SpringBig Holdings (SpringBig Holdings) Days Sales Outstanding : 54.23 (As of Mar. 2024)

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What is SpringBig Holdings Days Sales Outstanding?

SpringBig Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $3.85 Mil. SpringBig Holdings's Revenue for the three months ended in Mar. 2024 was $6.47 Mil. Hence, SpringBig Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 54.23.

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

SBIG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.76 Med: 39.29 Max: 58.87
Current: 58.87

During the past 5 years, SpringBig Holdings's highest Days Sales Outstanding was 58.87. The lowest was 19.76. And the median was 39.29.

SBIG's Days Sales Outstanding is ranked better than
53.71% of 2737 companies
in the Software industry
Industry Median: 61.81 vs SBIG: 58.87

SpringBig Holdings's Days Sales Outstanding increased from Mar. 2023 (49.00) to Mar. 2024 (54.23).

SpringBig Holdings Days Sales Outstanding Historical Data

The historical data trend for SpringBig Holdings'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.

SpringBig Holdings Days Sales Outstanding Chart

SpringBig Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

39.29

19.76

27.83

42.32

47.68

SpringBig Holdings Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial									49.00	57.10	68.40	60.71	54.23

Competitive Comparison of SpringBig Holdings's Days Sales Outstanding

For the Software - Application subindustry, SpringBig Holdings'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.

SpringBig Holdings's Days Sales Outstanding Distribution in the Software Industry

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

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

SpringBig Holdings 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.

SpringBig Holdings'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
=	( (3.639	+	3.69)	/	2 )	/	28.05	*	365
=	3.6645					/	28.05	*	365
=	47.68

SpringBig Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (3.69	+	4.005)	/	2 )	/	6.474	*	365 / 4
=	3.8475					/	6.474	*	365 / 4
=	54.23

SpringBig Holdings (OTCPK:SBIG) Days Sales Outstanding Explanation

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

SpringBig Holdings Days Sales Outstanding Related Terms

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SpringBig Holdings (SpringBig Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SpringBig Holdings Inc (OTCPK:SBIG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

621 North West 53rd Street, Suite 250, Boca Raton, FL, USA, 33487

Website

https://www.springbig.com

SpringBig Holdings Inc is a software platform providing customer loyalty and marketing automation solutions to cannabis retailers and brands in the U.S. and Canada. The company's platform connects consumers with retailers and brands, through SMS marketing, emails, customer feedback system, and loyalty programs, to support retailers' and brands' customer engagement and retention.

Executives

Paul Sykes	officer: Chief Financial Officer	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Jeffrey Todd Harris	director, 10 percent owner, officer: Chief Executive Officer	621 NW 53RD STREET, SUITE 260, BOCA RATON FL 33487
Steven E Bernstein	director	C/O SBA COMMUNICATIONS CORP, ONE TOWN CENTER ROAD - THIRD FLOOR, BOCO RATON FL 83486
Jonathan Trauben	director	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Patricia Glassford	director	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Philip Schwarz	director	C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Tuatara Capital Fund Ii, L.p.	10 percent owner	12 EAST 44TH STREET, 8FL, NEW YORK NY 10017
Medici Holdings V, Inc.	10 percent owner	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Amanda Lannert	director	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Navin Anand	officer: Chief Technology Officer	621 NW 53RD STREET, SUITE 250, BOCA RATON FL 33487
Tcac Sponsor, Llc	10 percent owner	TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Mark Zittman	director, officer: Chief Operating Officer	TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Sergey Sherman	officer: Chief Financial Officer	TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Albert John Foreman	director, officer: Chief Executive Officer	TUATARA CAPITAL, L.P., 655 THIRD AVENUE, 8TH FL, NEW YORK NY 10017
Aris Kekedjian	director	655 THIRD AVENUE, 8TH FLOOR, 10017 NY 10017