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FactSet Research Systems (FactSet Research Systems) Days Sales Outstanding

: 43.25 (As of Feb. 2024)
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FactSet Research Systems's average Accounts Receivable for the three months ended in Feb. 2024 was $259 Mil. FactSet Research Systems's Revenue for the three months ended in Feb. 2024 was $546 Mil. Hence, FactSet Research Systems's Days Sales Outstanding for the three months ended in Feb. 2024 was 43.25.

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

FDS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.23   Med: 35.97   Max: 42.38
Current: 42.38

During the past 13 years, FactSet Research Systems's highest Days Sales Outstanding was 42.38. The lowest was 31.23. And the median was 35.97.

FDS's Days Sales Outstanding is ranked better than
59.21% of 559 companies
in the Capital Markets industry
Industry Median: 62.85 vs FDS: 42.38

FactSet Research Systems's Days Sales Outstanding increased from Feb. 2023 (42.95) to Feb. 2024 (43.25).


FactSet Research Systems Days Sales Outstanding Historical Data

The historical data trend for FactSet Research Systems'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.

Array ( [0] => - [1] => - [2] => - [3] => - [4] => - [5] => 38.52 [6] => 36.81 [7] => 35.11 [8] => 35.16 [9] => 38.66 )
FactSet Research Systems Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.52 36.81 35.11 35.16 38.66

FactSet Research Systems Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 42.95 42.64 40.49 40.64 43.25

Competitive Comparison

For the Financial Data & Stock Exchanges subindustry, FactSet Research Systems'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.


FactSet Research Systems Days Sales Outstanding Distribution

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

* The bar in red indicates where FactSet Research Systems's Days Sales Outstanding falls into.



FactSet Research Systems 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.

FactSet Research Systems's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

Days Sales Outstanding (A: Aug. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2022 ) + Accounts Receivable (A: Aug. 2023 )) / count ) / Revenue (A: Aug. 2023 )*Days in Period
=( (204.102 + 237.665) / 2 ) / 2085.508*365
=220.8835 / 2085.508*365
=38.66

FactSet Research Systems's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (245.318 + 272.177) / 2 ) / 545.945*365 / 4
=258.7475 / 545.945*365 / 4
=43.25

* 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.


FactSet Research Systems  (NYSE:FDS) Days Sales Outstanding Explanation

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


FactSet Research Systems Days Sales Outstanding Related Terms

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FactSet Research Systems (FactSet Research Systems) Business Description

Traded in Other Exchanges
Address
45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850
FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.
Executives
Frederick Philip Snow director, officer: Chief Executive Officer 45 GLOVER AVENUE, NORWALK CT 06850
Laurie Siegel director C/O VOLT INFORMATION SCIENCES, INC., 1133 AVENUE OF THE AMERICAS, 15TH FLOOR, NEW YORK NY 10036
Katherine M Stepp officer: Chief Technology Officer (CTO) FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Rachel Rebecca Stern officer: EVP, Chief Legal Officer 45 GLOVER AVENUE, NORWALK CT 06850
Robert J. Robie officer: EVP, Head of Trading&Analytics 45 GLOVER AVENUE, NORWALK CT 06850
Christopher R Ellis officer: EVP, Initiatives & P'ships FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Malcolm Frank director FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Goran Skoko officer: EVP, Wealth Solutions 45 GLOVER AVENUE, NORWALK CT 06850
Kristina W Karnovsky officer: EVP, Chief Product Officer 45 GLOVER AVENUE, NORWALK CT 06850
John Costigan officer: Chief Content Officer FACTSET RESEARCH SYSTEMS, 45 GLOVER AVENUE, NORWALK CT 06850
Catrina Harding officer: Chief People Officer FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Jonathan Reeve officer: EVP, Senior Head of CTS 601 MAIN AVENUE, NORWALK CT 06851
Shlomo Elisha Wiesel director FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Sheila B Jordan director 601 MERRITT 7, NORWALK CT 06851
Joseph Zimmel director 601 MERRITT 7, NORWALK CT 06851