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Investment Technology Group (Investment Technology Group) Days Sales Outstanding : 112.40 (As of Sep. 2018)


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What is Investment Technology Group Days Sales Outstanding?

Investment Technology Group's average Accounts Receivable for the three months ended in Sep. 2018 was $148.8 Mil. Investment Technology Group's Revenue for the three months ended in Sep. 2018 was $120.8 Mil. Hence, Investment Technology Group's Days Sales Outstanding for the three months ended in Sep. 2018 was 112.40.

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

ITG's Days Sales Outstanding is not ranked *
in the Capital Markets industry.
Industry Median: 62.115
* Ranked among companies with meaningful Days Sales Outstanding only.

Investment Technology Group's Days Sales Outstanding increased from Sep. 2017 (107.96) to Sep. 2018 (112.40).

Investment Technology Group Days Sales Outstanding Historical Data

The historical data trend for Investment Technology Group'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.

Investment Technology Group Days Sales Outstanding Chart

Investment Technology Group Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 391.21 227.85 45.17 40.33 48.74

Investment Technology Group Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 Premium Member Only Premium Member Only Premium Member Only 107.96 60.66 66.99 100.48 112.40

Competitive Comparison of Investment Technology Group's Days Sales Outstanding

For the Capital Markets subindustry, Investment Technology Group'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.

Investment Technology Group's Days Sales Outstanding Distribution in the Capital Markets Industry

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

* The bar in red indicates where Investment Technology Group's Days Sales Outstanding falls into.


Investment Technology Group 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.

Investment Technology Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2017 is calculated as

Days Sales Outstanding (A: Dec. 2017 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2016 ) + Accounts Receivable (A: Dec. 2017 )) / count ) / Revenue (A: Dec. 2017 )*Days in Period
=( (54.486 + 74.695) / 2 ) / 483.694*365
=64.5905 / 483.694*365
=48.74

Investment Technology Group's Days Sales Outstanding for the quarter that ended in Sep. 2018 is calculated as:

Days Sales Outstanding (Q: Sep. 2018 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2018 ) + Accounts Receivable (A: Sep. 2018 )) / count ) / Revenue (A: Sep. 2018 )*Days in Period
=( (164.583 + 132.94) / 2 ) / 120.769*365 / 4
=148.7615 / 120.769*365 / 4
=112.40

* 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.

Investment Technology Group  (NYSE:ITG) Days Sales Outstanding Explanation

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

Investment Technology Group Days Sales Outstanding Related Terms

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Investment Technology Group (Investment Technology Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Investment Technology Group Inc (NYSE:ITG) » Definitions » Days Sales Outstanding
Comparable Companies
TPE:2889 TSE:7148 HKSE:01911 LSE:PLUS NSE:JMFINANCIL XAMS:FLOW HKSE:00086 CAI:HRHO.CA HKSE:01476 FRHC ROCO:5820 FUTU AC HKSE:01788 TPE:6005 MIL:TIP TSE:6196 VALUEGFO INTL XSWX:CFT
Traded in Other Exchanges
N/A
Address
165 Broadway, One Liberty Plaza, New York, NY, USA, 10006
Website
http://www.itg.com
Investment Technology Group Inc is a United States-based brokerage and financial technology company. The company provides a wide range of products and services, including electronic brokerage, research, sales and trading, and platforms and analytics. The company generates over half of its revenue from electronic brokerage, research, and sales and trading. The company has a global presence, with a network of offices in North America, Europe, and Asia-Pacific. Its business is categorized into four reporting segments: U.S. operations, Canadian operations, European operations, and Asia-Pacific operations. The U.S. is its largest market.
Executives
Lee Shavel director ONE LIBERTY PLAZA, NEW YORK NY 10006
Brian G. Cartwright director 3760 KILROY AIRPORT WAY SUITE 300, LONG BEACH CA 90806
R Jarrett Lilien director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE, INC., NEW YORK NY 10119
Kevin J Lynch director 201 POST STREET, SUITE 1000, SAN FRANCISCO CA 94108
T Kelley Millet director ITG INC., ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
Christopher V Dodds director ITG INC., ONE LIBERTY PLAZA, 165 BROADWAY, NEW YORK NY 10006
D. E. Shaw & Co, L.p. 10 percent owner, other: See footnotes 1 and 2 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
David E Shaw 10 percent owner, other: See footnotes 1 and 2 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c. 10 percent owner, other: See footnotes 1 and 2 1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw Laminar Portfolios, L.l.c. 10 percent owner, other: See footnotes 1 and 2. 120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
William I Jacobs director C/O MASTERCARD INTERNATIONAL INC, 2000 PURCHASE ST, PUCHASE NY 10577-2509
Killian Raymond L Jr director C/O INVESTMENT TECHNOLOGY GROUP INC, 900 THIRD AVE, NEW YORK NY 10022
Mark A Wolfson director C/O ARBOR INVESTORS, 2460 SAND HILL RD STE 300, MENLO PARK CA 94025