NetApp's average Accounts Receivable for the
three
months ended in Jan. 2024 was $787 Mil. NetApp's Revenue for the
three
months ended in Jan. 2024 was $1,606 Mil.
Hence, NetApp's Days Sales Outstanding for the
three
months ended in Jan. 2024 was 44.72.
The historical rank and industry rank for NetApp's Days Sales Outstanding or its related term are showing as below:
NTAP'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.65 Med: 57.88 Max: 73.82
Current: 47.65
During the past 13 years, NetApp's highest Days Sales Outstanding was 73.82. The lowest was 47.65. And the median was 57.88.
NTAP's Days Sales Outstanding is ranked better than 80.54% of 2456
companies
in the Hardware industry
Industry Median: 75.07
vs NTAP: 47.65
NetApp's Days Sales Outstanding
declined
from Jan. 2023 (51.75) to Jan. 2024 (44.72).
NetApp Days Sales Outstanding Historical Data
The historical data trend for NetApp'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.
Competitive Comparison of NetApp's Days Sales Outstanding
For the Computer Hardware subindustry, NetApp'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.
NetApp's Days Sales Outstanding Distribution in the Hardware Industry
For the Hardware industry and Technology sector, NetApp's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where NetApp's Days Sales Outstanding falls into.
NetApp 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.
* 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.
NetApp (NAS:NTAP) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
NetApp Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of NetApp's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NTAP has been successfully added to your 