GURUFOCUS.COM » STOCK LIST » Technology » Software » RingCentral Inc (NYSE:RNG) » Definitions » Days Sales Outstanding

RingCentral (RingCentral) Days Sales Outstanding : 43.57 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is RingCentral Days Sales Outstanding?

RingCentral's average Accounts Receivable for the three months ended in Dec. 2023 was $273 Mil. RingCentral's Revenue for the three months ended in Dec. 2023 was $571 Mil. Hence, RingCentral's Days Sales Outstanding for the three months ended in Dec. 2023 was 43.57.

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

RNG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.75   Med: 36.5   Max: 43.35
Current: 42.25

During the past 13 years, RingCentral's highest Days Sales Outstanding was 43.35. The lowest was 6.75. And the median was 36.50.

RNG's Days Sales Outstanding is ranked better than
74.58% of 2726 companies
in the Software industry
Industry Median: 62.175 vs RNG: 42.25

RingCentral's Days Sales Outstanding increased from Dec. 2022 (38.56) to Dec. 2023 (43.57).


RingCentral Days Sales Outstanding Historical Data

The historical data trend for RingCentral'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.

RingCentral Days Sales Outstanding Chart

RingCentral Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.92 40.63 39.13 40.00 43.35

RingCentral Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.56 41.56 41.15 41.52 43.57

Competitive Comparison of RingCentral's Days Sales Outstanding

For the Software - Application subindustry, RingCentral'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.


RingCentral's Days Sales Outstanding Distribution in the Software Industry

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

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



RingCentral 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.

RingCentral'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
=( (242.65 + 280.544) / 2 ) / 2202.429*365
=261.597 / 2202.429*365
=43.35

RingCentral'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
=( (264.968 + 280.544) / 2 ) / 571.271*365 / 4
=272.756 / 571.271*365 / 4
=43.57

* 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.


RingCentral  (NYSE:RNG) Days Sales Outstanding Explanation

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


RingCentral Days Sales Outstanding Related Terms

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


RingCentral (RingCentral) Business Description

Traded in Other Exchanges
Address
20 Davis Drive, Belmont, CA, USA, 94002
RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a standalone video meetings solution, and webinars.
Executives
Sonalee Elizabeth Parekh officer: Chief Financial Officer 767 FIFTH AVENUE, NEW YORK NY 10153
Vladimir Shmunis director, 10 percent owner, officer: CEO and Chairman C/O RINGCENTRAL, INC., 20 DAVIS DRIVE, BELMONT CA 94002
John H Marlow officer: SVP & General Counsel C/O RINGCENTRAL, INC, 20 DAVIS DRIVE, BELMONT CA 94002
Vaibhav Agarwal officer: Chief Accounting Officer 20 DAVIS DRIVE, BELMONT CA 94002
Mohammed Katibeh officer: Chief Operating Officer 20 DAVIS DRIVE, BELMONT CA 94002
Tarek Robbiati director 6200 SPRINT PARKWAY, OVERLAND PARK KS 66251
Sri Srinivasan director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065
Mitesh Dhruv officer: CFO 34601 CASCADES CIRCLE, UNION CITY CA 94587
Anand Eswaran officer: President & COO 20 DAVIS DRIVE, BELMONT CA 94002
R Neil Williams director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Praful Shah officer: SVP, Strategy C/O RINGCENTRAL, INC., 1400 FASHION ISLAND BLVD, 7TH FLOOR, SAN MATEO CA 94404
Robert I Theis director
Godfrey Sullivan director SPLUNK INC., 250 BRANNAN STREET, SAN FRANCISCO CA 94107
Arne Duncan director 182 N. UNION AVENUE, FARMINGTON UT 84025
Allan C. Thygesen director 20 DAVIS DRIVE, BELMONT CA 94002