Binah Capital Group (Binah Capital Group) Days Sales Outstanding : 19.04 (As of Dec. 2023)

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What is Binah Capital Group Days Sales Outstanding?

Binah Capital Group's average Accounts Receivable for the three months ended in Dec. 2023 was $8.23 Mil. Binah Capital Group's Revenue for the three months ended in Dec. 2023 was $39.41 Mil. Hence, Binah Capital Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.04.

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

BCG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.45 Med: 18.84 Max: 36.7
Current: 36.7

During the past 4 years, Binah Capital Group's highest Days Sales Outstanding was 36.70. The lowest was 18.45. And the median was 18.84.

BCG's Days Sales Outstanding is ranked better than
62.35% of 510 companies
in the Asset Management industry
Industry Median: 49.44 vs BCG: 36.70

Binah Capital Group's Days Sales Outstanding declined from Sep. 2022 (19.48) to Dec. 2023 (19.04).

Binah Capital Group Days Sales Outstanding Historical Data

The historical data trend for Binah Capital 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.

Binah Capital Group Days Sales Outstanding Chart

Binah Capital Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

25.90

19.06

18.61

18.45

Binah Capital Group Quarterly Data
	Dec20	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				19.48	17.65	-	18.00	19.04

Competitive Comparison of Binah Capital Group's Days Sales Outstanding

For the Asset Management subindustry, Binah Capital 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.

Binah Capital Group's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Binah Capital Group's Days Sales Outstanding distribution charts can be found below:

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

Binah Capital 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.

Binah Capital Group'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
=	( (7.944	+	8.22)	/	2 )	/	159.859	*	365
=	8.082					/	159.859	*	365
=	18.45

Binah Capital Group'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
=	( (8.231	+	8.22)	/	2 )	/	39.413	*	365 / 4
=	8.2255					/	39.413	*	365 / 4
=	19.04

Binah Capital Group (NAS:BCG) Days Sales Outstanding Explanation

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

Binah Capital Group Days Sales Outstanding Related Terms

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Binah Capital Group (Binah Capital Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Binah Capital Group Inc (NAS:BCG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Cowboys Way, Suite 490, Frisco, TX, USA, 75034

Website

https://www.wentworthms.com

Wentworth Management Services LLC is a holding company that acquires and manages businesses in the wealth management industry. The company specializes in consolidating independent broker-dealers to capture economies of scale needed to service financial advisors in today's technology-enabled regulatory environment. Wentworth's core philosophy focuses on building long-term, productive relationships with its advisor base.

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