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Forrester Research (NAS:FORR) Days Sales Outstanding

: 39.17 (As of Sep. 2022)
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Forrester Research's average Accounts Receivable for the three months ended in Sep. 2022 was $54.8 Mil. Forrester Research's Revenue for the three months ended in Sep. 2022 was $127.7 Mil. Hence, Forrester Research's Days Sales Outstanding for the three months ended in Sep. 2022 was 39.17.

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

FORR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.58   Med: 70.36   Max: 97.16
Current: 43.58

During the past 13 years, Forrester Research's highest Days Sales Outstanding was 97.16. The lowest was 43.58. And the median was 70.36.

FORR's Days Sales Outstanding is ranked better than
69.94% of 1018 companies
in the Business Services industry
Industry Median: 58.11 vs FORR: 43.58

Forrester Research's Days Sales Outstanding declined from Sep. 2021 (44.69) to Sep. 2022 (39.17).


Forrester Research Days Sales Outstanding Historical Data

The historical data trend for Forrester Research'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.

* Premium members only.

Forrester Research Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 69.63 70.10 60.05 68.82 63.38

Forrester Research Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 44.69 47.52 57.40 39.79 39.17

Competitive Comparison

For the Consulting Services subindustry, Forrester Research'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.

   

Forrester Research Days Sales Outstanding Distribution

For the Business Services industry and Industrials sector, Forrester Research's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Forrester Research's Days Sales Outstanding falls in comparison to its industry or sector. The grey bar indicates the Days Sales Outstanding's extreme value range as defined by GuruFocus.



Forrester Research 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.

Forrester Research's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

Days Sales Outstanding (A: Dec. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )*Days in Period
=( (84.695 + 86.965) / 2 ) / 494.315*365
=85.83 / 494.315*365
=63.38

Forrester Research's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

Days Sales Outstanding (Q: Sep. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2022 ) + Accounts Receivable (A: Sep. 2022 )) / count ) / Revenue (A: Sep. 2022 )*Days in Period
=( (59.014 + 50.602) / 2 ) / 127.679*365 / 4
=54.808 / 127.679*365 / 4
=39.17

* 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.


Forrester Research  (NAS:FORR) Days Sales Outstanding Explanation

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


Forrester Research Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Forrester Research's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Forrester Research (NAS:FORR) Business Description

Forrester Research logo
Traded in Other Exchanges
Address
60 Acorn Park Drive, Cambridge, MA, USA, 02140
Forrester Research Inc is a United States-based company that provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events.
Executives
Le Roy Sarah officer: Chief People Officer C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Romine Warren N director 7325 16TH STREET NW WASHINGTON DC 20012
Leaver Sharyn officer: Chief Research Officer C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Lee Alicia officer: Chief Consulting Officer C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Colony George F director, 10 percent owner, officer: Chairman & CEO C/O FORRESTER RESEARCH INC 1033 MASSACHUSETTS AVE CAMBRIDGE MA 02138
Finn Leo Christian officer: Chief Financial Officer C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Kasparian Michael officer: Chief Information Officer C/O FORRESTER RESEARCH 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Macbeth Shirley officer: Chief Marketing Officer C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Kottmann Sherri officer: Chief People Officer C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Johnson Carrie officer: Chief Research Officer C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Birch Jean director 3050 SOFT HORIZON WAY LAS VEGAS NV 89135
Hippler Kelley officer: Chief Sales Officer C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DR. CAMBRIDGE MA 02140
Friscia Anthony J director C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Wassenaar Yvonne director C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140
Boyce David director C/O FORRESTER RESEARCH, INC. 60 ACORN PARK DRIVE CAMBRIDGE MA 02140

Forrester Research (NAS:FORR) Headlines

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