Cirata (Cirata) Days Sales Outstanding : 69.52 (As of Dec. 2023)

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What is Cirata Days Sales Outstanding?

Cirata's average Accounts Receivable for the six months ended in Dec. 2023 was $1.41 Mil. Cirata's Revenue for the six months ended in Dec. 2023 was $3.70 Mil. Hence, Cirata's Days Sales Outstanding for the six months ended in Dec. 2023 was 69.52.

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

WANSF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.96 Med: 94.03 Max: 160.97
Current: 70.82

During the past 13 years, Cirata's highest Days Sales Outstanding was 160.97. The lowest was 39.96. And the median was 94.03.

WANSF's Days Sales Outstanding is ranked worse than
58.87% of 2735 companies
in the Software industry
Industry Median: 61.83 vs WANSF: 70.82

Cirata's Days Sales Outstanding declined from Dec. 2022 (318.83) to Dec. 2023 (69.52).

Cirata Days Sales Outstanding Historical Data

The historical data trend for Cirata'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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Cirata Days Sales Outstanding Chart

Cirata Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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51.77

140.22

162.39

41.83

76.68

Cirata Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															52.37	213.72	318.83	63.56	69.52

Competitive Comparison of Cirata's Days Sales Outstanding

For the Software - Application subindustry, Cirata'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.

Cirata's Days Sales Outstanding Distribution in the Software Industry

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

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

Cirata 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.

Cirata'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
=	( (1.038	+	1.775)	/	2 )	/	6.695	*	365
=	1.4065					/	6.695	*	365
=	76.68

Cirata'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.046	+	1.775)	/	2 )	/	3.703	*	365 / 2
=	1.4105					/	3.703	*	365 / 2
=	69.52

Cirata (OTCPK:WANSF) Days Sales Outstanding Explanation

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

Cirata Days Sales Outstanding Related Terms

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Cirata (Cirata) Business Description

Industry

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Address

1-13 Angel Street, Castle House, Sheffield, GBR, S3 8LN

Website

https://www.cirata.com

Cirata Plc is a provider of collaboration software to the software development industry. It offers Active Data Replication, a patented technology that enables the replication of continuously changing data to the cloud and on-premises data centers. The company primarily serves the big data and source code management markets. In addition, the company offers cloud migration, cloud replication, data lakes, developer collaboration, real-time analytics, and the internet of things. The company currently operates in three geographical markets: North America, Europe, and the Rest of the World. The company's largest end market by revenue in North America.