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Shopify Days Sales Outstanding

: 20.20 (As of Dec. 2020)
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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.

NYSE:SHOP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.91   Med: 20.38   Max: 30.17
Current: 26
2.91
30.17

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 than
87% of the 2221 Companies
in the Software industry.

( Industry Median: 62.39 vs. NYSE:SHOP: 26.00 )

Shopify's days sales outstanding declined from Dec. 2019 (23.57) to Dec. 2020 (20.20).

Shopify Days Sales Outstanding Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Shopify Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.79 29.37 29.61 30.17 26.97

Shopify Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
Days Sales Outstanding 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 Premium Member Only Premium Member Only Premium Member Only 23.57 33.05 19.55 26.84 20.20
Competitive Comparison
* 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.

Shopify Days Sales Outstanding Distribution

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


Shopify Days Sales Outstanding Calculation

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.

Shopify  (NYSE:SHOP) Days Sales Outstanding Explanation

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

Shopify Days Sales Outstanding Related Terms

Shopify Days Sales Outstanding Headlines

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