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TechTarget (TechTarget) Days Sales Outstanding : 65.76 (As of Dec. 2023)


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What is TechTarget Days Sales Outstanding?

TechTarget's average Accounts Receivable for the three months ended in Dec. 2023 was $41.3 Mil. TechTarget's Revenue for the three months ended in Dec. 2023 was $57.3 Mil. Hence, TechTarget's Days Sales Outstanding for the three months ended in Dec. 2023 was 65.76.

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

TTGT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 63.24   Med: 80.12   Max: 89.71
Current: 77.87

During the past 13 years, TechTarget's highest Days Sales Outstanding was 89.71. The lowest was 63.24. And the median was 80.12.

TTGT's Days Sales Outstanding is ranked worse than
78.71% of 573 companies
in the Interactive Media industry
Industry Median: 45.54 vs TTGT: 77.87

TechTarget's Days Sales Outstanding declined from Dec. 2022 (75.64) to Dec. 2023 (65.76).


TechTarget Days Sales Outstanding Historical Data

The historical data trend for TechTarget'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.

TechTarget Days Sales Outstanding Chart

TechTarget 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 77.85 82.76 63.24 68.37 79.04

TechTarget 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 75.64 89.26 79.93 75.34 65.76

Competitive Comparison of TechTarget's Days Sales Outstanding

For the Internet Content & Information subindustry, TechTarget'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.


TechTarget's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, TechTarget's Days Sales Outstanding distribution charts can be found below:

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



TechTarget 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.

TechTarget'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
=( (60.359 + 39.239) / 2 ) / 229.963*365
=49.799 / 229.963*365
=79.04

TechTarget'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
=( (43.342 + 39.239) / 2 ) / 57.292*365 / 4
=41.2905 / 57.292*365 / 4
=65.76

* 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.


TechTarget  (NAS:TTGT) Days Sales Outstanding Explanation

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


TechTarget Days Sales Outstanding Related Terms

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TechTarget (TechTarget) Business Description

Traded in Other Exchanges
Address
275 Grove Street, Newton, MA, USA, 02466
TechTarget Inc is a global data, software and analytics leader for purchase intent-driven marketing and sales data which delivers business impact for business-to-business ("B2B") companies. The company solutions are designed to enable B2B technology companies to identify, reach, and influence key enterprise technology decision makers faster and with higher efficacy. Geographically, it derives a majority of revenue North America. Some of its products include Priority Engine; Lead Generation and others.
Executives
Rebecca Kitchens officer: President 7 APPLE ROCK RD, MILLIS MA 02054
Steven Niemiec officer: Chief Operating Officer & CRO 46 FARM STREET, DOVER MA 02030
Daniel T Noreck officer: Chief Financial Officer 75 HAMMOND STREET, WORCESTER MA 01610
Michael Cotoia officer: Executive Vice President C/O TECHTARGET, INC., 275 GROVE STREET, NEWTON MA 02466
Don Hawk officer: President C/O TECHTARGET, INC., 117 KENDRICK STREET, SUITE 800, NEEDHAM MA 02494
Perfecto Sanchez director 153 DIEHL ROAD, CALLICOON NY 12723
Roger M Marino director 115 ALKE STREET, SHERBORN MA 01770
Greg Strakosch director, officer: Chief Executive Officer C/O TECHTARGET, INC., 117 KENDRICK STREET, SUITE 800, NEEDHAM MA 02494
Bruce Levenson director, 10 percent owner C/O UNITED COMMUNICATIONS GROUP, 11300 ROCKVILLE PIKE, SUITE 1100, ROCKVILLE MD 20852
Houten Christina Van director C/O MIMECAST LTD., MIMECAST NA, INC., 191 SPRING STREET, LEXINGTON MA 02421
Kevin Beam officer: Executive Vice President C/O TECHTARGET, INC., 117 KENDRICK STREET, SUITE 800, NEEDHAM MA 02494
Leonard P Forman director C/O THE NEW YORK TIMES CO, 229 WEST 43RD ST, NEW YORK NY 10036
Nine Ten Partners Lp 10 percent owner 1603 ORRINGTON AVENUE, SUITE 1650, EVANSTON IL 60201
Russell Chad Mollen 10 percent owner 12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN TX 78738
James Shel Bradshaw 10 percent owner 12600 HILL COUNTRY BLVD, SUITE R-230, AUSTIN TX 78738