Kforce (Kforce) Days Sales Outstanding : 60.47 (As of Dec. 2023)

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What is Kforce Days Sales Outstanding?

Kforce's average Accounts Receivable for the three months ended in Dec. 2023 was $241 Mil. Kforce's Revenue for the three months ended in Dec. 2023 was $363 Mil. Hence, Kforce's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.47.

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

KFRC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.84 Med: 57.79 Max: 62.92
Current: 60.41

During the past 13 years, Kforce's highest Days Sales Outstanding was 62.92. The lowest was 55.84. And the median was 57.79.

KFRC's Days Sales Outstanding is ranked worse than
52.6% of 1040 companies
in the Business Services industry
Industry Median: 58.4 vs KFRC: 60.41

Kforce's Days Sales Outstanding increased from Dec. 2022 (59.86) to Dec. 2023 (60.47).

Kforce Days Sales Outstanding Historical Data

The historical data trend for Kforce'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.

Kforce Days Sales Outstanding Chart

Kforce Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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58.04

58.27

57.03

57.05

59.92

Kforce Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															59.86	60.24	60.54	60.92	60.47

Competitive Comparison of Kforce's Days Sales Outstanding

For the Staffing & Employment Services subindustry, Kforce'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.

Kforce's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Kforce's Days Sales Outstanding distribution charts can be found below:

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

Kforce 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.

Kforce'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
=	( (269.496	+	233.428)	/	2 )	/	1531.756	*	365
=	251.462					/	1531.756	*	365
=	59.92

Kforce's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (248.291	+	233.428)	/	2 )	/	363.447	*	365 / 4
=	240.8595					/	363.447	*	365 / 4
=	60.47

Kforce (NAS:KFRC) Days Sales Outstanding Explanation

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

Kforce Days Sales Outstanding Related Terms

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Kforce (Kforce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Kforce Inc (NAS:KFRC) » Definitions » Days Sales Outstanding

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ROF:Germany

Address

1150 Assembly Drive, Suite 500, Tampa, FL, USA, 33607

Website

https://www.kforce.com

Kforce Inc provides professional and technical specialty staffing services and solutions. The company operates two business segments: 1) technology segment where the company provides talent solutions with candidates skilled in areas including systems/applications architecture and development, data management and analytics, business and artificial intelligence, machine learning, project and program management, and network architecture and security. 2) FA segment where the company offers consultants in traditional finance and accounting roles such as finance, planning and analysis; business intelligence analysis; general accounting; transactional accounting business and cost analysis; and taxation and treasury. The majority of revenue is earned through the technology segment.

Executives

David M Kelly	officer: Sr VP, Chief Financial Officer
N John Simmons	director	33 NORTH PINE CIRCLE, BELLEAIR FL 33756
Elaine Rosen	director
Andrew G Thomas	officer: CHIEF MARKETING OFFICER	1001 E PALM AVE, TAMPA FL 33605
Joseph J Liberatore	officer: President
David L Dunkel	director, officer: Chief Executive Officer
Jeffrey B. Hackman	officer: SVP Finance & Accounting	1001 EAST PALM AVENUE, TAMPA FL 33605
Ralph Struzziero	director
Derrick Dewan Brooks	director	1001 EAST PALM AVENUE, TAMPA FL 33605
Kye L. Mitchell	officer: Chief Operations Officer	1001 EAST PALM AVENUE, TAMPA FL 33605
Mark F Furlong	director	770 M WATER ST, MILWAUKEE WI 53202
Michael R Blackman	officer: Chief Corporate Dev. Officer
Ann E. Dunwoody	director	600 THIRD AVENUE, NEW YORK NY 10016
Catherine Cloudman	director	1001 E. PALM AVENUE, TAMPA FL 33605
Richard M Cocchiaro	director, officer: Vice Chairman