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Bright Horizons Family Solutions (Bright Horizons Family Solutions) Days Sales Outstanding : 37.43 (As of Dec. 2023)


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What is Bright Horizons Family Solutions Days Sales Outstanding?

Bright Horizons Family Solutions's average Accounts Receivable for the three months ended in Dec. 2023 was $253 Mil. Bright Horizons Family Solutions's Revenue for the three months ended in Dec. 2023 was $616 Mil. Hence, Bright Horizons Family Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.43.

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

BFAM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.82   Med: 24.3   Max: 40.3
Current: 34.24

During the past 13 years, Bright Horizons Family Solutions's highest Days Sales Outstanding was 40.30. The lowest was 21.82. And the median was 24.30.

BFAM's Days Sales Outstanding is ranked worse than
70.3% of 101 companies
in the Personal Services industry
Industry Median: 20.38 vs BFAM: 34.24

Bright Horizons Family Solutions's Days Sales Outstanding increased from Dec. 2022 (35.46) to Dec. 2023 (37.43).


Bright Horizons Family Solutions Days Sales Outstanding Historical Data

The historical data trend for Bright Horizons Family Solutions'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.

Bright Horizons Family Solutions Days Sales Outstanding Chart

Bright Horizons Family Solutions 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 24.78 39.20 40.30 38.67 37.65

Bright Horizons Family Solutions 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 35.46 36.92 31.16 28.58 37.43

Competitive Comparison of Bright Horizons Family Solutions's Days Sales Outstanding

For the Personal Services subindustry, Bright Horizons Family Solutions'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.


Bright Horizons Family Solutions's Days Sales Outstanding Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Bright Horizons Family Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Bright Horizons Family Solutions's Days Sales Outstanding falls into.



Bright Horizons Family Solutions 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.

Bright Horizons Family Solutions'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
=( (217.17 + 281.71) / 2 ) / 2418.257*365
=249.44 / 2418.257*365
=37.65

Bright Horizons Family Solutions'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
=( (223.318 + 281.71) / 2 ) / 615.648*365 / 4
=252.514 / 615.648*365 / 4
=37.43

* 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.


Bright Horizons Family Solutions  (NYSE:BFAM) Days Sales Outstanding Explanation

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


Bright Horizons Family Solutions Days Sales Outstanding Related Terms

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Bright Horizons Family Solutions (Bright Horizons Family Solutions) Business Description

Traded in Other Exchanges
Address
2 Wells Avenue, Newton, MA, USA, 02459
Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.
Executives
Mary Ann Tocio director, officer: President and COO C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Lightfoot Sara Lawrence director
Mary Lou Burke officer: COO North America Center Ops C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02048
Lawrence M Alleva director 1000 WINTER STREET, SUITE 3300, WALTHAM MA 02451
Stephen Howard Kramer officer: Chief Development Officer C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Rosamund Marshall officer: Managing Director - Intl. 2 WELLS AVENUE, NEWTON MA 02459
Elizabeth J Boland officer: Chief Financial Officer C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
John Guy Casagrande officer: General Counsel and Secretary C/O BRIGHT HORIZONS, 2 WELLS AVENUE, NEWTON MA 02459
Jason Janoff officer: Chief Accounting Officer 2 WELLS AVENUE, NEWTON MA 02459
Maribeth Nash Bearfield officer: Chief Human Resources Officer 2 WELLS AVENUE, NEWTON MA 02459
David H Lissy director, officer: Chief Executive Officer C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Marguerite Sallee director C/O BRIGHT HORIZONS FAMILY SOLUTIONS INC, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Julie Atkinson director C/O BRIGHT HORIZONS, 2 WELLS AVENUE, NEWTON MA 02459
Stephen I Dreier officer: See Remarks C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 200 TALCOTT AVENUE SOUTH, WATERTOWN MA 02472
Linda A Mason director BRIGHT HORIZONS INC, ONE KENDALL SQ BLDG 200, CAMBRIDGE MA 02139