CyberArk Software (CyberArk Software) Days Sales Outstanding : 62.47 (As of Dec. 2023)

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What is CyberArk Software Days Sales Outstanding?

CyberArk Software's average Accounts Receivable for the three months ended in Dec. 2023 was $152.7 Mil. CyberArk Software's Revenue for the three months ended in Dec. 2023 was $223.1 Mil. Hence, CyberArk Software's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.47.

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

CYBR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.02 Med: 55.76 Max: 74.88
Current: 60.13

During the past 13 years, CyberArk Software's highest Days Sales Outstanding was 74.88. The lowest was 45.02. And the median was 55.76.

CYBR's Days Sales Outstanding is ranked better than
52.2% of 2726 companies
in the Software industry
Industry Median: 62.175 vs CYBR: 60.13

CyberArk Software's Days Sales Outstanding increased from Dec. 2022 (56.69) to Dec. 2023 (62.47).

CyberArk Software Days Sales Outstanding Historical Data

The historical data trend for CyberArk Software'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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CyberArk Software Days Sales Outstanding Chart

CyberArk Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.06

65.26

74.88

72.18

74.59

CyberArk Software 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															56.69	58.78	50.08	53.56	62.47

Competitive Comparison of CyberArk Software's Days Sales Outstanding

For the Software - Infrastructure subindustry, CyberArk Software'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.

CyberArk Software's Days Sales Outstanding Distribution in the Software Industry

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

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

CyberArk Software 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.

CyberArk Software'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
=	( (120.817	+	186.472)	/	2 )	/	751.888	*	365
=	153.6445					/	751.888	*	365
=	74.59

CyberArk Software'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
=	( (118.983	+	186.472)	/	2 )	/	223.104	*	365 / 4
=	152.7275					/	223.104	*	365 / 4
=	62.47

CyberArk Software (NAS:CYBR) Days Sales Outstanding Explanation

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

CyberArk Software Days Sales Outstanding Related Terms

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CyberArk Software (CyberArk Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CyberArk Software Ltd (NAS:CYBR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CYBR:Mexico CYB:Germany CYB:Germany

Address

9 Hapsagot Street, Park Ofer B, P.O. Box 3143, Petach Tikva, ISR, 4951040

Website

https://www.cyberark.com

CyberArk Software Ltd provides Information technology security solutions to protect data, infrastructure, and assets across the enterprise. The company software solutions focused on protecting privileged accounts, credentials, and secrets. Its products and services include Enterprise Password Vault, Privileged Session Manager, Privileged Threat Analytics, CyberArk Privilege Cloud. The company provides a solution on Audit and Compliance, Security and Risk Management, Industry Solutions. Geographically, it generates maximum revenue from the United States and also has a presence in the United Kingdom; Europe, the Middle East and Africa and Other countries.