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Rimini Street (Rimini Street) Days Sales Outstanding

: 73.51 (As of Dec. 2023)
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Rimini Street's average Accounts Receivable for the three months ended in Dec. 2023 was $90.3 Mil. Rimini Street's Revenue for the three months ended in Dec. 2023 was $112.1 Mil. Hence, Rimini Street's Days Sales Outstanding for the three months ended in Dec. 2023 was 73.51.

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

RMNI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.7   Med: 112.06   Max: 128.18
Current: 79.7

During the past 9 years, Rimini Street's highest Days Sales Outstanding was 128.18. The lowest was 79.70. And the median was 112.06.

RMNI's Days Sales Outstanding is ranked worse than
65.86% of 2724 companies
in the Software industry
Industry Median: 62.27 vs RMNI: 79.70

Rimini Street's Days Sales Outstanding declined from Dec. 2022 (73.64) to Dec. 2023 (73.51).


Rimini Street Days Sales Outstanding Historical Data

The historical data trend for Rimini Street'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.

Rimini Street Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.79 128.18 123.50 112.06 99.61

Rimini Street 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 73.64 88.82 74.76 62.10 73.51

Competitive Comparison

For the Software - Application subindustry, Rimini Street'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.


Rimini Street Days Sales Outstanding Distribution

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

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



Rimini Street 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.

Rimini Street'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
=( (116.093 + 119.43) / 2 ) / 431.496*365
=117.7615 / 431.496*365
=99.61

Rimini Street'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
=( (61.191 + 119.43) / 2 ) / 112.11*365 / 4
=90.3105 / 112.11*365 / 4
=73.51

* 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.


Rimini Street  (NAS:RMNI) Days Sales Outstanding Explanation

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


Rimini Street Days Sales Outstanding Related Terms

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Rimini Street (Rimini Street) Business Description

Traded in Other Exchanges
Address
3993 Howard Hughes Parkway, Suite 500, Las Vegas, NV, USA, 89169
Rimini Street Inc is a provider of enterprise software support products and services and the third-party support provider for Oracle and SAP software products based in the United States. Some of its products include Oracle E-business suite, Oracle Retail, Peoplesoft, SAP business suite, and Agile PLM, which are offered to various industries, including manufacturing, public sector companies, retail, and education.
Executives
Seth A. Ravin director, 10 percent owner, officer: CEO and Chairman of the Board 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Michael L. Perica officer: EVP & Chief Financial Officer C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Steven Salaets officer: CIO/CPO EVP GlSec/Facl/Qual/IA C/O 3993 HOWARD HUGHES PARKWAY, LAS VEGAS NV 89169
Nancy Lyskawa officer: SVP Global Client Onboarding 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Kevin Maddock officer: SVP, Global Sales 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
David W. Rowe officer: SVP & CMO 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Sebastian Grady officer: President 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Brian Slepko officer: SVP, Global Service Delivery 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Gerard Brossard officer: Chief Operating Officer 1170 PEACHTREE STREET, ATLANTA GA 30309
Jay G Snyder director C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169
Katrinka Mccallum director 139 TOWNSEND ST, SAN FRANCISCO CA 94107
Gpiac, Llc 10 percent owner C/O GP INVESTMENTS ACQUISITION CORP., 150 E. 52ND STREET, SUITE 5003, NEW YORK NY 10022
Daniel B. Winslow officer: SVP & General Counsel 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169
Adams Street Partners Llc 10 percent owner ONE NORTH WACKER DRIVE, STE 2700, CHICAGO IL 60606-2807
Robin P. Murray director, 10 percent owner 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169

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