National Instruments (National Instruments) Days Sales Outstanding : 88.19 (As of Jun. 2023)

View and export this data going back to 1995. Start your Free Trial

What is National Instruments Days Sales Outstanding?

National Instruments's average Accounts Receivable for the three months ended in Jun. 2023 was $403 Mil. National Instruments's Revenue for the three months ended in Jun. 2023 was $417 Mil. Hence, National Instruments's Days Sales Outstanding for the three months ended in Jun. 2023 was 88.19.

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

NATI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.2 Med: 66.22 Max: 86.63
Current: 83.89

During the past 13 years, National Instruments's highest Days Sales Outstanding was 86.63. The lowest was 56.20. And the median was 66.22.

NATI's Days Sales Outstanding is not ranked
in the Software industry.
Industry Median: 61.89 vs NATI: 83.89

National Instruments's Days Sales Outstanding increased from Jun. 2022 (77.17) to Jun. 2023 (88.19).

National Instruments Days Sales Outstanding Historical Data

The historical data trend for National Instruments'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.

National Instruments Days Sales Outstanding Chart

National Instruments Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

66.03

66.33

73.15

75.52

86.63

National Instruments Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															77.17	78.56	84.08	89.93	88.19

Competitive Comparison of National Instruments's Days Sales Outstanding

For the Software - Application subindustry, National Instruments'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.

National Instruments's Days Sales Outstanding Distribution in the Software Industry

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

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

National Instruments 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.

National Instruments'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
=	( (341.275	+	445.279)	/	2 )	/	1656.975	*	365
=	393.277					/	1656.975	*	365
=	86.63

National Instruments's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (415.744	+	389.926)	/	2 )	/	416.804	*	365 / 4
=	402.835					/	416.804	*	365 / 4
=	88.19

National Instruments (NAS:NATI) Days Sales Outstanding Explanation

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

National Instruments Days Sales Outstanding Related Terms

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

National Instruments (National Instruments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » National Instruments Corp (NAS:NATI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

11500 North MoPac Expressway, Austin, TX, USA, 78759

Website

https://www.ni.com

National Instruments provides testing and measurement equipment and integrated, software-led solutions to serve high-complexity automated testing in late product development. NI serves a long tail of more than 30,000 customers in myriad end markets but focuses on the semiconductor, transportation, and aerospace and defense verticals.

Executives

Ritu Favre	officer: Executive Vice President	12367 CROSTHWAITE CIRCLE, POWAY CA 92064
Scott Arthur Rust	officer: Executive Vice President	C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Alexander M Davern	officer: Senior Vice President and CFO	C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG C, AUSTIN TX 78759
Thomas Benjamin	officer: Executive Vice President	C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC EXPRESSWAY, AUSTIN TX 78759
Eric Howard Starkloff	director, officer: President & CEO	11500 NORTH MOPAC, BUILDING C, AUSTIN TX 78759
Daniel Berenbaum	officer: Chief Financial Officer, EVP	C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Cashman James E Iii	director	2600 ANSYS DRIVE, CANONSBURG PA 15317
Gerhard Paul Fettweis	director	C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Michael E Mcgrath	director	11701 LUNA ROAD, DALLAS TX 75234
Liam Griffin	director	5260 CALIFORNIA AVENUE, IRVINE CA 92617
Gayla J Delly	director	3000 TECHNOLOGY DR, ANGLETON TX 77515
Jason Elliot Green	officer: Chief Revenue Officer & EVP	C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Karen Marie Rapp	officer: Chief Financial Officer & EVP	C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Carla Pineyro Sublett	officer: Chief Marketing Officer	C/O NATIONAL INSTRUMENTS CORPORATION, 11500 NORTH MOPAC, AUSTIN TX 78759
Jeffrey L Kodosky	director	C/O NATIONAL INSTRUMENTS CORP, 11500 N. MOPAC EXPRESSWAY, AUSTIN TX 78759