Stock Analysis on Net
Stock Analysis on Net

CoStar Group Inc. (NASDAQ:CSGP)

This company has been moved to the archive! The financial data has not been updated since July 26, 2023.

Analysis of Short-term (Operating) Activity Ratios
Quarterly Data

Microsoft Excel

Activity ratios measure how efficiently a company performs day-to-day tasks, such us the collection of receivables and management of inventory.

Short-term Activity Ratios (Summary)

CoStar Group Inc., short-term (operating) activity ratios (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Turnover Ratios
Receivables turnover 12.81 12.38 14.18 14.32 13.53 14.83 15.58 16.27 16.70 15.71 15.96 15.13 13.34 13.03 15.17 14.68 13.53 13.43 13.36 — — —
Payables turnover 7.30 13.82 14.55 12.44 11.68 18.97 16.06 19.96 20.42 18.90 19.64 15.09 11.13 13.21 37.86 34.95 40.51 35.18 42.66 — — —
Working capital turnover 0.46 0.46 0.45 0.45 0.54 0.54 0.53 0.52 0.52 0.49 0.47 0.42 0.44 0.80 1.41 1.03 1.06 1.09 1.13 — — —
Average No. Days
Average receivable collection period 29 29 26 25 27 25 23 22 22 23 23 24 27 28 24 25 27 27 27 — — —
Average payables payment period 50 26 25 29 31 19 23 18 18 19 19 24 33 28 10 10 9 10 9 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. CoStar Group Inc. receivables turnover ratio deteriorated from Q4 2022 to Q1 2023 but then slightly improved from Q1 2023 to Q2 2023.
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. CoStar Group Inc. payables turnover ratio decreased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Working capital turnover An activity ratio calculated as revenue divided by working capital. CoStar Group Inc. working capital turnover ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.
Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. CoStar Group Inc. number of days of payables outstanding increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.

Receivables Turnover

CoStar Group Inc., receivables turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Revenues 605,906 584,366 573,345 556,921 536,308 515,825 506,786 499,319 480,333 457,697 444,393 425,620 397,159 391,847 374,726 352,808 343,760 328,425 315,571 305,525 297,018 273,718
Accounts receivable, net 181,213 181,758 153,945 147,770 152,173 134,978 124,817 115,651 108,269 109,798 103,949 105,014 113,667 112,248 92,240 91,325 95,583 92,841 89,192 82,279 69,984 68,914
Short-term Activity Ratio
Receivables turnover1 12.81 12.38 14.18 14.32 13.53 14.83 15.58 16.27 16.70 15.71 15.96 15.13 13.34 13.03 15.17 14.68 13.53 13.43 13.36 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Receivables turnover = (RevenuesQ2 2023 + RevenuesQ1 2023 + RevenuesQ4 2022 + RevenuesQ3 2022) ÷ Accounts receivable, net
= (605,906 + 584,366 + 573,345 + 556,921) ÷ 181,213 = 12.81

Short-term activity ratio Description The company
Receivables turnover An activity ratio equal to revenue divided by receivables. CoStar Group Inc. receivables turnover ratio deteriorated from Q4 2022 to Q1 2023 but then slightly improved from Q1 2023 to Q2 2023.

Payables Turnover

CoStar Group Inc., payables turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Cost of revenues 112,362 119,196 109,194 108,364 100,971 95,479 86,330 92,597 89,566 88,748 78,154 77,865 74,040 78,909 74,996 71,172 71,918 71,153 68,248 72,072 67,136 62,477
Accounts payable 61,546 31,664 28,460 31,435 32,132 19,191 22,244 17,487 16,376 16,870 15,732 20,266 26,864 22,486 7,640 8,082 6,996 7,919 6,327 10,114 9,394 7,845
Short-term Activity Ratio
Payables turnover1 7.30 13.82 14.55 12.44 11.68 18.97 16.06 19.96 20.42 18.90 19.64 15.09 11.13 13.21 37.86 34.95 40.51 35.18 42.66 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Payables turnover = (Cost of revenuesQ2 2023 + Cost of revenuesQ1 2023 + Cost of revenuesQ4 2022 + Cost of revenuesQ3 2022) ÷ Accounts payable
= (112,362 + 119,196 + 109,194 + 108,364) ÷ 61,546 = 7.30

Short-term activity ratio Description The company
Payables turnover An activity ratio calculated as cost of goods sold divided by payables. CoStar Group Inc. payables turnover ratio decreased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.

Working Capital Turnover

CoStar Group Inc., working capital turnover calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data (US$ in thousands)
Current assets 5,444,884 5,297,636 5,185,867 5,006,587 4,180,761 4,100,258 3,988,125 3,914,837 3,817,931 3,822,327 3,888,512 4,007,233 3,690,648 2,070,390 1,199,165 1,504,722 1,413,762 1,346,371 1,213,298 1,179,268 1,075,985 1,032,004
Less: Current liabilities 442,775 401,021 372,615 325,906 349,950 370,195 338,689 321,517 328,678 290,135 330,850 245,111 263,365 236,679 207,056 198,036 197,260 198,227 154,159 153,470 145,920 165,643
Working capital 5,002,109 4,896,615 4,813,252 4,680,681 3,830,811 3,730,063 3,649,436 3,593,320 3,489,253 3,532,192 3,557,662 3,762,122 3,427,283 1,833,711 992,109 1,306,686 1,216,502 1,148,144 1,059,139 1,025,798 930,065 866,361
 
Revenues 605,906 584,366 573,345 556,921 536,308 515,825 506,786 499,319 480,333 457,697 444,393 425,620 397,159 391,847 374,726 352,808 343,760 328,425 315,571 305,525 297,018 273,718
Short-term Activity Ratio
Working capital turnover1 0.46 0.46 0.45 0.45 0.54 0.54 0.53 0.52 0.52 0.49 0.47 0.42 0.44 0.80 1.41 1.03 1.06 1.09 1.13 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Working capital turnover = (RevenuesQ2 2023 + RevenuesQ1 2023 + RevenuesQ4 2022 + RevenuesQ3 2022) ÷ Working capital
= (605,906 + 584,366 + 573,345 + 556,921) ÷ 5,002,109 = 0.46

Short-term activity ratio Description The company
Working capital turnover An activity ratio calculated as revenue divided by working capital. CoStar Group Inc. working capital turnover ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.

Average Receivable Collection Period

CoStar Group Inc., average receivable collection period calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data
Receivables turnover 12.81 12.38 14.18 14.32 13.53 14.83 15.58 16.27 16.70 15.71 15.96 15.13 13.34 13.03 15.17 14.68 13.53 13.43 13.36 — — —
Short-term Activity Ratio (no. days)
Average receivable collection period1 29 29 26 25 27 25 23 22 22 23 23 24 27 28 24 25 27 27 27 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Average receivable collection period = 365 ÷ Receivables turnover
= 365 ÷ 12.81 = 29

Short-term activity ratio Description The company
Average receivable collection period An activity ratio equal to the number of days in the period divided by receivables turnover.

Average Payables Payment Period

CoStar Group Inc., average payables payment period calculation (quarterly data)

Microsoft Excel
Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018
Selected Financial Data
Payables turnover 7.30 13.82 14.55 12.44 11.68 18.97 16.06 19.96 20.42 18.90 19.64 15.09 11.13 13.21 37.86 34.95 40.51 35.18 42.66 — — —
Short-term Activity Ratio (no. days)
Average payables payment period1 50 26 25 29 31 19 23 18 18 19 19 24 33 28 10 10 9 10 9 — — —

Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).

1 Q2 2023 Calculation
Average payables payment period = 365 ÷ Payables turnover
= 365 ÷ 7.30 = 50

Short-term activity ratio Description The company
Average payables payment period An estimate of the average number of days it takes a company to pay its suppliers; equal to the number of days in the period divided by payables turnover ratio for the period. CoStar Group Inc. number of days of payables outstanding increased from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023.