Sapiens International NV (Sapiens International NV) Days Sales Outstanding

: 55.39 (As of Dec. 2023)

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Sapiens International NV's average Accounts Receivable for the three months ended in Dec. 2023 was $79.4 Mil. Sapiens International NV's Revenue for the three months ended in Dec. 2023 was $130.9 Mil. Hence, Sapiens International NV's Days Sales Outstanding for the three months ended in Dec. 2023 was 55.39.

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

SPNS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.67 Med: 47.04 Max: 64.33
Current: 56.97

During the past 13 years, Sapiens International NV's highest Days Sales Outstanding was 64.33. The lowest was 39.67. And the median was 47.04.

SPNS's Days Sales Outstanding is ranked better than
56.22% of 2723 companies
in the Software industry
Industry Median: 62.17 vs SPNS: 56.97

Sapiens International NV's Days Sales Outstanding declined from Dec. 2022 (56.74) to Dec. 2023 (55.39).

Sapiens International NV Days Sales Outstanding Historical Data

The historical data trend for Sapiens International NV'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.

Sapiens International NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

41.23

39.67

40.62

43.27

42.06

Sapiens International NV 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																56.74	56.11	65.49	65.68	55.39

Competitive Comparison

For the Software - Application subindustry, Sapiens International NV'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.

Sapiens International NV Days Sales Outstanding Distribution

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

* The bar in red indicates where Sapiens International NV's Days Sales Outstanding falls into.

Sapiens International NV 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.

Sapiens International NV'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
=	( (58.563	+	60.024)	/	2 )	/	514.584	*	365
=	59.2935					/	514.584	*	365
=	42.06

Sapiens International NV'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
=	( (98.833	+	60.024)	/	2 )	/	130.859	*	365 / 4
=	79.4285					/	130.859	*	365 / 4
=	55.39

Sapiens International NV (NAS:SPNS) Days Sales Outstanding Explanation

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

Sapiens International NV Days Sales Outstanding Related Terms

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Sapiens International NV (Sapiens International NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sapiens International Corp NV (NAS:SPNS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SPNS:Israel S3P:Germany S3P:Germany

Address

26 Harokmim Street, Azrieli Center, Holon, ISR, 5885800

Website

https://www.sapiens.com

Sapiens International Corp NV is a provider of software solutions for the insurance industry, with an emerging focus on the financial services sector. The company offers software, solutions and professional services for property & casualty (P&C); reinsurance; life, pension & annuity (L&A); workers' compensation (WC); medical professional liability (MPL); financial & compliance (F&C); and decision modelling for both insurance and financial markets. The group also provides services for project delivery and implementation services, for its Software Solutions portfolio. Geographically, it operates in the region of North America, United Kingdom, Israel, and other European countries and Rest of the World and derives the majority of its income from North American region.