Rapid7's average Accounts Receivable for the
three
months ended in Dec. 2023 was $151.3 Mil. Rapid7's Revenue for the
three
months ended in Dec. 2023 was $205.3 Mil.
Hence, Rapid7's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 67.25.
The historical rank and industry rank for Rapid7's Days Sales Outstanding or its related term are showing as below:
RPD'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.42 Med: 98.73 Max: 114.88
Current: 66.42
During the past 12 years, Rapid7's highest Days Sales Outstanding was 114.88. The lowest was 66.42. And the median was 98.73.
RPD's Days Sales Outstanding is ranked worse than 54.58% of 2721
companies
in the Software industry
Industry Median: 62.03
vs RPD: 66.42
Rapid7's Days Sales Outstanding
declined
from Dec. 2022 (67.53) to Dec. 2023 (67.25).
Rapid7 Days Sales Outstanding Historical Data
The historical data trend for Rapid7'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.
Competitive Comparison of Rapid7's Days Sales Outstanding
For the Software - Infrastructure subindustry, Rapid7'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.
Rapid7's Days Sales Outstanding Distribution in the Software Industry
For the Software industry and Technology sector, Rapid7's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Rapid7's Days Sales Outstanding falls into.
Rapid7 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.
* 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.
Rapid7 (NAS:RPD) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Rapid7 Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Rapid7's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2000, Rapid7 is a cybersecurity company that began providing vulnerability management solutions. It has, however, expanded its portfolio to provide extended detection and response, or XDR; security information and event management, or SIEM; cloud security, threat intelligence, and application security; and security orchestration, automation, and response, or SOAR. The Boston-based company went public in 2015.
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