The Descartes Systems Group (The Descartes Systems Group) Days Sales Outstanding : 29.46 (As of Jan. 2024)

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What is The Descartes Systems Group Days Sales Outstanding?

The Descartes Systems Group's average Accounts Receivable for the three months ended in Jan. 2024 was $47.9 Mil. The Descartes Systems Group's Revenue for the three months ended in Jan. 2024 was $148.2 Mil. Hence, The Descartes Systems Group's Days Sales Outstanding for the three months ended in Jan. 2024 was 29.46.

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

DSGX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.81 Med: 38.56 Max: 47.47
Current: 31.46

During the past 13 years, The Descartes Systems Group's highest Days Sales Outstanding was 47.47. The lowest was 30.81. And the median was 38.56.

DSGX's Days Sales Outstanding is ranked better than
84.74% of 2726 companies
in the Software industry
Industry Median: 62.175 vs DSGX: 31.46

The Descartes Systems Group's Days Sales Outstanding declined from Jan. 2023 (33.14) to Jan. 2024 (29.46).

The Descartes Systems Group Days Sales Outstanding Historical Data

The historical data trend for The Descartes Systems Group'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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The Descartes Systems Group Days Sales Outstanding Chart

The Descartes Systems Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Sales Outstanding

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37.31

37.86

33.91

32.62

30.82

The Descartes Systems Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															33.14	31.83	33.84	31.65	29.46

Competitive Comparison of The Descartes Systems Group's Days Sales Outstanding

For the Software - Application subindustry, The Descartes Systems Group'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.

The Descartes Systems Group's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where The Descartes Systems Group's Days Sales Outstanding falls into.

The Descartes Systems Group 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.

The Descartes Systems Group's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

	Days Sales Outstanding (A: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (45.173	+	51.569)	/	2 )	/	572.931	*	365
=	48.371					/	572.931	*	365
=	30.82

The Descartes Systems Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (44.143	+	51.569)	/	2 )	/	148.226	*	365 / 4
=	47.856					/	148.226	*	365 / 4
=	29.46

The Descartes Systems Group (NAS:DSGX) Days Sales Outstanding Explanation

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

The Descartes Systems Group Days Sales Outstanding Related Terms

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The Descartes Systems Group (The Descartes Systems Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » The Descartes Systems Group Inc (NAS:DSGX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DC2:Germany DC2:Germany DSG:Canada

Address

120 Randall Drive, Waterloo, ON, CAN, N2V 1C6

Website

https://www.descartes.com

The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.