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Check Point Software Technologies Ltd (NAS:CHKP)
Days Sales Outstanding
54.36 (As of Sep. 2016)

Check Point Software Technologies Ltd's account receivable for the three months ended in Sep. 2016 was $255 Mil. Check Point Software Technologies Ltd's revenue for the three months ended in Sep. 2016 was $428 Mil. Hence, Check Point Software Technologies Ltd's days sales outstanding for the three months ended in Sep. 2016 was 54.36.

CHKP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 89.48   Max: 113.66
Current: 54.28

89.48
113.66

During the past 13 years, Check Point Software Technologies Ltd's highest Days Sales Outstanding was 113.66. The lowest was 89.48. And the median was 100.02.

CHKP's Days Sales Outstanding is ranked higher than
64% of the 1482 Companies
in the Global Software - Application industry.

( Industry Median: 66.95 vs. CHKP: 54.28 )

Check Point Software Technologies Ltd's days sales outstanding increased from Sep. 2015 (49.49) to Sep. 2016 (54.36).


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Check Point Software Technologies Ltd's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=410.763/1629.838*365
=91.99

Check Point Software Technologies Ltd's Days Sales Outstanding for the quarter that ended in Sep. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=254.716/427.574*365 / 4
=54.36

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Check Point Software Technologies Ltd Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
DaysSalesOutstanding 90.04100.64113.66112.0094.15104.62101.6099.4089.4891.99

Check Point Software Technologies Ltd Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
DaysSalesOutstanding 61.7653.3079.5554.3956.1449.4981.8355.6958.8354.36
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