Open Text (FRA:OTX) Days Sales Outstanding : 44.52 (As of Sep. 2024)

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What is Open Text Days Sales Outstanding?

Open Text's average Accounts Receivable for the three months ended in Sep. 2024 was €558 Mil. Open Text's Revenue for the three months ended in Sep. 2024 was €1,143 Mil. Hence, Open Text's Days Sales Outstanding for the three months ended in Sep. 2024 was 44.52.

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

FRA:OTX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.74 Med: 53.67 Max: 60.91
Current: 42.71

During the past 13 years, Open Text's highest Days Sales Outstanding was 60.91. The lowest was 40.74. And the median was 53.67.

FRA:OTX's Days Sales Outstanding is ranked better than
73.33% of 2718 companies
in the Software industry
Industry Median: 61.355 vs FRA:OTX: 42.71

Open Text's Days Sales Outstanding increased from Sep. 2023 (43.18) to Sep. 2024 (44.52).

Open Text Days Sales Outstanding Historical Data

The historical data trend for Open Text'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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Open Text Days Sales Outstanding Chart

Open Text Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Days Sales Outstanding

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54.49

50.53

42.38

45.57

41.26

Open Text Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															43.18	42.41	43.73	42.67	44.52

Competitive Comparison of Open Text's Days Sales Outstanding

For the Software - Application subindustry, Open Text'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.

Open Text's Days Sales Outstanding Distribution in the Software Industry

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

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

Open Text 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.

Open Text's Days Sales Outstanding for the fiscal year that ended in Jun. 2024 is calculated as

	Days Sales Outstanding (A: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (629.963	+	581.73)	/	2 )	/	5359.937	*	365
=	605.8465					/	5359.937	*	365
=	41.26

Open Text's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (581.73	+	533.945)	/	2 )	/	1143.374	*	365 / 4
=	557.8375					/	1143.374	*	365 / 4
=	44.52

Open Text (FRA:OTX) Days Sales Outstanding Explanation

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

Open Text Days Sales Outstanding Related Terms

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Open Text Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Open Text Corp (FRA:OTX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

OTEX:USA OTX:Germany OTEX:Canada

Address

275 Frank Tompa Drive, Waterloo, ON, CAN, N2L 0A1

Website

https://www.opentext.com

Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.

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