Procore Technologies (STU:5PT) Days Sales Outstanding : 62.38 (As of Dec. 2023)

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What is Procore Technologies Days Sales Outstanding?

Procore Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was €163.0 Mil. Procore Technologies's Revenue for the three months ended in Dec. 2023 was €238.5 Mil. Hence, Procore Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.38.

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

STU:5PT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.31 Med: 67.26 Max: 70.94
Current: 56.31

During the past 7 years, Procore Technologies's highest Days Sales Outstanding was 70.94. The lowest was 56.31. And the median was 67.26.

STU:5PT's Days Sales Outstanding is ranked better than
56.45% of 2721 companies
in the Software industry
Industry Median: 62.03 vs STU:5PT: 56.31

Procore Technologies's Days Sales Outstanding increased from Dec. 2022 (59.36) to Dec. 2023 (62.38).

Procore Technologies Days Sales Outstanding Historical Data

The historical data trend for Procore Technologies'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.

Procore Technologies Days Sales Outstanding Chart

Procore Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

59.08

64.50

65.98

64.75

69.10

Procore Technologies 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															59.36	54.80	46.52	49.58	62.38

Competitive Comparison of Procore Technologies's Days Sales Outstanding

For the Software - Application subindustry, Procore Technologies'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.

Procore Technologies's Days Sales Outstanding Distribution in the Software Industry

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

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

Procore Technologies 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.

Procore Technologies'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
=	( (140.357	+	189.493)	/	2 )	/	871.159	*	365
=	164.925					/	871.159	*	365
=	69.10

Procore Technologies'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
=	( (136.534	+	189.493)	/	2 )	/	238.458	*	365 / 4
=	163.0135					/	238.458	*	365 / 4
=	62.38

Procore Technologies (STU:5PT) Days Sales Outstanding Explanation

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

Procore Technologies Days Sales Outstanding Related Terms

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Procore Technologies (STU:5PT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Procore Technologies Inc (STU:5PT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PCOR:USA P2CO34:Brazil

Address

6309 Carpinteria Avenue, Carpinteria, CA, USA, 93013

Website

https://www.procore.com

Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics.

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