UP Fintech Holding (UP Fintech Holding) Days Sales Outstanding : 1,020.72 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is UP Fintech Holding Days Sales Outstanding?

UP Fintech Holding's average Accounts Receivable for the three months ended in Dec. 2023 was $782.8 Mil. UP Fintech Holding's Revenue for the three months ended in Dec. 2023 was $70.0 Mil. Hence, UP Fintech Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 1,020.72.

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

TIGR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.84 Med: 672.88 Max: 1060.3
Current: 1006.46

During the past 8 years, UP Fintech Holding's highest Days Sales Outstanding was 1060.30. The lowest was 3.84. And the median was 672.88.

TIGR's Days Sales Outstanding is ranked worse than
92.29% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs TIGR: 1006.46

UP Fintech Holding's Days Sales Outstanding increased from Dec. 2022 (911.28) to Dec. 2023 (1,020.72).

UP Fintech Holding Days Sales Outstanding Historical Data

The historical data trend for UP Fintech Holding'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.

UP Fintech Holding Days Sales Outstanding Chart

UP Fintech Holding Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

331.22

630.30

715.46

1,060.30

936.28

UP Fintech Holding 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															911.28	975.05	1,068.39	1,031.77	1,020.72

Competitive Comparison of UP Fintech Holding's Days Sales Outstanding

For the Capital Markets subindustry, UP Fintech Holding'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.

UP Fintech Holding's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, UP Fintech Holding's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where UP Fintech Holding's Days Sales Outstanding falls into.

UP Fintech Holding 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.

UP Fintech Holding'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
=	( (644.691	+	753.361)	/	2 )	/	272.508	*	365
=	699.026					/	272.508	*	365
=	936.28

UP Fintech Holding'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
=	( (812.251	+	753.361)	/	2 )	/	69.981	*	365 / 4
=	782.806					/	69.981	*	365 / 4
=	1,020.72

UP Fintech Holding (NAS:TIGR) Days Sales Outstanding Explanation

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

UP Fintech Holding Days Sales Outstanding Related Terms

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

UP Fintech Holding (UP Fintech Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » UP Fintech Holding Ltd (NAS:TIGR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TIGR:Mexico 0A32:UK 1M5:Germany

Address

No. 16 Taiyanggong Middle Road, 18th Floor, Grandyvic Building, No. 1 Building, Chaoyang District, Beijing, CHN, 100020

Website

https://www.itiger.com

UP Fintech Holding Ltd is an online brokerage firm focusing on Chinese investors. Its trading platform enables investors to trade in equities and other financial instruments on multiple exchanges of stocks and other derivatives. The company offers its customers brokerage and value-added services, including trade order placement and execution, margin financing, account management, investor education, community discussion, and customer support. Clients may use Tiger's flagship mobile trading APP, Tiger Trade, to trade equities in The U.S., Hong Kong, Singapore, and Australia as well as futures, options, and funds.