Palantir Technologies (STU:PTX) Days Sales Outstanding : 61.18 (As of Mar. 2024)

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What is Palantir Technologies Days Sales Outstanding?

Palantir Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was €391 Mil. Palantir Technologies's Revenue for the three months ended in Mar. 2024 was €584 Mil. Hence, Palantir Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.18.

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

STU:PTX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.76 Med: 37.89 Max: 59.79
Current: 59.79

During the past 6 years, Palantir Technologies's highest Days Sales Outstanding was 59.79. The lowest was 11.76. And the median was 37.89.

STU:PTX's Days Sales Outstanding is ranked better than
52.51% of 2729 companies
in the Software industry
Industry Median: 61.8 vs STU:PTX: 59.79

Palantir Technologies's Days Sales Outstanding increased from Mar. 2023 (44.75) to Mar. 2024 (61.18).

Palantir Technologies Days Sales Outstanding Historical Data

The historical data trend for Palantir Technologies'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.

Palantir Technologies Days Sales Outstanding Chart

Palantir Technologies Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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16.97

35.41

39.85

41.88

51.73

Palantir Technologies 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															44.75	54.14	65.43	60.33	61.18

Competitive Comparison of Palantir Technologies's Days Sales Outstanding

For the Software - Infrastructure subindustry, Palantir Technologies'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.

Palantir Technologies's Days Sales Outstanding Distribution in the Software Industry

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

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

Palantir Technologies 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.

Palantir Technologies'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
=	( (243.879	+	334.507)	/	2 )	/	2040.336	*	365
=	289.193					/	2040.336	*	365
=	51.73

Palantir Technologies'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
=	( (334.507	+	448.027)	/	2 )	/	583.591	*	365 / 4
=	391.267					/	583.591	*	365 / 4
=	61.18

Palantir Technologies (STU:PTX) Days Sales Outstanding Explanation

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

Palantir Technologies Days Sales Outstanding Related Terms

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Palantir Technologies (STU:PTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Palantir Technologies Inc (STU:PTX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PLTR:USA 1PLTR:Italy PTX:Germany PTX:Germany PTX:Germany P2LT34:Brazil PLTR:Austria

Address

1200 17th Street, Floor 15, Denver, CO, USA, 80202

Website

https://www.palantir.com

Palantir is an analytical software company that focuses on leveraging data to create efficiencies in its clients' organizations. The firm serves commercial and government clients via its Foundry and Gotham platforms, respectively. The Denver-based company was founded in 2003 and went public in 2020.

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