Clear Secure (Clear Secure) Days Sales Outstanding

: 0.34 (As of Dec. 2023)

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Clear Secure's average Accounts Receivable for the three months ended in Dec. 2023 was $0.6 Mil. Clear Secure's Revenue for the three months ended in Dec. 2023 was $171.0 Mil. Hence, Clear Secure's Days Sales Outstanding for the three months ended in Dec. 2023 was 0.34.

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

YOU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.5 Med: 2.11 Max: 4.49
Current: 0.51

During the past 5 years, Clear Secure's highest Days Sales Outstanding was 4.49. The lowest was 0.50. And the median was 2.11.

YOU's Days Sales Outstanding is ranked better than
99.85% of 2725 companies
in the Software industry
Industry Median: 62.18 vs YOU: 0.51

Clear Secure's Days Sales Outstanding declined from Dec. 2022 (1.16) to Dec. 2023 (0.34).

Clear Secure Days Sales Outstanding Historical Data

The historical data trend for Clear Secure'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.

Clear Secure Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

2.11

1.60

4.49

2.71

0.50

Clear Secure Quarterly Data
	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												1.16	0.73	0.58	0.47	0.34

Competitive Comparison

For the Software - Application subindustry, Clear Secure'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.

Clear Secure Days Sales Outstanding Distribution

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

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

Clear Secure 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.

Clear Secure'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
=	( (1.169	+	0.526)	/	2 )	/	613.579	*	365
=	0.8475					/	613.579	*	365
=	0.50

Clear Secure'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
=	( (0.736	+	0.526)	/	2 )	/	170.965	*	365 / 4
=	0.631					/	170.965	*	365 / 4
=	0.34

Clear Secure (NYSE:YOU) Days Sales Outstanding Explanation

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

Clear Secure Days Sales Outstanding Related Terms

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Clear Secure (Clear Secure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clear Secure Inc (NYSE:YOU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 10th Avenue, 9th Floor, New York, NY, USA, 10011

Website

https://www.clearme.com

Clear Secure Inc is involved in the creation of a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports which helps to make the travel experience safe and easy.

Executives

Durable Capital Partners Lp	10 percent owner	4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
Shawn Henry	director	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Jonathan J. Feldman	officer: EVP, Powered by CLEAR	85 10TH AVE., 9TH FLOOR, NEW YORK NY 10011
Kasra Moshkani	officer: EVP, Operations	85 10TH AVE., 9TH FLOOR, NEW YORK NY 10022
Patterson Richard N. Jr.	officer: Chief Info Sec. Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Jeffery H Boyd	director	C/O ASPEN GROVE CAPITAL, LLC, PO BOX 9389, AVON CO 81620
General Atlantic Partners Aiv (ac), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p.	10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gapco Aiv Interholdco (ac), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Matthew Levine	officer: GC & Chief Privacy Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Kenneth L. Cornick	director, 10 percent owner, officer: President & CFO	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments Ii, Llc	director, 10 percent owner, other: See Remarks	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments, Llc	director, 10 percent owner, other: See Remarks	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Dennis W. Liu	officer: Chief Accounting Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
General Atlantic (alc), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055