Market Cap : 163.97 B | Enterprise Value : 158.47 B | PE Ratio : 507.52 | PB Ratio : 25.43 |
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Shopify's Accounts Receivable for the three months ended in Dec. 2020 was $216 Mil. Shopify's Revenue for the three months ended in Dec. 2020 was $978 Mil. Hence, Shopify's days sales outstanding for the three months ended in Dec. 2020 was 20.20.
During the past 9 years, Shopify's highest Days Sales Outstanding was 30.17. The lowest was 2.91. And the median was 20.38.
NYSE:SHOP's Days Sales Outstanding is ranked higher thanShopify's days sales outstanding declined from Dec. 2019 (23.57) to Dec. 2020 (20.20).
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
* The bar in red indicates where Shopify's Days Sales Outstanding falls into.
Days sales outstanding measures of 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.
Shopify's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as
Days Sales Outstanding | = | Accounts Receivable | / | Revenue | * | Days in Period |
= | 216.473 | / | 2929.491 | * | 365 | |
= | 26.97 |
Shopify's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:
Days Sales Outstanding | = | Accounts Receivable | / | Revenue | * | Days in Period |
= | 216.473 | / | 977.744 | * | 365 / 4 | |
= | 20.20 |
* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
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