Ocwen Financial (Ocwen Financial) Days Sales Outstanding

: 47.09 (As of Dec. 2023)

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Ocwen Financial's average Accounts Receivable for the three months ended in Dec. 2023 was $152 Mil. Ocwen Financial's Revenue for the three months ended in Dec. 2023 was $295 Mil. Hence, Ocwen Financial's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.09.

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

OCN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.46 Med: 63.12 Max: 71.23
Current: 54.37

During the past 13 years, Ocwen Financial's highest Days Sales Outstanding was 71.23. The lowest was 21.46. And the median was 63.12.

OCN's Days Sales Outstanding is ranked worse than
56.67% of 30 companies
in the Banks industry
Industry Median: 46.55 vs OCN: 54.37

Ocwen Financial's Days Sales Outstanding declined from Dec. 2022 (60.74) to Dec. 2023 (47.09).

Ocwen Financial Days Sales Outstanding Historical Data

The historical data trend for Ocwen Financial'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.

Ocwen Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

64.56

71.23

55.42

61.90

52.19

Ocwen Financial 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																60.74	60.97	57.73	54.26	47.09

Competitive Comparison

For the Mortgage Finance subindustry, Ocwen Financial'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.

Ocwen Financial Days Sales Outstanding Distribution

For the Banks industry and Financial Services sector, Ocwen Financial's Days Sales Outstanding distribution charts can be found below:

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

Ocwen Financial 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.

Ocwen Financial'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
=	( (178.1	+	149.2)	/	2 )	/	1144.6	*	365
=	163.65					/	1144.6	*	365
=	52.19

Ocwen Financial'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
=	( (155.4	+	149.2)	/	2 )	/	295.1	*	365 / 4
=	152.3					/	295.1	*	365 / 4
=	47.09

Ocwen Financial (NYSE:OCN) Days Sales Outstanding Explanation

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

Ocwen Financial Days Sales Outstanding Related Terms

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Ocwen Financial (Ocwen Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ocwen Financial Corp (NYSE:OCN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409

Website

https://www.ocwen.com

Ocwen Financial Corp is a financial service company that services and originates loans. Its business segment includes Servicing and Lending. Servicing segment provides residential and commercial mortgage loan servicing, special servicing and asset management services. Lending segment originates and purchases conventional and government-insured residential forward and reverse mortgage loans mainly through correspondent lending arrangements, broker relationships and directly with mortgage customers. The company generates a majority of its revenue from the Servicing segment. Geographically, it generates a majority of its revenue from the United States.

Executives

Jenna D. Evans	officer: Chief Risk & Compliance	1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Sean Bradley O'neil	officer: EVP & Chief Financial Officer	1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Jacques J Busquet	director	C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Jenne K Britell	director	100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Phyllis R Caldwell	director	AMERICAN CAPITAL, LTD., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Glen A. Messina	director, officer: President and CEO	3000 LEADENHALL ROAD, MOUNT LAUREL NJ 08054
Dennis Zeleny	officer: Chief Administrative Officer	1818 MARKET STREET, SUITE 1500, PHILADELPHIA PA 19103-7583
Aaron D Wade	officer: EVP, Capital Markets	1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
George T. Henley	officer: EVP & Chief Growth Officer	C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON ROAD, SUITE 100, WEST PALM BEACH FL 33409
Soaries Deforest B. Jr.	director	C/O INDEPENDENCE REALTY TRUST, 1835 MARKET STREET, SUITE 2601, PHILADELPHIA PA 19103
Joseph B Long	officer: EVP, Capital Markets	C/O EVERBANK FINANCIAL CORP, 501 RIVERSIDE AVENUE, JACKSONVILLE FL 32202
Kevin Stein	director	3000 LEADENHALL RD., MAILSTOP PCLG, MOUNT LAUREL NJ 08054
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Scott Edward Burg	10 percent owner	1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
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