Cornerstone OnDemand (Cornerstone OnDemand) Days Sales Outstanding : 59.16 (As of Jun. 2021)

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What is Cornerstone OnDemand Days Sales Outstanding?

Cornerstone OnDemand's average Accounts Receivable for the three months ended in Jun. 2021 was $139.0 Mil. Cornerstone OnDemand's Revenue for the three months ended in Jun. 2021 was $214.3 Mil. Hence, Cornerstone OnDemand's Days Sales Outstanding for the three months ended in Jun. 2021 was 59.16.

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

CSOD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 72.36 Med: 104.57 Max: 137.42
Current: 72.36

During the past 13 years, Cornerstone OnDemand's highest Days Sales Outstanding was 137.42. The lowest was 72.36. And the median was 104.57.

CSOD's Days Sales Outstanding is not ranked
in the Software industry.
Industry Median: 61.815 vs CSOD: 72.36

Cornerstone OnDemand's Days Sales Outstanding declined from Jun. 2020 (64.55) to Jun. 2021 (59.16).

Cornerstone OnDemand Days Sales Outstanding Historical Data

The historical data trend for Cornerstone OnDemand'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.

Cornerstone OnDemand Days Sales Outstanding Chart

Cornerstone OnDemand Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

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104.10

110.22

94.91

81.17

86.84

Cornerstone OnDemand Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Days Sales Outstanding	Get a 7-Day Free Trial															64.55	73.96	83.39	78.19	59.16

Competitive Comparison of Cornerstone OnDemand's Days Sales Outstanding

For the Software - Application subindustry, Cornerstone OnDemand'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.

Cornerstone OnDemand's Days Sales Outstanding Distribution in the Software Industry

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

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

Cornerstone OnDemand 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.

Cornerstone OnDemand's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (131.105	+	221.461)	/	2 )	/	740.916	*	365
=	176.283					/	740.916	*	365
=	86.84

Cornerstone OnDemand's Days Sales Outstanding for the quarter that ended in Jun. 2021 is calculated as:

	Days Sales Outstanding (Q: Jun. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2021 )	+	Accounts Receivable (A: Jun. 2021 ))	/	count )	/	Revenue (A: Jun. 2021 )	*	Days in Period
=	( (137.191	+	140.751)	/	2 )	/	214.343	*	365 / 4
=	138.971					/	214.343	*	365 / 4
=	59.16

Cornerstone OnDemand (NAS:CSOD) Days Sales Outstanding Explanation

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

Cornerstone OnDemand Days Sales Outstanding Related Terms

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Cornerstone OnDemand (Cornerstone OnDemand) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cornerstone OnDemand Inc (NAS:CSOD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1601 Cloverfield Boulevard, Suite 620 South, Santa Monica, CA, USA, 90404

Website

http://www.cornerstoneondemand.com

Cornerstone OnDemand is a fast-growing provider of cloud-based talent-management solutions. While the company is best known for its learning management application, which is considered best in class, the company's products have evolved in recent years, with the company adding features such as recruiting, performance and other development tools. Most of the revenue is recurring, as the company is de-emphasizing implementation services and will rely more on integration partners going forward. As of the end of 2018, the company served 3,535 clients with more than 40 million users across more than 190 countries.

Executives

Adam L Miller	director, officer: Chief Executive Officer	C/O CORNERSTONE ONDEMAND, INC. 1601 CLOVERFIELD BLVD., SUITE 620 SOUTH SANTA MONICA CA 90404
Adam J. Weiss	officer: Chief Administrative Officer	1601 CLOVERFIELD BOULEVARD SUITE 620 SANTA MONICA CA 90404
Patricia Coughlin	officer: PAO and Interim CFO	1601 CLOVERFIELD BLVD., STE 620 SANTA MONICA CA 90404
Heidi Spirgi	officer: Chief Mktg & Strategy Officer	1601 CLOVERFIELD BLVD., STE 620 SANTA MONICA CA 90404
Mark Goldin	officer: Chief Technology Officer	C/O CORNERSTONE ONDEMAND, INC. 1601 CLOVERFIELD BLVD., SUITE 620 SOUTH SANTA MONICA CA 90404
Philip Seth Saunders	officer: Chief Executive Officer	13 MAPLE KNOLL LANE, MANALAPAN NJ 07726
Jeff Lautenbach	officer: President, Global Field Ops	1601 CLOVERFIELD BLVD., SUITE 620 SOUTH SANTA MONICA CA 90404
Richard M Haddrill	director	2300 WINDY RIDGE PKWY, ATLANTA GA 30339
Kristina Salen	director	1601 CLOVERFIELD BLVD., SUITE 620, SANTA MONICA CA 90404
Dean E. Carter	director	1601 CLOVERFIELD BLVD., SUITE 620 SOUTH SANTA MONICA CA 90404
Joseph Osnoss	director	C/O SILVER LAKE EUROPE LLP, BROADBENT HOUSE, 65 GROSVENOR STREET, LONDON X0 W1K 3JH
Elisa Steele	director	1601 CLOVERFIELD BLVD, STE 620 SOUTH, SANTA MONICA CA 90404
Marcus Ryu	director	2850 S DELAWARE STREET, SUITE 400, SAN MATEO CA 94403
Robert N Cavanaugh	director	1601 CLOVERFIELD BLVD., SUITE 620, SANTA MONICA CA 90404
Steffan Tomlinson	director	PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054