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Squarespace (Squarespace) Days Sales Outstanding : 8.96 (As of Mar. 2024)


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What is Squarespace Days Sales Outstanding?

Squarespace's average Accounts Receivable for the three months ended in Mar. 2024 was $28 Mil. Squarespace's Revenue for the three months ended in Mar. 2024 was $281 Mil. Hence, Squarespace's Days Sales Outstanding for the three months ended in Mar. 2024 was 8.96.

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

SQSP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.44   Med: 3.6   Max: 6.79
Current: 6.79

During the past 5 years, Squarespace's highest Days Sales Outstanding was 6.79. The lowest was 3.44. And the median was 3.60.

SQSP's Days Sales Outstanding is ranked better than
96.99% of 2728 companies
in the Software industry
Industry Median: 61.85 vs SQSP: 6.79

Squarespace's Days Sales Outstanding increased from Mar. 2023 (4.25) to Mar. 2024 (8.96).


Squarespace Days Sales Outstanding Historical Data

The historical data trend for Squarespace'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.

Squarespace Days Sales Outstanding Chart

Squarespace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
3.44 3.55 3.60 3.94 6.43

Squarespace Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.25 3.89 5.63 7.90 8.96

Competitive Comparison of Squarespace's Days Sales Outstanding

For the Software - Infrastructure subindustry, Squarespace'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.


Squarespace's Days Sales Outstanding Distribution in the Software Industry

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

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



Squarespace 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.

Squarespace'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
=( (10.748 + 24.894) / 2 ) / 1012.336*365
=17.821 / 1012.336*365
=6.43

Squarespace'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
=( (24.894 + 30.297) / 2 ) / 281.148*365 / 4
=27.5955 / 281.148*365 / 4
=8.96

* 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.


Squarespace  (NYSE:SQSP) Days Sales Outstanding Explanation

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


Squarespace Days Sales Outstanding Related Terms

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


Squarespace (Squarespace) Business Description

Traded in Other Exchanges
Address
225 Varick Street, 12th Floor, New York, NY, USA, 10014
Squarespace is a provider of subscription-based website-building software and hosting services primarily servicing entrepreneurs and micro businesses. The company offers a range of add-on and standalone tools, including scheduling functionality, email marketing, member areas for paid content, and design tools for social media and video content. Following the 2021 acquisition of Tock, Squarespace has expanded into servicing hospitality customers with reservation, take-out, and event management software.
Executives
Anthony Casalena director, 10 percent owner, officer: Chief Executive Officer C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Nathan Gooden officer: Chief Financial Officer C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
O'connor Courtenay officer: General Counsel and Secretary C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
General Atlantic (sqrs) Lp director, 10 percent owner 55 EAST 52ND STREET, FLOOR 33, NEW YORK NY 10055
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Paul Gubbay officer: Chief Product Officer C/O SQUARESPACE, INC., 225 VARICK STREET, 12TH FLOOR, NEW YORK NY 10014
Jonathan D Klein director C/O GETTY IMAGES, INC., 601 N 34TH ST, SEATTLE WA 98103
Index Venture Growth Associates I Ltd 10 percent owner 5TH FLOOR, 44 ESPLANADE, ST HELIER, CHANNEL ISLANDS Y9 JE1 3FG
Index Ventures Growth I Parallel Entrepreneur Fund (jersey) L.p. 10 percent owner NO.1 SEATON PLACE, ST. HELIER, JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
Neela Montgomery director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Liza Landsman director 1 CHOICE HOTELS CIRCLE, ROCKVILLE MD 20850
Anton J Levy director 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Index Ventures Growth I (jersey) L.p. 10 percent owner NO.1 SEATON PLACE, ST. HELIER, JERSEY (CHANNEL ISLANDS) XX JE4 8YJ
(jersey) Slp Yucca 10 percent owner NO. 1 SEATON PLACE, ST. HELIER Y9 Y9 JE48YJ
General Atlantic (spv) Gp, Llc director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055