Bentley Systems (Bentley Systems) Days Sales Outstanding : 76.73 (As of Mar. 2024)

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What is Bentley Systems Days Sales Outstanding?

Bentley Systems's average Accounts Receivable for the three months ended in Mar. 2024 was $284 Mil. Bentley Systems's Revenue for the three months ended in Mar. 2024 was $338 Mil. Hence, Bentley Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 76.73.

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

BSY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 77.24 Med: 88.28 Max: 97.39
Current: 77.24

During the past 6 years, Bentley Systems's highest Days Sales Outstanding was 97.39. The lowest was 77.24. And the median was 88.28.

BSY's Days Sales Outstanding is ranked worse than
64.01% of 2737 companies
in the Software industry
Industry Median: 61.81 vs BSY: 77.24

Bentley Systems's Days Sales Outstanding declined from Mar. 2023 (81.88) to Mar. 2024 (76.73).

Bentley Systems Days Sales Outstanding Historical Data

The historical data trend for Bentley 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.

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Bentley Systems Days Sales Outstanding Chart

Bentley Systems Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

96.39

89.83

80.43

86.73

86.26

Bentley Systems Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															81.88	80.16	71.33	77.65	76.73

Competitive Comparison of Bentley Systems's Days Sales Outstanding

For the Software - Application subindustry, Bentley 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.

Bentley Systems's Days Sales Outstanding Distribution in the Software Industry

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

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

Bentley 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.

Bentley Systems'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
=	( (287.073	+	293.536)	/	2 )	/	1228.413	*	365
=	290.3045					/	1228.413	*	365
=	86.26

Bentley Systems's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (293.536	+	274.477)	/	2 )	/	337.763	*	365 / 4
=	284.0065					/	337.763	*	365 / 4
=	76.73

Bentley Systems (NAS:BSY) Days Sales Outstanding Explanation

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

Bentley Systems Days Sales Outstanding Related Terms

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Bentley Systems (Bentley Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Bentley Systems Inc (NAS:BSY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BS81:Germany

Address

685 Stockton Drive, Exton, PA, USA, 19341

Website

https://www.bentley.com

Bentley Systems is a software vendor that caters to engineers, architects, constructors, and geospatial professionals by enabling design, modeling, simulation and project, and data management of infrastructure assets. The firm delivers solutions via the cloud, desktop, and hybrid environments. While Bentley is relatively small in comparison with peers like Autodesk, it shines in core specialty areas, like bridge or rail design, as opposed to being more broad-based in its applications. As of fiscal 2022, approximately 58% of revenue is derived from outside the U.S. (with 28% of revenue coming from EMEA and 18% coming from APAC as of fiscal 2022). Bentley's largest end market is the public works and utilities sector, which represents approximately two thirds of revenue.

Executives

Gregory S Bentley	director, 10 percent owner, officer: Chairman, CEO & President	C/O BENTLEY SYSTEMS INC, 685 STOCKTON RD, EXTON PA 19341
Michael M Campbell	officer: Chief Product Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Kirk B. Griswold	director	11 TROTTER WAY, COLLEGEVILLE PA 19426
Nicholas Cumins	officer: Chief Product Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
David R. Shaman	officer: Chief Legal Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Barry J. Bentley	director, 10 percent owner	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
David J. Hollister	officer: See Remarks	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Brock Ballard	officer: Chief Revenue Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Brian F. Hughes	director	124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Raymond B. Bentley	director, 10 percent owner, officer: Executive Vice President	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Gus Bergsma	officer: Chief Revenue Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Keith A. Bentley	director, 10 percent owner, officer: Chief Technology Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341
Richard P. Bentley	10 percent owner	C/O VIDEORAY LLC, 212 EAST HIGH STREET, POTTSTOWN PA 19464
Spt Invest Management Sarl	10 percent owner	21 RUE EDMOND REUTER, CONTERN N4 5326
Andre Werner	officer: Chief Accounting Officer	C/O BENTLEY SYSTEMS, INCORPORATED, 685 STOCKTON DRIVE, EXTON PA 19341