MarketAxess Holdings (BSP:M1KT34) Days Sales Outstanding : 40.84 (As of Mar. 2024)

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What is MarketAxess Holdings Days Sales Outstanding?

MarketAxess Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was R$469 Mil. MarketAxess Holdings's Revenue for the three months ended in Mar. 2024 was R$1,047 Mil. Hence, MarketAxess Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.84.

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

BSP:M1KT34' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.16 Med: 43.7 Max: 47.92
Current: 45.49

During the past 13 years, MarketAxess Holdings's highest Days Sales Outstanding was 47.92. The lowest was 36.16. And the median was 43.70.

BSP:M1KT34's Days Sales Outstanding is ranked better than
57.17% of 558 companies
in the Capital Markets industry
Industry Median: 61.865 vs BSP:M1KT34: 45.49

MarketAxess Holdings's Days Sales Outstanding increased from Mar. 2023 (40.24) to Mar. 2024 (40.84).

MarketAxess Holdings Days Sales Outstanding Historical Data

The historical data trend for MarketAxess 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.

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MarketAxess Holdings Days Sales Outstanding Chart

MarketAxess Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.56

34.18

35.58

37.43

42.15

MarketAxess Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															40.24	50.86	48.18	41.89	40.84

Competitive Comparison of MarketAxess Holdings's Days Sales Outstanding

For the Capital Markets subindustry, MarketAxess 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.

MarketAxess Holdings's Days Sales Outstanding Distribution in the Capital Markets Industry

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

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

MarketAxess 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.

MarketAxess 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
=	( (411.502	+	440.193)	/	2 )	/	3687.33	*	365
=	425.8475					/	3687.33	*	365
=	42.15

MarketAxess Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (440.193	+	497.372)	/	2 )	/	1047.342	*	365 / 4
=	468.7825					/	1047.342	*	365 / 4
=	40.84

MarketAxess Holdings (BSP:M1KT34) Days Sales Outstanding Explanation

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

MarketAxess Holdings Days Sales Outstanding Related Terms

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MarketAxess Holdings (BSP:M1KT34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » MarketAxess Holdings Inc (BSP:M1KT34) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MKTX:USA MWI:Germany

Address

55 Hudson Yards, 15th Floor, New York, NY, USA, 10001

Website

https://www.marketaxess.com

Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being U.S. investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.

MarketAxess Holdings (BSP:M1KT34) Headlines

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