Perficient (Perficient) Days Sales Outstanding

: 47.03 (As of Dec. 2023)

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Perficient's average Accounts Receivable for the three months ended in Dec. 2023 was $113.8 Mil. Perficient's Revenue for the three months ended in Dec. 2023 was $220.8 Mil. Hence, Perficient's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.03.

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

PRFT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 46.67 Med: 55.98 Max: 64.45
Current: 46.67

During the past 13 years, Perficient's highest Days Sales Outstanding was 64.45. The lowest was 46.67. And the median was 55.98.

PRFT's Days Sales Outstanding is ranked better than
69.23% of 2723 companies
in the Software industry
Industry Median: 62.17 vs PRFT: 46.67

Perficient's Days Sales Outstanding declined from Dec. 2022 (48.33) to Dec. 2023 (47.03).

Perficient Days Sales Outstanding Historical Data

The historical data trend for Perficient'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.

Perficient Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

56.27

51.58

49.61

51.50

51.21

Perficient 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																48.33	48.15	42.94	44.05	47.03

Competitive Comparison

For the Information Technology Services subindustry, Perficient'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.

Perficient Days Sales Outstanding Distribution

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

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

Perficient 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.

Perficient'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
=	( (134.5	+	119.9)	/	2 )	/	906.541	*	365
=	127.2					/	906.541	*	365
=	51.21

Perficient'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
=	( (107.7	+	119.9)	/	2 )	/	220.79	*	365 / 4
=	113.8					/	220.79	*	365 / 4
=	47.03

Perficient (NAS:PRFT) Days Sales Outstanding Explanation

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

Perficient Days Sales Outstanding Related Terms

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Perficient (Perficient) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Perficient Inc (NAS:PRFT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PFS:Germany

Address

555 Maryville University Drive, Suite 600, Saint Louis, MO, USA, 63141

Website

https://www.perficient.com

Perficient Inc provides a variety of information technology and consulting services that focus on digital experience, business optimization, and IT solutions. The company's services include big data analytics, technology platform implementations, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management. It serves the healthcare, financial services, retail, and electronics industries. The vast majority of the company's revenue comes from the United States.

Executives

Thomas J. Hogan	officer: Chief Operating Officer	555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
David S Lundeen	director	C/O PROFICIENT INC, 7600-B N CAPITAL OF TEXAS HWY - STE 220, AUSTIN TX 78731
Jill Ackerman Jones	director	850 DIXIE HWY, LOUISVILLE KY 40210
Susan L. Adomite	officer: SVP, Controller & PAO	555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Kevin Thomas Sheen	officer: Senior Vice President	555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Nancy C Pechloff	director	10401 CLAYTON ROAD, ST LOUIS MO 63131
Brian L Matthews	director	555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
Ralph C Derrickson	director	1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746
Romil Bahl	director	3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Gary Wimberly	director	ONE EXPRESS WAY, ST. LOUIS MO 63121
Jeffrey S Davis	officer: Chairman and CEO	ONE CITYPLACE DRIVE, SUITE 190, SAINT LOUIS MO 63141
Paul E Martin	officer: Chief Financial Officer	CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
James R Kackley	director	855 EAST MAIN AVE, ZEELAND MI 49464-0302
Kathryn J Henely	officer: Chief Operating Officer	520 MARYVILLE CENTRE DR, SUITE 400, ST LOUIS MO 63141
John S Hamlin	director	C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682