The Trade Desk (XTER:TT8) Receivables Turnover : 0.18 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is The Trade Desk Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. The Trade Desk's Revenue for the three months ended in Mar. 2024 was €452 Mil. The Trade Desk's average Accounts Receivable for the three months ended in Mar. 2024 was €2,521 Mil. Hence, The Trade Desk's Receivables Turnover for the three months ended in Mar. 2024 was 0.18.

The Trade Desk Receivables Turnover Historical Data

The historical data trend for The Trade Desk's Receivables Turnover 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.

The Trade Desk Receivables Turnover Chart

The Trade Desk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

0.67

0.58

0.69

0.74

The Trade Desk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.17	0.21	0.21	0.23	0.18

Competitive Comparison of The Trade Desk's Receivables Turnover

For the Software - Application subindustry, The Trade Desk's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

The Trade Desk's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, The Trade Desk's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where The Trade Desk's Receivables Turnover falls into.

The Trade Desk Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

The Trade Desk's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	1784.592	/ (	(2215.752	+	2632.077)	/	2 )
=	1784.592	/	2423.9145
=	0.74

The Trade Desk's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	451.953	/ (	(2632.077	+	2409.738)	/	2 )
=	451.953	/	2520.9075
=	0.18

The Trade Desk (XTER:TT8) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

The Trade Desk Receivables Turnover Related Terms

Thank you for viewing the detailed overview of The Trade Desk's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

The Trade Desk (XTER:TT8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Trade Desk Inc (XTER:TT8) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

TTD:USA TTD:Mexico TT8:Germany TT8:Germany T2TD34:Brazil

Address

42 N. Chestnut Street, Ventura, CA, USA, 93001

Website

https://www.thetradedesk.com

The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

The Trade Desk (XTER:TT8) Headlines

No Headlines