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NetScout Systems (NetScout Systems) Days Sales Outstanding

: 78.29 (As of Dec. 2023)
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NetScout Systems's average Accounts Receivable for the three months ended in Dec. 2023 was $187.1 Mil. NetScout Systems's Revenue for the three months ended in Dec. 2023 was $218.1 Mil. Hence, NetScout Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 78.29.

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

NTCT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 57.42   Med: 79.43   Max: 93.92
Current: 73.71

During the past 13 years, NetScout Systems's highest Days Sales Outstanding was 93.92. The lowest was 57.42. And the median was 79.43.

NTCT's Days Sales Outstanding is ranked worse than
60.71% of 2726 companies
in the Software industry
Industry Median: 62.27 vs NTCT: 73.71

NetScout Systems's Days Sales Outstanding increased from Dec. 2022 (60.08) to Dec. 2023 (78.29).


NetScout Systems Days Sales Outstanding Historical Data

The historical data trend for NetScout Systems'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.

NetScout Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.01 91.85 90.28 73.80 58.29

NetScout Systems 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 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 60.08 78.86 54.49 60.48 78.29

Competitive Comparison

For the Software - Infrastructure subindustry, NetScout Systems'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.


NetScout Systems Days Sales Outstanding Distribution

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

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



NetScout Systems 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.

NetScout Systems's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (148.245 + 143.855) / 2 ) / 914.53*365
=146.05 / 914.53*365
=58.29

NetScout Systems'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
=( (152.603 + 221.574) / 2 ) / 218.072*365 / 4
=187.0885 / 218.072*365 / 4
=78.29

* 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.


NetScout Systems  (NAS:NTCT) Days Sales Outstanding Explanation

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


NetScout Systems Days Sales Outstanding Related Terms

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NetScout Systems (NetScout Systems) Business Description

Traded in Other Exchanges
Address
310 Littleton Road, Westford, MA, USA, 01886-4105
NetScout Systems Inc is a provider of service assurance and cybersecurity solutions to enterprise and government networks. It bases its solutions on proprietary adaptive service intelligence technology, which helps customers monitor and identify performance issues and provides insight into network-based security threats. These solutions also deliver real-time and historical information, which provides insight to restore service and understand the quality of user experience. The company derives revenue primarily from the sale of network management tools and security solutions. Its geographical regions include USA, Europe, Asia, and Rest of the World.
Executives
Michael Szabados officer: Chief Operating Officer 271 MATTISON DRIVE, CONCORD MA 01742
John Downing officer: SVP, Worldwide Sales Operation 310 LITTLETON ROAD, WESTFORD MA 01886
Hadzima Joseph G Jr director ONE BROADWAY, STE 1300, CAMBRIDGE MA 02142
Jean A Bua officer: See Remarks
Marlene Pelage director C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Shannon Nash director C/O USERTESTING, INC., 144 TOWNSEND STREET, SAN FRANCISCO CA 94107
Vivian M Vitale director
Vincent J Mullarkey director 2 WINGATE LANE, ACTON MA 01720
Susan Louise Spradley director C/O NORTEL NETWORKS, 8200 DIXIE ROAD STE 100, BRAMPTON ONTARIO A6 L6T 5PT
Alfred Grasso director C/O NETSCOUT SYSTEMS, INC., 310 LITTLETON ROAD, WESTFORD MA 01886
Victor Demarines director
Christopher Perretta director C/O STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
John R Egan director 176 SOUTH ST., HOPKINTON MA 01748
Robert E Donahue director
Anil K Singhal director, officer: Chief Executive Officer C/O NETSCOUT SYTEMS INC, 310 LITTLETON ROAD, WESTFORD MA 01886