Forrester Research (NAS:FORR) Days Sales Outstanding

: 41.31 (As of Dec. 2022)

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Forrester Research's average Accounts Receivable for the three months ended in Dec. 2022 was $62.0 Mil. Forrester Research's Revenue for the three months ended in Dec. 2022 was $136.9 Mil. Hence, Forrester Research's Days Sales Outstanding for the three months ended in Dec. 2022 was 41.31.

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: 46.18 Med: 69.87 Max: 93.3
Current: 46.18

During the past 13 years, Forrester Research's highest Days Sales Outstanding was 93.30. The lowest was 46.18. And the median was 69.87.

FORR's Days Sales Outstanding is ranked better than
65.59% of 1023 companies
in the Business Services industry
Industry Median: 58.20 vs FORR: 46.18

Forrester Research's Days Sales Outstanding declined from Dec. 2021 (47.52) to Dec. 2022 (41.31).

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

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

70.10

60.05

68.82

63.38

54.40

Forrester Research Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Sales Outstanding																47.52	57.40	39.79	39.17	41.31

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.

Annual Data Quarterly Data

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. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (86.965	+	73.345)	/	2 )	/	537.787	*	365
=	80.155					/	537.787	*	365
=	54.40

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

	Days Sales Outstanding (Q: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (50.602	+	73.345)	/	2 )	/	136.891	*	365 / 4
=	61.9735					/	136.891	*	365 / 4
=	41.31

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

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Forrester Research Inc (NAS:FORR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FFR:Germany

Address

60 Acorn Park Drive, Cambridge, MA, USA, 02140

Website

https://www.forrester.com

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

Roy Sarah Le	officer: Chief People Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Warren N Romine	director	7325 16TH STREET NW, WASHINGTON DC 20012
Sharyn Leaver	officer: Chief Research Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Alicia Lee	officer: Chief Consulting Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Nathaniel Swan	officer: Chief Sales Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
George F Colony	director, 10 percent owner, officer: Chairman & CEO	C/O FORRESTER RESEARCH INC, 1033 MASSACHUSETTS AVE, CAMBRIDGE MA 02138
Leo Christian Finn	officer: Chief Financial Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Michael Kasparian	officer: Chief Information Officer	C/O FORRESTER RESEARCH, 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Shirley Macbeth	officer: Chief Marketing Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Sherri Kottmann	officer: Chief People Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Carrie Johnson	officer: Chief Research Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Jean Birch	director	3050 SOFT HORIZON WAY, LAS VEGAS NV 89135
Kelley Hippler	officer: Chief Sales Officer	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DR., CAMBRIDGE MA 02140
Anthony J Friscia	director	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140
Yvonne Wassenaar	director	C/O FORRESTER RESEARCH, INC., 60 ACORN PARK DRIVE, CAMBRIDGE MA 02140