CARG (CarGurus) Days Sales Outstanding : 17.73 (As of Dec. 2024)

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What is CarGurus Days Sales Outstanding?

CarGurus's average Accounts Receivable for the three months ended in Dec. 2024 was $44.4 Mil. CarGurus's Revenue for the three months ended in Dec. 2024 was $228.5 Mil. Hence, CarGurus's Days Sales Outstanding for the three months ended in Dec. 2024 was 17.73.

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

CARG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.53 Med: 15.27 Max: 39.82
Current: 17.37

During the past 10 years, CarGurus's highest Days Sales Outstanding was 39.82. The lowest was 10.53. And the median was 15.27.

CARG's Days Sales Outstanding is ranked better than
88.6% of 1290 companies
in the Vehicles & Parts industry
Industry Median: 60.265 vs CARG: 17.37

CarGurus's Days Sales Outstanding increased from Dec. 2023 (17.60) to Dec. 2024 (17.73).

CarGurus Days Sales Outstanding Historical Data

The historical data trend for CarGurus'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.

CarGurus Days Sales Outstanding Chart

CarGurus Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

Get a 7-Day Free Trial

13.36

39.82

26.04

17.32

17.18

CarGurus Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Sales Outstanding	Get a 7-Day Free Trial															17.60	17.82	17.54	16.62	17.73

Competitive Comparison of CarGurus's Days Sales Outstanding

For the Auto & Truck Dealerships subindustry, CarGurus'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.

CarGurus's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CarGurus's Days Sales Outstanding distribution charts can be found below:

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

CarGurus 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.

CarGurus's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (39.963	+	44.248)	/	2 )	/	894.384	*	365
=	42.1055					/	894.384	*	365
=	17.18

CarGurus's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (44.542	+	44.248)	/	2 )	/	228.538	*	365 / 4
=	44.395					/	228.538	*	365 / 4
=	17.73

CarGurus (NAS:CARG) Days Sales Outstanding Explanation

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

CarGurus Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of CarGurus's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

CarGurus Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » CarGurus Inc (NAS:CARG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 Boylston Street, 16th Floor, Boston, MA, USA, 02115

Website

https://www.cargurus.com

CarGurus Inc is a company that acts as an online automotive marketplace connecting buyers and sellers of new and used cars. The company provides three types of marketplace Listing products, Restricted Listings, and Enhanced or Featured Listings, through which it offers real-time and historical data analyzing the connections and pricing analysis. The listing platforms offer auto manufacturers and others to buy advertising on the company's site and target consumers based on the make, model, and zip code of the cars. The company operates through two segments, namely U.S. Marketplace and Digital Wholesale. It generates maximum revenue from the U.S. Marketplace segment. Geographically, the company derives its key revenue from the United States and the rest from international markets.

Executives

Langley Steinert	director, 10 percent owner, officer: CEO, President and Chairman	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FLOOR, CAMBRIDGE MA 02141
Samuel Zales	officer: Chief Operating Officer	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FL., CAMBRIDGE MA 02141
Jason Trevisan	officer: CFO and Treasurer	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FL., CAMBRIDGE MA 02141
Matthew Todd Quinn	officer: Chief Technology Officer	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FLOOR, CAMBRIDGE MA 02141
Dafna Sarnoff	officer: Chief Marketing Officer	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FLOOR, CAMBRIDGE MA 02141
Greg M Schwartz	director	C/O ZILLOW GROUP, INC., 1301 SECOND AVENUE, FLOOR 31, SEATTLE WA 98101
Javier Esquivel Zamora	officer: General Counsel and Secretary	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FLOOR, CAMBRIDGE MA 02141
Andrea Lee Eldridge	officer: Chief People Officer	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FLOOR, CAMBRIDGE MA 02141
Manik Gupta	director	1999 SCOTT LN, LOS ALTOS CA 94024
Scot Christopher Fredo	officer: CFO and Treasurer	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FLOOR, CAMBRIDGE MA 02141
Thomas Michael Caputo	officer: Sr. VP, Product	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FL., CAMBRIDGE MA 02141
Yann Bruno Gellot	officer: VP, Finance & Accounting (PAO)	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FLOOR, CAMBRIDGE MA 02141
Kathleen Bender Patton	officer: Sr. VP, GC and Secretary	2 CANAL PARK, 4TH FLOOR, CAMBRIDGE MA 02141
Sarah Amory Welch	officer: Sr. VP, Consumer Marketing	C/O CARGURUS, INC., 2 CANAL PARK, 4TH FL., CAMBRIDGE MA 02141
Anastasios Parafestas	director, 10 percent owner	C/O THE BOLLARD GROUP LLC, ONE JOY STREET, BOSTON MA 02108