SS&C Technologies Holdings (SS&C Technologies Holdings) Days Sales Outstanding : 47.10 (As of Dec. 2023)

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What is SS&C Technologies Holdings Days Sales Outstanding?

SS&C Technologies Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $729 Mil. SS&C Technologies Holdings's Revenue for the three months ended in Dec. 2023 was $1,412 Mil. Hence, SS&C Technologies Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.10.

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

SSNC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.54 Med: 37.58 Max: 48.63
Current: 48.63

During the past 13 years, SS&C Technologies Holdings's highest Days Sales Outstanding was 48.63. The lowest was 27.54. And the median was 37.58.

SSNC's Days Sales Outstanding is ranked better than
66.51% of 2726 companies
in the Software industry
Industry Median: 62.175 vs SSNC: 48.63

SS&C Technologies Holdings's Days Sales Outstanding increased from Dec. 2022 (46.16) to Dec. 2023 (47.10).

SS&C Technologies Holdings Days Sales Outstanding Historical Data

The historical data trend for SS&C Technologies 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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SS&C Technologies Holdings Days Sales Outstanding Chart

SS&C Technologies Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.59

37.82

36.16

38.53

40.28

SS&C Technologies Holdings 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															46.16	47.03	54.08	54.79	47.10

Competitive Comparison of SS&C Technologies Holdings's Days Sales Outstanding

For the Software - Application subindustry, SS&C Technologies 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.

SS&C Technologies Holdings's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where SS&C Technologies Holdings's Days Sales Outstanding falls into.

SS&C Technologies 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.

SS&C Technologies 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
=	( (593.6	+	621)	/	2 )	/	5502.8	*	365
=	607.3					/	5502.8	*	365
=	40.28

SS&C Technologies 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
=	( (836.2	+	621)	/	2 )	/	1411.6	*	365 / 4
=	728.6					/	1411.6	*	365 / 4
=	47.10

SS&C Technologies Holdings (NAS:SSNC) Days Sales Outstanding Explanation

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

SS&C Technologies Holdings Days Sales Outstanding Related Terms

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SS&C Technologies Holdings (SS&C Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SS&C Technologies Holdings Inc (NAS:SSNC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SSNC:Mexico WGSA:Germany WGSA:Germany

Address

80 Lamberton Road, Windsor, CT, USA, 06095

Website

https://www.ssctech.com

SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.

Executives

Normand A Boulanger	director, officer: President and COO	SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Rahul Kanwar	officer: Senior Vice President	80 LAMBERTON ROAD, WINDSOR CT 06095
Brian N Schell	officer: EVP & CFO	433 WEST VAN BUREN STREET, CHICAGO IL 60607
Patrick J Pedonti	officer: SVP and CFO	SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Jonathan E Michael	director	C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
William C Stone	director, 10 percent owner, officer: Chairman of the Board & CEO
Jason Douglas White	officer: SVP & General Counsel	588 THE PARKWAY, MAMARONECK NY 10543
Joseph J. Frank	officer: Chief Legal Officer and GC	C/O SS&C TECHNOLOGIES HOLDINGS, INC., 4 TIMES SQUARE, NEW YORK NY 10036
Michael E Daniels	director	TYCO, 9 ROSZEL ROAD, PRINCETON NJ 08540
Smita Conjeevaram	director	70 HERETOLD ROAD, BRONXVILLE NY 17708
Michael Jay Zamkow	director	27 KENSINGTON SQUARE, LONDON X0 06095
Paul Gerard Igoe	officer: Sr. VP & General Counsel	LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
William A Etherington	director	CANADIAN IMPERIAL BANK OF COMMERCE, 199 BAY STREET - SUITE 4460, TORONTO A6 M5L 1A2
Tc Group Iv, L.p.	10 percent owner	1001 PENNSYLVANIA AVENUE, N.W., SUITE 200 SOUTH, WASHINGTON DC 20004
Whitman Stephen V R	officer: SVP and General Counsel	SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095