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Equinix (Equinix) Days Sales Outstanding : 43.98 (As of Dec. 2023)


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What is Equinix Days Sales Outstanding?

Equinix's average Accounts Receivable for the three months ended in Dec. 2023 was $1,017 Mil. Equinix's Revenue for the three months ended in Dec. 2023 was $2,110 Mil. Hence, Equinix's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.98.

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

EQIX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.41   Med: 39.63   Max: 43.41
Current: 42.88

During the past 13 years, Equinix's highest Days Sales Outstanding was 43.41. The lowest was 33.41. And the median was 39.63.

EQIX's Days Sales Outstanding is ranked worse than
68.4% of 617 companies
in the REITs industry
Industry Median: 22.44 vs EQIX: 42.88

Equinix's Days Sales Outstanding increased from Dec. 2022 (39.85) to Dec. 2023 (43.98).


Equinix Days Sales Outstanding Historical Data

The historical data trend for Equinix'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.

Equinix Days Sales Outstanding Chart

Equinix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.29 41.56 37.36 38.62 41.44

Equinix 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 39.85 40.39 43.39 45.09 43.98

Competitive Comparison of Equinix's Days Sales Outstanding

For the REIT - Specialty subindustry, Equinix'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.


Equinix's Days Sales Outstanding Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Equinix's Days Sales Outstanding distribution charts can be found below:

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



Equinix 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.

Equinix'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
=( (855.38 + 1003.792) / 2 ) / 8188.136*365
=929.586 / 8188.136*365
=41.44

Equinix'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
=( (1030.694 + 1003.792) / 2 ) / 2110.489*365 / 4
=1017.243 / 2110.489*365 / 4
=43.98

* 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.


Equinix  (NAS:EQIX) Days Sales Outstanding Explanation

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


Equinix Days Sales Outstanding Related Terms

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


Equinix (Equinix) Business Description

Industry
Traded in Other Exchanges
Address
One Lagoon Drive, Redwood City, CA, USA, 94065
Equinix operates 248 data centers in 71 markets worldwide. It generates 46% of total revenue in the Americas, 32% in Europe, the Middle East, and Africa, and 22% in Asia-Pacific. The firm has more than 10,000 customers, including 2,100 network providers, that are dispersed over five verticals: cloud and IT services, content providers, network and mobile services, financial services, and enterprise. About 70% of Equinix's revenue comes from renting space to tenants and related services, and more than 15% comes from interconnection. Equinix operates as a real estate investment trust.
Executives
Charles J Meyers officer: CEO and President 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Scott Crenshaw officer: EVP, GM Digital Services ONE FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78133
Keith D Taylor officer: VP Finance, CAO 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Brandi Galvin officer: General Counsel 301 VELOCITY WAY, 5TH FLOOR, FOSTER CITY CA 94404
Michael Earl Campbell officer: Chief Sales Officer 1 LAGOON DRIVE, REDWOOD CITY CA 94065
Jonathan Lin officer: EVP, GM, Data Center Services C/O EQUINIX, INC., ONE LAGOON DRIVE, REDWOOD CITY CA 94065
Camp Peter Van director, officer: Chief Executive Officer C/O PACKETEER INC, 10201 N DEANZA BLVD, CUPERTINO CA 95014
Gary Hromadko director, 10 percent owner, other: Affiliate of Director 301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Christopher B Paisley director 14870 THREE OAKS COURT, SARATOGA CA 95070
Simon Miller officer: Chief Accounting Officer 1 LAGOON DR, REDWOOD CITY CA 94065
Fidelma Russo director C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Karl Strohmeyer officer: Chief Customer & Rev Officer ONE LAGOON DRIVE, 4TH FLOOR, REDWOOD CITY CA 94065
Thomas S Olinger director C/O AMB PROPERTY CORPORATION, PIER 1, BAY 1, SAN FRANCISCO CA 94111
Jeetendra I Patel director 200 E. RANDOLPH DRIVE, CHICAGO IL 60601
Ron Guerrier director C/O EXPRESS SCRIPTS HOLDING COMPANY, ONE EXPRESS WAY, ST. LOUIS MO 63121