Remitly Days Sales Outstanding from 2010 to 2024

RELY Stock  USD 20.74  0.62  2.90%   
Remitly Global Days Sales Outstanding yearly trend continues to be fairly stable with very little volatility. Days Sales Outstanding is likely to outpace its year average in 2024. During the period from 2010 to 2024, Remitly Global Days Sales Outstanding regression line of annual values had r-squared of  0.34 and arithmetic mean of  72.35. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
154.36192993
Current Value
162.08
Quarterly Volatility
44.64668769
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Remitly Global financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Remitly Global's main balance sheet or income statement drivers, such as Depreciation And Amortization of 12.5 M, Interest Expense of 2.2 M or Total Revenue of 558.5 M, as well as many indicators such as Price To Sales Ratio of 3.53, Dividend Yield of 0.0 or PTB Ratio of 6.3. Remitly financial statements analysis is a perfect complement when working with Remitly Global Valuation or Volatility modules.
  
Check out the analysis of Remitly Global Correlation against competitors.
For more information on how to buy Remitly Stock please use our How to Invest in Remitly Global guide.

Latest Remitly Global's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Remitly Global over the last few years. It is Remitly Global's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Remitly Global's overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Slightly volatile
   Days Sales Outstanding   
       Timeline  

Remitly Days Sales Outstanding Regression Statistics

Arithmetic Mean72.35
Geometric Mean60.08
Coefficient Of Variation61.71
Mean Deviation35.89
Median72.06
Standard Deviation44.65
Sample Variance1,993
Range137
R-Value0.58
Mean Square Error1,417
R-Squared0.34
Significance0.02
Slope5.82
Total Sum of Squares27,907

Remitly Days Sales Outstanding History

2024 162.08
2023 154.36
2022 106.89
2021 53.5
2020 72.06
2018 85.14
2017 33.21

About Remitly Global Financial Statements

Remitly Global investors use historical fundamental indicators, such as Remitly Global's Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Remitly Global. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Days Sales Outstanding 154.36  162.08 

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Additional Tools for Remitly Stock Analysis

When running Remitly Global's price analysis, check to measure Remitly Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Remitly Global is operating at the current time. Most of Remitly Global's value examination focuses on studying past and present price action to predict the probability of Remitly Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Remitly Global's price. Additionally, you may evaluate how the addition of Remitly Global to your portfolios can decrease your overall portfolio volatility.