Redfin (FRA:R6G) Days Sales Outstanding : 22.61 (As of Dec. 2023)

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What is Redfin Days Sales Outstanding?

Redfin's average Accounts Receivable for the three months ended in Dec. 2023 was €50 Mil. Redfin's Revenue for the three months ended in Dec. 2023 was €200 Mil. Hence, Redfin's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.61.

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

FRA:R6G' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9 Med: 18.33 Max: 21.43
Current: 18.05

During the past 10 years, Redfin's highest Days Sales Outstanding was 21.43. The lowest was 9.00. And the median was 18.33.

FRA:R6G's Days Sales Outstanding is ranked better than
64.98% of 1665 companies
in the Real Estate industry
Industry Median: 36.82 vs FRA:R6G: 18.05

Redfin's Days Sales Outstanding declined from Dec. 2022 (30.72) to Dec. 2023 (22.61).

Redfin Days Sales Outstanding Historical Data

The historical data trend for Redfin'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.

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Redfin Days Sales Outstanding Chart

Redfin Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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9.00

15.60

20.76

18.53

18.59

Redfin 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	Get a 7-Day Free Trial															30.72	13.31	19.28	20.67	22.61

Competitive Comparison of Redfin's Days Sales Outstanding

For the Real Estate Services subindustry, Redfin'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.

Redfin's Days Sales Outstanding Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Redfin's Days Sales Outstanding distribution charts can be found below:

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

Redfin 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.

Redfin'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
=	( (43.778	+	47.444)	/	2 )	/	895.608	*	365
=	45.611					/	895.608	*	365
=	18.59

Redfin'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
=	( (51.646	+	47.444)	/	2 )	/	199.977	*	365 / 4
=	49.545					/	199.977	*	365 / 4
=	22.61

Redfin (FRA:R6G) Days Sales Outstanding Explanation

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

Redfin Days Sales Outstanding Related Terms

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

Redfin (FRA:R6G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redfin Corp (FRA:R6G) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RDFN:USA R6G:Germany R2DF34:Brazil

Address

1099 Stewart Street, Suite 600, Seattle, WA, USA, 98101

Website

https://www.redfin.com

Redfin Corp is a residential real estate broker. It pairs their own agents with the technology to create a service that is faster and costs less. The company meet customers through listings-search website and mobile application. The company uses same combination of technology and local service to originate mortgage loans and offer title and settlement services. It has four reportable segment which are real estate services, properties, rentals, and mortgage. The company generates majority of the revenue from Real estate services.

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