Freshworks (Freshworks) Days Sales Outstanding : 50.57 (As of Dec. 2023)

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What is Freshworks Days Sales Outstanding?

Freshworks's average Accounts Receivable for the three months ended in Dec. 2023 was $88.7 Mil. Freshworks's Revenue for the three months ended in Dec. 2023 was $160.1 Mil. Hence, Freshworks's Days Sales Outstanding for the three months ended in Dec. 2023 was 50.57.

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

FRSH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.31 Med: 44.79 Max: 51.44
Current: 48.3

During the past 5 years, Freshworks's highest Days Sales Outstanding was 51.44. The lowest was 42.31. And the median was 44.79.

FRSH's Days Sales Outstanding is ranked better than
67.02% of 2726 companies
in the Software industry
Industry Median: 62.175 vs FRSH: 48.30

Freshworks's Days Sales Outstanding increased from Dec. 2022 (43.62) to Dec. 2023 (50.57).

Freshworks Days Sales Outstanding Historical Data

The historical data trend for Freshworks'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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Freshworks Days Sales Outstanding Chart

Freshworks Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

51.44

42.81

42.31

44.79

51.30

Freshworks Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											43.62	47.48	46.14	45.82	50.57

Competitive Comparison of Freshworks's Days Sales Outstanding

For the Software - Application subindustry, Freshworks'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.

Freshworks's Days Sales Outstanding Distribution in the Software Industry

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

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

Freshworks 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.

Freshworks'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
=	( (70.47	+	97.179)	/	2 )	/	596.432	*	365
=	83.8245					/	596.432	*	365
=	51.30

Freshworks'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
=	( (80.294	+	97.179)	/	2 )	/	160.111	*	365 / 4
=	88.7365					/	160.111	*	365 / 4
=	50.57

Freshworks (NAS:FRSH) Days Sales Outstanding Explanation

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

Freshworks Days Sales Outstanding Related Terms

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

Freshworks (Freshworks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Freshworks Inc (NAS:FRSH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

7DF:Germany 7DF:Germany

Address

2950 S. Delaware Street, Suite 201, San Mateo, CA, USA, 94403

Website

https://www.freshworks.com

Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CX and ITSM categories and has also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and better serve their customers and employees. The group derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and Other regions.

Executives

Jennifer H Taylor	director	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Johanna Flower	director	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Roxanne S Austin	director	200 N SEPULVEDA BLVD, PO BOX 956 MS ES/001/A102, EL SEGUNDO CA 90245
Barry L. Padgett	director	CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052
Srinivasagopalan Ramamurthy	officer: Chief Product Officer	C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281
Zachary Nelson	director	C/O NETWORK ASSOCIATES, INC, 3965 FREEDOM CIRCLE, SANTA CLARA CA 95054
Rathnagirish Mathrubootham	director, officer: Chief Executive Officer	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Tyler Sloat	officer: Chief Financial Officer	C/O FRESHWORKS INC, 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Pradeep Rathinam	officer: Chief Revenue Officer	C/O FRESHWORKS INC., 2950 S. DELAWARE ST., SUITE 201, SAN MATEO CA 94403
Francis J. Pelzer	director	CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052
Stacey Epstein	officer: Chief Marketing Officer	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Westbridge Crossover Fund, Llc	10 percent owner	C/O CITCO (MAURITIUS) LIMITED, 4TH FLOOR, TOWER A, 1 CYBERCITY, EBENE O4 00000
Sandeep Singhal	10 percent owner	301, 3RD FLOOR, CAMPUS 6A, RMZ ECOWORLD, SARJAPUR-MARATHAHALLI, OUTER RING ROAD, BANGALORE K7 560103
Sumir Chadha	10 percent owner	520 S. EL CAMINO REAL, SUITE 900, SAN MATEO CA 94402
Westbridge Capital Management, Llc	10 percent owner	APEX HOUSE, BANK STREET, TWENTYEIGHT CYBERCITY, EBENE O4 72201