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Rimini Street's average Accounts Receivable for the three months ended in Dec. 2024 was $98.9 Mil. Rimini Street's Revenue for the three months ended in Dec. 2024 was $114.2 Mil. Hence, Rimini Street's Days Sales Outstanding for the three months ended in Dec. 2024 was 79.01.
The historical rank and industry rank for Rimini Street's Days Sales Outstanding or its related term are showing as below:
During the past 10 years, Rimini Street's highest Days Sales Outstanding was 128.18. The lowest was 82.23. And the median was 109.99.
Rimini Street's Days Sales Outstanding increased from Dec. 2023 (73.51) to Dec. 2024 (79.01).
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.
Rimini Street Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Days Sales Outstanding | Get a 7-Day Free Trial |
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128.18 | 123.50 | 112.06 | 99.61 | 106.50 |
Rimini Street Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Days Sales Outstanding | Get a 7-Day Free Trial |
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73.51 | 84.72 | 73.33 | 67.11 | 79.01 |
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.
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.
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. 2024 is calculated as
Days Sales Outstanding (A: Dec. 2024 ) | |||||||||
= | Average Accounts Receivable | / | Revenue | * | Days in Period | ||||
= | ( (Accounts Receivable (A: Dec. 2023 ) | + | Accounts Receivable (A: Dec. 2024 )) | / | count ) | / | Revenue (A: Dec. 2024 ) | * | Days in Period |
= | ( (119.43 | + | 130.784) | / | 2 ) | / | 428.753 | * | 365 |
= | 125.107 | / | 428.753 | * | 365 | ||||
= | 106.50 |
Rimini Street's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:
Days Sales Outstanding (Q: Dec. 2024 ) | |||||||||
= | Average Accounts Receivable | / | Revenue | * | Days in Period | ||||
= | ( (Accounts Receivable (A: Sep. 2024 ) | + | Accounts Receivable (A: Dec. 2024 )) | / | count ) | / | Revenue (A: Dec. 2024 ) | * | Days in Period |
= | ( (66.996 | + | 130.784) | / | 2 ) | / | 114.213 | * | 365 / 4 |
= | 98.89 | / | 114.213 | * | 365 / 4 | ||||
= | 79.01 |
* 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.
Thank you for viewing the detailed overview of Rimini Street's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
David W. Rowe | officer: SVP & CMO | 3993 HOWARD HUGHES PARKWAY, SUITE 780, LAS VEGAS NV 89169 |
Seth A. Ravin | director, 10 percent owner, officer: CEO and Chairman of the Board | 3993 HOWARD HUGHES PARKWAY, SUITE 780, 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 |
Michael L. Perica | officer: EVP & Chief Financial Officer | C/O 3993 HOWARD HUGHES PARKWAY, SUITE 500, LAS VEGAS NV 89169 |
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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 |
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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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