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ONIT (Onity Group) Days Sales Outstanding : 57.79 (As of Dec. 2024)


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What is Onity Group Days Sales Outstanding?

Onity Group's average Accounts Receivable for the three months ended in Dec. 2024 was $161 Mil. Onity Group's Revenue for the three months ended in Dec. 2024 was $254 Mil. Hence, Onity Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 57.79.

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

ONIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.54   Med: 63.12   Max: 71.23
Current: 51.57

During the past 13 years, Onity Group's highest Days Sales Outstanding was 71.23. The lowest was 36.54. And the median was 63.12.

ONIT's Days Sales Outstanding is ranked worse than
64.86% of 37 companies
in the Banks industry
Industry Median: 26.27 vs ONIT: 51.57

Onity Group's Days Sales Outstanding increased from Dec. 2023 (47.09) to Dec. 2024 (57.79).


Onity Group Days Sales Outstanding Historical Data

The historical data trend for Onity Group'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.

Onity Group Days Sales Outstanding Chart

Onity Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 71.23 55.42 61.90 52.19 53.18

Onity Group 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 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 47.09 52.08 48.36 47.18 57.79

Competitive Comparison of Onity Group's Days Sales Outstanding

For the Mortgage Finance subindustry, Onity Group'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.


Onity Group's Days Sales Outstanding Distribution in the Banks Industry

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

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



Onity Group 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.

Onity Group'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
=( (149.2 + 162.4) / 2 ) / 1069.3*365
=155.8 / 1069.3*365
=53.18

Onity Group'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
=( (158.8 + 162.4) / 2 ) / 253.6*365 / 4
=160.6 / 253.6*365 / 4
=57.79

* 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.


Onity Group  (NYSE:ONIT) Days Sales Outstanding Explanation

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


Onity Group Days Sales Outstanding Related Terms

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Onity Group Business Description

Traded in Other Exchanges
Address
1661 Worthington Road, Suite 100, West Palm Beach, FL, USA, 33409
Onity Group Inc is a non-bank mortgage servicer and originator providing solutions through its brands, PHH Mortgage and Liberty Reverse Mortgage. PHH Mortgage is one of the servicers in the country, focused on delivering a variety of servicing and lending programs. Liberty is one of the nation's reverse mortgage lenders dedicated to education and providing loans that help customers meet their personal and financial needs.
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
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487