Spirent Communications (Spirent Communications) Days Sales Outstanding : 83.16 (As of Dec. 2023)

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What is Spirent Communications Days Sales Outstanding?

Spirent Communications's average Accounts Receivable for the six months ended in Dec. 2023 was $114.1 Mil. Spirent Communications's Revenue for the six months ended in Dec. 2023 was $250.4 Mil. Hence, Spirent Communications's Days Sales Outstanding for the six months ended in Dec. 2023 was 83.16.

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

SPMYY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.17 Med: 87.89 Max: 101.2
Current: 96.46

During the past 13 years, Spirent Communications's highest Days Sales Outstanding was 101.20. The lowest was 77.17. And the median was 87.89.

SPMYY's Days Sales Outstanding is ranked worse than
74.98% of 2726 companies
in the Software industry
Industry Median: 62.175 vs SPMYY: 96.46

Spirent Communications's Days Sales Outstanding increased from Dec. 2022 (75.22) to Dec. 2023 (83.16).

Spirent Communications Days Sales Outstanding Historical Data

The historical data trend for Spirent Communications'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.

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Spirent Communications Days Sales Outstanding Chart

Spirent Communications Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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91.36

86.32

84.79

87.60

98.39

Spirent Communications Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															76.49	90.14	75.22	104.86	83.16

Competitive Comparison of Spirent Communications's Days Sales Outstanding

For the Software - Infrastructure subindustry, Spirent Communications'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.

Spirent Communications's Days Sales Outstanding Distribution in the Software Industry

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

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

Spirent Communications 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.

Spirent Communications'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
=	( (142.4	+	113.3)	/	2 )	/	474.3	*	365
=	127.85					/	474.3	*	365
=	98.39

Spirent Communications'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (114.9	+	113.3)	/	2 )	/	250.4	*	365 / 2
=	114.1					/	250.4	*	365 / 2
=	83.16

Spirent Communications (OTCPK:SPMYY) Days Sales Outstanding Explanation

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

Spirent Communications Days Sales Outstanding Related Terms

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Spirent Communications (Spirent Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spirent Communications PLC (OTCPK:SPMYY) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

SPNUF:USA SPTl:UK SPT:UK BW8:Germany

Address

108 High Street, Origin One, Crawley, West Sussex, GBR, RH10 1BD

Website

https://corporate.spirent.com

Spirent Communications PLC provides communications technologies including networks, data centers, enterprise IT, mobile communications, connected vehicles or the Internet of Things. The company operates in Networks and Security and Lifecycle Service Assurance segments. The majority of the revenue is derived from the Networks and Security segment that comprises Cloud IP, Application Security and Positioning lines of business with the aim of addressing the needs of the lab test market for Ethernet, Virtual, Data Center, applications test and timing for critical infrastructure.