding (Q: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2018 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (48.013	+	43.876)	/	2 )	/	116.046	*	365 / 4
=	45.9445					/	116.046	*	365 / 4
=	36.13

Ellie Mae (NYSE:ELLI) Days Sales Outstanding Explanation

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

Ellie Mae Days Sales Outstanding Related Terms

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Ellie Mae (Ellie Mae) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ellie Mae Inc (NYSE:ELLI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4420 Rosewood Drive, Suite 500, Pleasanton, CA, USA, 94588

Website

https://www.elliemae.com

Ellie Mae Inc is a provider of on-demand software solutions and services for the residential mortgage industry. Its solutions provide a system to allow banks, credit unions, and mortgage lenders to originate and fund mortgages. The company's solutions include customer relationship management, loan processing, underwriting, compliance, and overall enterprise management capabilities. The company derives revenue from transaction-based fees and subscription fees to its Software-as-a-Service solutions, which are typically sold on an annual basis. All of the firm's revenue is generated in the United States.

Executives

Rajat Taneja	director	C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, LEGAL DEPT., REDWOOD CITY CA 94065
Marina Levinson	director	C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Robert J Levin	director	ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
A Barr Dolan	director	ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Karen Blasing	director	4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Peter Hirsch	officer: EVP, Technology & Operations	C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, PLEASANTON CA 94588
Alan S. Henricks	director	MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
First American Corp	10 percent owner	40 PACIFICA, SUITE 900, IRVINE CA 92618
Alta Embarcadero Partners Ii Llc	10 percent owner	ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Alta California Management Partners Ii Llc	10 percent owner	ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Garrett Gruener	10 percent owner	ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Alta California Partners Ii Lp	10 percent owner	ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Cmc Master Fund, L.p.	10 percent owner	525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301
C.m. Capital Corp	10 percent owner	525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301
C.m. Capital Advisors, Llc	10 percent owner	525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301