CCC Intelligent Solutions Holdings (CCC Intelligent Solutions Holdings) Days Sales Outstanding : 43.94 (As of Dec. 2023)

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What is CCC Intelligent Solutions Holdings Days Sales Outstanding?

CCC Intelligent Solutions Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $110.1 Mil. CCC Intelligent Solutions Holdings's Revenue for the three months ended in Dec. 2023 was $228.6 Mil. Hence, CCC Intelligent Solutions Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.94.

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

CCCS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.54 Med: 41.8 Max: 42.73
Current: 42.71

During the past 5 years, CCC Intelligent Solutions Holdings's highest Days Sales Outstanding was 42.73. The lowest was 40.54. And the median was 41.80.

CCCS's Days Sales Outstanding is ranked better than
74.02% of 2721 companies
in the Software industry
Industry Median: 62.03 vs CCCS: 42.71

CCC Intelligent Solutions Holdings's Days Sales Outstanding stayed the same from Dec. 2022 (43.94) to Dec. 2023 (43.94).

CCC Intelligent Solutions Holdings Days Sales Outstanding Historical Data

The historical data trend for CCC Intelligent Solutions 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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CCC Intelligent Solutions Holdings Days Sales Outstanding Chart

CCC Intelligent Solutions Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

42.73

40.54

41.32

42.28

CCC Intelligent Solutions Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										43.94	42.44	40.60	44.14	43.94

Competitive Comparison of CCC Intelligent Solutions Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, CCC Intelligent Solutions 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.

CCC Intelligent Solutions Holdings's Days Sales Outstanding Distribution in the Software Industry

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

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

CCC Intelligent Solutions 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.

CCC Intelligent Solutions 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
=	( (98.353	+	102.365)	/	2 )	/	866.378	*	365
=	100.359					/	866.378	*	365
=	42.28

CCC Intelligent Solutions 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
=	( (117.799	+	102.365)	/	2 )	/	228.601	*	365 / 4
=	110.082					/	228.601	*	365 / 4
=	43.94

CCC Intelligent Solutions Holdings (NAS:CCCS) Days Sales Outstanding Explanation

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

CCC Intelligent Solutions Holdings Days Sales Outstanding Related Terms

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CCC Intelligent Solutions Holdings (CCC Intelligent Solutions Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CCC Intelligent Solutions Holdings Inc (NAS:CCCS) » Definitions » Days Sales Outstanding

Comparable Companies

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Traded in Other Exchanges

0B1:Germany

Address

167 North Green Street, 9th Floor, Chicago, IL, USA, 60607

Website

https://www.cccis.com

CCC Intelligent Solutions Holdings Inc is a provider of cloud, mobile, AI, telematics, hyperscale technologies and applications for the property and casualty insurance economy. The company's SaaS platform connects trading partners, facilitates commerce, and supports mission-critical, and AI-enabled digital workflows. The company generate revenue through the sale of software subscriptions and other revenue, primarily from professional services. The company has its presence in United States and China. Majority of the revenue is generated from United States.

Executives

Lauren Young	director	C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Advent International Corp/ma	director, 10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Eric Wei	director	C/O ADVENT INTERNATIONAL, PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Christopher Egan	director	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Advent International Gp, Llc	director, 10 percent owner	800 BOYLSTON STREET SUITE 3300, BOSTON MA 02199
Rodney Christo	officer: Chief Accounting Officer	222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Brian Herb	officer: See Remarks	222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Eileen Schloss	director	C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Marc Fredman	officer: See Remarks	222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
Mary Jo Prigge	officer: See Remarks
John Page Goodson	officer: Chief Technology Officer	14 OAK PARK DRIVE, BEDFORD MA 01730
Michael John Silva	officer: See Remarks	222 MERCHANDISE MART PLAZA, SUITE 900, CHICAGO IL 60654
William Ingram	director	C/O LEAP WIRELESS INTERNATIONAL, INC., 5887 COPLEY DRIVE, SAN DIEGO CA 92111
Cypress Investor Holdings, Lp	director, 10 percent owner	PRUDENTIAL TOWER, 800 BOYLSTON STREET, BOSTON MA 02199
Oh Cypress Aggregator, L.p.	director	ONE STAMFORD PLAZA, 262 TRESSER BOULEVARD, 15TH FLOOR, STAMFORD CT 06901