Bakkt Holdings (Bakkt Holdings) Days Sales Outstanding : 10.92 (As of Dec. 2023)

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What is Bakkt Holdings Days Sales Outstanding?

Bakkt Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $25.7 Mil. Bakkt Holdings's Revenue for the three months ended in Dec. 2023 was $214.5 Mil. Hence, Bakkt Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 10.92.

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

BKKT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.93 Med: 78.01 Max: 119.16
Current: 10.93

During the past 4 years, Bakkt Holdings's highest Days Sales Outstanding was 119.16. The lowest was 10.93. And the median was 78.01.

BKKT's Days Sales Outstanding is ranked better than
95.6% of 2729 companies
in the Software industry
Industry Median: 61.68 vs BKKT: 10.93

Bakkt Holdings's Days Sales Outstanding declined from Dec. 2022 (117.75) to Dec. 2023 (10.92).

Bakkt Holdings Days Sales Outstanding Historical Data

The historical data trend for Bakkt Holdings'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.

Bakkt Holdings Days Sales Outstanding Chart

Bakkt Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

72.45

83.57

119.16

12.86

Bakkt Holdings Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial								117.75	155.92	5.26	9.52	10.92

Competitive Comparison of Bakkt Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, Bakkt Holdings'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.

Bakkt Holdings's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Bakkt Holdings's Days Sales Outstanding falls into.

Bakkt Holdings 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.

Bakkt Holdings'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
=	( (25.306	+	29.664)	/	2 )	/	780.136	*	365
=	27.485					/	780.136	*	365
=	12.86

Bakkt Holdings'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
=	( (21.699	+	29.664)	/	2 )	/	214.514	*	365 / 4
=	25.6815					/	214.514	*	365 / 4
=	10.92

Bakkt Holdings (NYSE:BKKT) Days Sales Outstanding Explanation

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

Bakkt Holdings Days Sales Outstanding Related Terms

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Bakkt Holdings (Bakkt Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bakkt Holdings Inc (NYSE:BKKT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

10000 Avalon Boulevard, Suite 1000, Alpharetta, GA, USA, 30009

Website

https://www.bakkt.com

Bakkt Holdings Inc operates technology that connects the digital economy by offering a platform for crypto and redeeming loyalty points. Its institutional-grade technology platform provides a custody solution that caters to more experienced market participants to store crypto and provides consumers, businesses, and institutions with the ability to buy, sell and store crypto in a simple, intuitive digital experience accessed via application programming interfaces (APIs) or embedded web experience, and Loyalty offers a full spectrum of content that clients can make available to its customers when redeeming loyalty currencies. It generates revenue in the form of Subscription and service and Transaction revenue.

Executives

Vpc Impact Acquisition Holdings Sponsor, Llc	director, 10 percent owner, other: See Remarks	150 NORTH RIVERSIDE PLAZA, SUITE 5200, CHICAGO IL 60606
Sean Roberts Collins	director	C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Marc D'annunzio	officer: General Counsel & Secretary	C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Mark Sonbolian Elliot	officer: Chief Sales & Mktg Officer	C/O BAKKT HOLDINGS INC., 10000 AVALON BLVD., SUITE 1000, ALPHARETTA GA 30009
Michael Gavin Constantine	director, officer: Chief Executive Officer	C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Karen Alexander	officer: Chief Accounting Officer	C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTE GA 30009
Charles Goodroe	officer: Chief Accounting Officer	C/O BAKKT HOLDINGS INC., 10000 AVALON BLVD., SUITE 1000, ALPHARETTA GA 30009
Meredith Spatz	officer: Chief Customer Officer	C/O BAKKT HOLDINGS INC., 10000 AVALON BLVD., SUITE 1000, ALPHARETTA GA 30009
De'ana Dow	director	C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Jill Simeone	director	C/O ETSY, 117 ADAMS STREET, BROOKLYN NY 11201
Nancy Gordon	officer: EVP Loyalty Rewards & Payments	C/O BAKKT HOLDINGS, INC., 5500 WINDWARD PKWY., SUITE 450, ALPHARETTA GA 30005
Andrew A Main	director	C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Daniel O'prey	officer: EVP, Digital Assets	C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Michael Leroy Lewis	officer: EVP Engineering & Operations	C/O BAKKT HOLDINGS, INC., 10000 AVALON BOULEVARD, SUITE 1000, ALPHARETTA GA 30009
Matthew Alan Johnson	officer: Chief Technology Officer	C/O BAKKT HOLDINGS, INC., 5500 WINDWARD PKWY., SUITE 450, ALPHARETTA GA 30005