Cogent Communications Holdings (Cogent Communications Holdings) Days Sales Outstanding : 37.33 (As of Dec. 2023)

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What is Cogent Communications Holdings Days Sales Outstanding?

Cogent Communications Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $111.3 Mil. Cogent Communications Holdings's Revenue for the three months ended in Dec. 2023 was $272.1 Mil. Hence, Cogent Communications Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 37.33.

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

CCOI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.19 Med: 27.4 Max: 34.83
Current: 31.12

During the past 13 years, Cogent Communications Holdings's highest Days Sales Outstanding was 34.83. The lowest was 26.19. And the median was 27.40.

CCOI's Days Sales Outstanding is ranked better than
75.59% of 381 companies
in the Telecommunication Services industry
Industry Median: 56.4 vs CCOI: 31.12

Cogent Communications Holdings's Days Sales Outstanding increased from Dec. 2022 (26.28) to Dec. 2023 (37.33).

Cogent Communications Holdings Days Sales Outstanding Historical Data

The historical data trend for Cogent Communications Holdings'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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Cogent Communications Holdings Days Sales Outstanding Chart

Cogent Communications Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.46

27.20

26.65

26.19

34.83

Cogent Communications Holdings 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	Get a 7-Day Free Trial															26.28	26.53	25.57	29.22	37.33

Competitive Comparison of Cogent Communications Holdings's Days Sales Outstanding

For the Telecom Services subindustry, Cogent Communications Holdings'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.

Cogent Communications Holdings's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogent Communications Holdings's Days Sales Outstanding distribution charts can be found below:

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

Cogent Communications Holdings 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.

Cogent Communications Holdings'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
=	( (44.123	+	135.475)	/	2 )	/	940.922	*	365
=	89.799					/	940.922	*	365
=	34.83

Cogent Communications Holdings'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
=	( (87.17	+	135.475)	/	2 )	/	272.1	*	365 / 4
=	111.3225					/	272.1	*	365 / 4
=	37.33

Cogent Communications Holdings (NAS:CCOI) Days Sales Outstanding Explanation

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

Cogent Communications Holdings Days Sales Outstanding Related Terms

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Cogent Communications Holdings (Cogent Communications Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cogent Communications Holdings Inc (NAS:CCOI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

OGM1:Germany

Address

2450 N Street North West, Washington, DC, USA, 20037

Website

https://www.cogentco.com

Cogent carries over one fifth of the world's internet traffic over its network and is a broadband provider for businesses. Cogent's corporate customers are in high-rise office buildings; the firm provides them with two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for over half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the U.S.

Executives

John B. Chang	officer: VP & CHIEF LEGAL OFFICER	2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Dave Schaeffer	director, 10 percent owner, officer: Chairman, President & CEO	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Henry W Kilmer	officer: VP of IP Engineering	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
James Bubeck	officer: Chief Revenue Officer	2450 N STREET NW, WASHINGTON DC 20037
Thaddeus Gerard Weed	officer: VP, Controller	COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Lewis H Ferguson	director	8717 BURDETTE ROAD, BETHESDA MD 20817
Sheryl Lynn Kennedy	director	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Blake Bath	director	1010 WISCONSIN AVENUE, SUITE 600, WASHINGTON DC 20007
Marc Montagner	other: director nominee	C/O ENDURANCE INT'L GROUP HOLDINGS, INC., 10 CORPORATE DRIVE, SUITE 300, BURLINGTON MA 01803
David Allen Kapp	officer: VP & CHIEF TECHNICAL OFFICER	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Jeffrey S Danielson	officer: VP Infrastructure	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Steven D Brooks	director	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N ST NW, 4TH FLOOR, WASHINGTON DC 20037
Greg W O'connor	officer: VP, CHIEF OPERATING OFFICER	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Eve N Howard	director	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037
Sa Paul De	director	C/O COGENT COMMUNICATIONS HOLDINGS, INC., 2450 N STREET, N.W., WASHINGTON DC 20037