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AudioCodes (AudioCodes) Days Sales Outstanding : 72.33 (As of Dec. 2023)


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What is AudioCodes Days Sales Outstanding?

AudioCodes's average Accounts Receivable for the three months ended in Dec. 2023 was $50.4 Mil. AudioCodes's Revenue for the three months ended in Dec. 2023 was $63.6 Mil. Hence, AudioCodes's Days Sales Outstanding for the three months ended in Dec. 2023 was 72.33.

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

AUDC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.36   Med: 62.62   Max: 80.32
Current: 75.29

During the past 13 years, AudioCodes's highest Days Sales Outstanding was 80.32. The lowest was 45.36. And the median was 62.62.

AUDC's Days Sales Outstanding is ranked worse than
50.45% of 2456 companies
in the Hardware industry
Industry Median: 75.045 vs AUDC: 75.29

AudioCodes's Days Sales Outstanding increased from Dec. 2022 (68.76) to Dec. 2023 (72.33).


AudioCodes Days Sales Outstanding Historical Data

The historical data trend for AudioCodes'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.

AudioCodes Days Sales Outstanding Chart

AudioCodes Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.36 51.27 61.20 69.91 80.32

AudioCodes 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 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 68.76 80.65 72.11 71.30 72.33

Competitive Comparison of AudioCodes's Days Sales Outstanding

For the Communication Equipment subindustry, AudioCodes'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.


AudioCodes's Days Sales Outstanding Distribution in the Hardware Industry

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

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



AudioCodes 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.

AudioCodes'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
=( (56.424 + 51.125) / 2 ) / 244.383*365
=53.7745 / 244.383*365
=80.32

AudioCodes'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
=( (49.636 + 51.125) / 2 ) / 63.559*365 / 4
=50.3805 / 63.559*365 / 4
=72.33

* 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.


AudioCodes  (NAS:AUDC) Days Sales Outstanding Explanation

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


AudioCodes Days Sales Outstanding Related Terms

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AudioCodes (AudioCodes) Business Description

Traded in Other Exchanges
Address
1 Hayarden Street, Airport City Lod, Tel Aviv, ISR, 7019900
AudioCodes Ltd develops and sells advanced and converged voice over IP and data networking solutions, products and applications to service providers and channels, OEMs, network equipment providers and system integrators. Its products include IP phones, session border controllers, voice applications, multi-service business routers, digital and analog media gateways, among others. The company generates revenues from the sale of products through a direct sales force and sales representatives. Its geographic segments are Israel, Americas, Europe, and the Far East. It derives a majority of the revenues from Americas segment.
Executives
George Soros 10 percent owner C/O SOROS FUND MANAGEMENT LLC, 250 WEST 55TH STREET, FLOOR 29, NEW YORK NY 10019
Soros Fund Management Llc 10 percent owner 250 WEST 55TH STREET, FLOOR 29, NEW YORK NY 10019
Robert Soros 10 percent owner C/O SOROS FUND MANAGEMENT LLC, 250 WEST 55TH STREET, FLOOR 38, NEW YORK NY 10019
Soros Jonathan T Allan 10 percent owner C/O JS CAPITAL MANAGEMENT LLC, 888 SEVENTH AVENUE, FLOOR 40, NEW YORK NY 10106