Confluent's average Accounts Receivable for the
three
months ended in Dec. 2023 was $174.5 Mil. Confluent's Revenue for the
three
months ended in Dec. 2023 was $213.2 Mil.
Hence, Confluent's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 74.69.
The historical rank and industry rank for Confluent's Days Sales Outstanding or its related term are showing as below:
CFLT'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.74 Med: 99.36 Max: 158.54
Current: 73.27
During the past 5 years, Confluent's highest Days Sales Outstanding was 158.54. The lowest was 68.74. And the median was 99.36.
CFLT's Days Sales Outstanding is ranked worse than 60.56% of 2723
companies
in the Software industry
Industry Median: 62.17
vs CFLT: 73.27
Confluent's Days Sales Outstanding
increased
from Dec. 2022 (73.01) to Dec. 2023 (74.69).
Confluent Days Sales Outstanding Historical Data
The historical data trend for Confluent'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.
For the Software - Infrastructure subindustry, Confluent'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.
Confluent Days Sales Outstanding Distribution
For the Software industry and Technology sector, Confluent's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Confluent's Days Sales Outstanding falls into.
Confluent 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.
Confluent (NAS:CFLT) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Confluent Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Confluent's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Confluent Inc is a new category of data infrastructure designed to connect all the applications, systems, and data layers of a company around a real-time central nervous system. Its products include Confluent Platform; Connectors; ksqlDB and others. The company generates revenue from the sale of subscriptions and services. Geographically, it derives a majority of its revenue from the United States. It provides solutions to Financial Services; Insurance; Retail and eCommerce; Automotive; Government and other sectors.
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