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Tradeweb Markets (Tradeweb Markets) Days Sales Outstanding : 88.98 (As of Dec. 2023)


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What is Tradeweb Markets Days Sales Outstanding?

Tradeweb Markets's average Accounts Receivable for the three months ended in Dec. 2023 was $361 Mil. Tradeweb Markets's Revenue for the three months ended in Dec. 2023 was $370 Mil. Hence, Tradeweb Markets's Days Sales Outstanding for the three months ended in Dec. 2023 was 88.98.

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

TW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.94   Med: 53.8   Max: 95.99
Current: 73.78

During the past 8 years, Tradeweb Markets's highest Days Sales Outstanding was 95.99. The lowest was 39.94. And the median was 53.80.

TW's Days Sales Outstanding is ranked worse than
53.58% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs TW: 73.78

Tradeweb Markets's Days Sales Outstanding increased from Dec. 2022 (47.54) to Dec. 2023 (88.98).


Tradeweb Markets Days Sales Outstanding Historical Data

The historical data trend for Tradeweb 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.

Tradeweb Markets Days Sales Outstanding Chart

Tradeweb Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 92.01 47.36 39.94 43.64 95.99

Tradeweb Markets Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 47.54 47.08 70.02 64.37 88.98

Competitive Comparison of Tradeweb Markets's Days Sales Outstanding

For the Capital Markets subindustry, Tradeweb 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.


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

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

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



Tradeweb 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.

Tradeweb 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
=( (154.308 + 549.585) / 2 ) / 1338.219*365
=351.9465 / 1338.219*365
=95.99

Tradeweb 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
=( (172.005 + 549.585) / 2 ) / 370*365 / 4
=360.795 / 370*365 / 4
=88.98

* 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.


Tradeweb Markets  (NAS:TW) Days Sales Outstanding Explanation

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


Tradeweb Markets Days Sales Outstanding Related Terms

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


Tradeweb Markets (Tradeweb Markets) Business Description

Traded in Other Exchanges
Address
1177 Avenue of the Americas, New York, NY, USA, 10036
Founded in 1998 and headquartered in New York City, Tradeweb Markets is a leading fixed-income trading platform. While it does offer electronic processing for some voice-negotiated trades, the company focuses primarily on providing electronic trading networks that connect broker/dealers, institutional clients, and retail customers. While the company offers trading in a wide variety of products, the bulk of its business is in U.S. and European government debt, mortgage-backed securities, interest-rate swaps, and U.S. and international corporate bonds. The firm also sells fixed-income trading and price data, primarily through a deal with Refinitiv's Eikon service.
Executives
William Hult director, officer: President TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Douglas Friedman officer: General Counsel and Secretary TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Scott Zucker officer: Chief Admin. and Risk Officer TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Enrico Bruni officer: Managing Director, Europe/Asia TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Justin Peterson officer: Chief Technology Officer TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Rana Yared director 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Catherine Johnson director 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Tradeweb Markets Inc. director 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Steven Berns director TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Sara Furber officer: Chief Financial Officer MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVE, NEW YORK NY 10036
Lee Olesky director, officer: Chief Executive Officer TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Troy Dixon director PO BOX 25250, PMB 13941, MIAMI FL 33102
Jacques Aigrain director C/O LYONDELLBASELL INDUSTRIES N.V., DELFTSEPLEIN 27E, ROTTERDAM P7 3013AA
Simon Maisey officer: Managing Director, Corp. Dev. TRADEWEB MARKETS INC., 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Balbir Bakhshi director 1177 AVENUE OF THE AMERICAS, NEW YORK NY 10036