Sterling Check (Sterling Check) Days Sales Outstanding : 73.48 (As of Mar. 2024)

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What is Sterling Check Days Sales Outstanding?

Sterling Check's average Accounts Receivable for the three months ended in Mar. 2024 was $149.8 Mil. Sterling Check's Revenue for the three months ended in Mar. 2024 was $186.0 Mil. Hence, Sterling Check's Days Sales Outstanding for the three months ended in Mar. 2024 was 73.48.

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

STER' s Days Sales Outstanding Range Over the Past 10 Years
Min: 59.14 Med: 63.67 Max: 75.37
Current: 75.37

During the past 5 years, Sterling Check's highest Days Sales Outstanding was 75.37. The lowest was 59.14. And the median was 63.67.

STER's Days Sales Outstanding is ranked worse than
62.21% of 2728 companies
in the Software industry
Industry Median: 61.85 vs STER: 75.37

Sterling Check's Days Sales Outstanding increased from Mar. 2023 (72.97) to Mar. 2024 (73.48).

Sterling Check Days Sales Outstanding Historical Data

The historical data trend for Sterling Check'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.

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Sterling Check Days Sales Outstanding Chart

Sterling Check Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

59.14

64.69

59.23

63.67

71.45

Sterling Check Quarterly Data
	Dec19	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												72.97	71.51	76.61	79.21	73.48

Competitive Comparison of Sterling Check's Days Sales Outstanding

For the Software - Infrastructure subindustry, Sterling Check'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.

Sterling Check's Days Sales Outstanding Distribution in the Software Industry

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

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

Sterling Check 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.

Sterling Check'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
=	( (139.579	+	142.179)	/	2 )	/	719.64	*	365
=	140.879					/	719.64	*	365
=	71.45

Sterling Check'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
=	( (142.179	+	157.392)	/	2 )	/	185.999	*	365 / 4
=	149.7855					/	185.999	*	365 / 4
=	73.48

Sterling Check (NAS:STER) Days Sales Outstanding Explanation

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

Sterling Check Days Sales Outstanding Related Terms

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

Sterling Check (Sterling Check) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sterling Check Corp (NAS:STER) » Definitions » Days Sales Outstanding

Comparable Companies

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Traded in Other Exchanges

N/A

Address

1 State Street Plaza, 24th Floor, New York, NY, USA, 10004

Website

https://www.sterlingcheck.com

Sterling Check Corp is a global provider of technology-enabled background and identity verification services. It offers a hiring and risk management solution that begins with identity verification, followed by criminal background screening, credential verification, drug and health screening, processing of employee documentation required for onboarding, and ongoing risk monitoring. Its services are delivered through a purpose-built, proprietary, cloud-based technology platform that empowers organizations with real-time and data-driven insights to conduct and manage their employment screening programs.

Executives

Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Adrian M Jones	director	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Steven L Barnett	officer: See Remarks	6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Kristin Ann Johnsen	director	6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Villon Bertrand Eric Arnaud	director	STERLING CHECK CORP, 6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
L Frederick Sutherland	director	STERLING CHECKCORP INC., 6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Stonehill Robyn Price	officer: See Remarks	STERLING CHECKCORP INC., 1 STATE STREET PLAZA, NEW YORK NY 10004
Crampton Christopher A.s.	director	85 BROAD STREET, NEW YORK NY 10004
William W Chen	director	STERLING ULTIMATE PARENT CORP., 1 STATE STREET PLAZA, 24TH FLOOR, NEW YORK NY 10004
Mohit Kapoor	director	6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Goldman Sachs & Co. Llc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Ross M Cummings	10 percent owner	STERLING ULTIMATE PARENT CORP., 1 STATE STREET PLAZA, 24TH FLOOR, NEW YORK NY 10004
Broad Street Control Advisors, L.l.c.	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Peter Walker	officer: See Remarks	STERLING CHECKCORP INC., 6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131
Lou Paglia	officer: See Remarks	STERLING CHECKCORP INC, 6150 OAK TREE BOULEVARD, SUITE 490, INDEPENDENCE OH 44131