DigitalOcean Holdings (DigitalOcean Holdings) Days Sales Outstanding : 30.88 (As of Dec. 2023)

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What is DigitalOcean Holdings Days Sales Outstanding?

DigitalOcean Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $61.2 Mil. DigitalOcean Holdings's Revenue for the three months ended in Dec. 2023 was $180.9 Mil. Hence, DigitalOcean Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 30.88.

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

DOCN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28 Med: 29.59 Max: 30.56
Current: 30.37

During the past 6 years, DigitalOcean Holdings's highest Days Sales Outstanding was 30.56. The lowest was 28.00. And the median was 29.59.

DOCN's Days Sales Outstanding is ranked better than
85.58% of 2725 companies
in the Software industry
Industry Median: 61.83 vs DOCN: 30.37

DigitalOcean Holdings's Days Sales Outstanding increased from Dec. 2022 (29.74) to Dec. 2023 (30.88).

DigitalOcean Holdings Days Sales Outstanding Historical Data

The historical data trend for DigitalOcean Holdings'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.

* Premium members only.

DigitalOcean Holdings Days Sales Outstanding Chart

DigitalOcean Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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29.72

28.00

28.84

29.59

30.56

DigitalOcean Holdings Quarterly Data
	Dec18	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial													29.74	30.06	30.10	30.23	30.88

Competitive Comparison of DigitalOcean Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, DigitalOcean Holdings'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.

DigitalOcean Holdings's Days Sales Outstanding Distribution in the Software Industry

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

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

DigitalOcean Holdings 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.

DigitalOcean Holdings'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
=	( (53.833	+	62.186)	/	2 )	/	692.884	*	365
=	58.0095					/	692.884	*	365
=	30.56

DigitalOcean Holdings'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (60.237	+	62.186)	/	2 )	/	180.874	*	365 / 4
=	61.2115					/	180.874	*	365 / 4
=	30.88

DigitalOcean Holdings (NYSE:DOCN) Days Sales Outstanding Explanation

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

DigitalOcean Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of DigitalOcean Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

DigitalOcean Holdings (DigitalOcean Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DigitalOcean Holdings Inc (NYSE:DOCN) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

0SU:Germany 0SU:Germany

Address

101 6th Avenue, New York, NY, USA, 10013

Website

https://www.digitalocean.com

DigitalOcean Holdings Inc is a cloud computing platform offering on-demand infrastructure and platform tools for developers, start-ups and small and medium-sized businesses. The customers use the platform for a wide range of cases, such as web and mobile applications, website hosting, e-commerce, media and gaming, personal web projects, and managed services, among many others. The group has a business presence in North America, Europe, Asia and Other countries.

Executives

Yancey L. Spruill	director, officer: Chief Executive Officer	1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Megan Wood	officer: Chief Strategy Officer	C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Jeffrey Scott Guy	officer: Chief Operating Officer	C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Warren Jenson	director	30 FREDRICK AVE, ATHERTON CA 94027
Harold Matthew Norman	officer: Chief People Officer	C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Christopher Merritt	director	C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Carly D Brantz	officer: Chief Marketing Officer	C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Alan Shapiro	officer: General Counsel
Amy S Butte	director	C/O L CATTERTON MANAGEMENT, 599 WEST PUTNAM AVENUE, GREENWICH CT 06830
Matt Steinfort	officer: Chief Financial Officer	1805 29TH STREET SUITE 2050, BOULDER CO 80301
Muhammad Aaqib Gadit	officer: Chief Revenue Officer	C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Gabriel Monroy	officer: Chief Product Officer	C/O DIGITALOCEAN HOLDINGS, INC., 101 6TH AVENUE, NEW YORK NY 10013
Adrienne Elizabeth Calderone	officer: SVP, Chief Accounting Officer	101 6TH AVENUE, NEW YORK NY 10013
Andreessen Horowitz Fund Iii, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ah Capital Management, L.l.c.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025