Grindr (Grindr) Days Sales Outstanding

: 41.91 (As of Dec. 2023)

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Grindr's average Accounts Receivable for the three months ended in Dec. 2023 was $33.1 Mil. Grindr's Revenue for the three months ended in Dec. 2023 was $72.1 Mil. Hence, Grindr's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.91.

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

GRND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.19 Med: 37.73 Max: 41.59
Current: 41.59

During the past 5 years, Grindr's highest Days Sales Outstanding was 41.59. The lowest was 37.19. And the median was 37.73.

GRND's Days Sales Outstanding is ranked better than
75.7% of 2724 companies
in the Software industry
Industry Median: 62.27 vs GRND: 41.59

Grindr's Days Sales Outstanding increased from Dec. 2022 (37.54) to Dec. 2023 (41.91).

Grindr Days Sales Outstanding Historical Data

The historical data trend for Grindr'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.

Grindr Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

37.19

37.73

39.59

Grindr Quarterly Data
	Dec19	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding								37.54	41.68	43.97	40.95	41.91

Competitive Comparison

For the Software - Application subindustry, Grindr'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.

Grindr Days Sales Outstanding Distribution

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

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

Grindr 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.

Grindr'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
=	( (22.435	+	33.906)	/	2 )	/	259.691	*	365
=	28.1705					/	259.691	*	365
=	39.59

Grindr'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
=	( (32.311	+	33.906)	/	2 )	/	72.086	*	365 / 4
=	33.1085					/	72.086	*	365 / 4
=	41.91

Grindr (NYSE:GRND) Days Sales Outstanding Explanation

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

Grindr Days Sales Outstanding Related Terms

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Grindr (Grindr) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grindr Inc (NYSE:GRND) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

750 N. San Vincente Boulevard, Suite RE 1400, PO Box 69176750, West Hollywood, CA, USA, 90069

Website

https://www.grindr.com

Grindr Inc is a social networking app for gay, bi, trans, and queer people. It is a social network that brings together gay and bisexual men who want to meet other men close to them in a completely discreet and anonymous way, without having to give any personal information or having to fill out a profile with confidential information in order to register.

Executives

George Arison	director, officer: Chief Executive Officer	3727 LA DONNA AVENUE, PALO ALTO CA 94306
Zage George Raymond Iii	director, 10 percent owner	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04
Kye Chen	officer: Chief Accounting Officer	C/O GRINDR INC., 750 N. SAN VICENTE BLVD., SUITE RE 1400, WEST HOLLYWOOD CA 90069
Carman Wong	other: Former Director of Grindr Inc.	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Maggie Lower	director	5822 NORTH WINTHROP AVENUE, CHICAGO IL 60660
Gary I. Horowitz	director	350 WEST 23RD STREET, APT 6A, NEW YORK NY 10011
Daniel Brooks Baer	director	1443 Q STREET NW, WASHINGTON DC 20009
Meghan Stabler	director	4502 HARVEY PENICK DR, ROUND ROCK TX 78664
Austin J Balance	officer: Chief Product Officer	750 N SAN VICENTE BLVD STE RE1400, WEST HOLLYWOOD CA 90069
Lu James Fu Bin	director, 10 percent owner	C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Ashish Gupta	other: Former Director of Grindr Inc.	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Gearon J Michael Jr	director, 10 percent owner	3350 RIVERWOOD PARKWAY, SUITE 425, ATLANTA GA 30339
Ben Falloon	other: Former Director of Grindr Inc.	C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Vandana Mehta-krantz	officer: Chief Financial Officer	SKILLZ INC., C/O CHARLOTTE EDELMAN, P.O. BOX 445, SAN FRANCISCO CA 94104-0445
David Christopher Ryan	other: Former Director of Grindr Inc.	C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401