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Tenable Holdings (Tenable Holdings) Days Sales Outstanding : 85.45 (As of Dec. 2023)


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What is Tenable Holdings Days Sales Outstanding?

Tenable Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $199.7 Mil. Tenable Holdings's Revenue for the three months ended in Dec. 2023 was $213.3 Mil. Hence, Tenable Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 85.45.

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

TENB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 79.07   Med: 85.75   Max: 105.86
Current: 79.07

During the past 8 years, Tenable Holdings's highest Days Sales Outstanding was 105.86. The lowest was 79.07. And the median was 85.75.

TENB's Days Sales Outstanding is ranked worse than
65.11% of 2726 companies
in the Software industry
Industry Median: 62.195 vs TENB: 79.07

Tenable Holdings's Days Sales Outstanding increased from Dec. 2022 (82.85) to Dec. 2023 (85.45).


Tenable Holdings Days Sales Outstanding Historical Data

The historical data trend for Tenable 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.

Tenable Holdings Days Sales Outstanding Chart

Tenable Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 83.94 87.13 84.97 86.53 93.09

Tenable Holdings 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 82.85 75.19 65.10 75.59 85.45

Competitive Comparison of Tenable Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, Tenable 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.


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

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

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



Tenable 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.

Tenable 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
=( (187.341 + 220.06) / 2 ) / 798.71*365
=203.7005 / 798.71*365
=93.09

Tenable 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
=( (179.432 + 220.06) / 2 ) / 213.306*365 / 4
=199.746 / 213.306*365 / 4
=85.45

* 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.


Tenable Holdings  (NAS:TENB) Days Sales Outstanding Explanation

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


Tenable Holdings Days Sales Outstanding Related Terms

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Tenable Holdings (Tenable Holdings) Business Description

Traded in Other Exchanges
Address
6100 Merriweather Drive, Columbia, MD, USA, 21044
Founded in 2002, Tenable is a cybersecurity company that began providing vulnerability management solutions under its Nessus software. In recent years, Tenable has expanded its portfolio to provide a broader range of exposure management modules. Solutions include cloud security and compliance, active directory management, operational technology security and advanced vulnerability analytics. The Maryland-based company went public in 2018.
Executives
Amit Yoran director, officer: President, CEO and Chairman C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Mark C. Thurmond officer: Chief Operating Officer C/O TENABLE HOLDINGS, INC.0, 6100 MERRIWEATHER DRIVE, 12TH FLOOR, COLUMBIA MD 21044
Stephen A Vintz officer: Chief Financial Officer 4296 FORBES BOULEVARD, LANHAM MD 20706
Linda Kay Zecher director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Margaret M Keane director 777 LONG RIDGE ROAD, SYNCHRONY FINANCIAL C/O CORP. SECRETARY, STAMFORD CT 06902
Raymond Jr. Vicks director C/O ACCESS GOHEALTH ONDEMAND, INC., 5555 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
George Alex Tosheff director 23 CORPORATE PLAZA, SUITE 280, NEWPORT BEACH CA 92660
Coviello Arthur W Jr director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Stephen A Riddick officer: General Counsel & Secretary C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Jerry M Kennelly director 199 FREMONT STREET, SAN FRANCISCO CA 94105
Niloofar Razi Howe director C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Ping Li director, 10 percent owner 428 UNIVERSITY AVENUE, PALO ALTO CA 94301
Kimberly Hammonds director 100 EAST DAVIE STREET, RALEIGH NC 27601
Insight Holdings Group, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036
Ivp Gp (venice), Llc 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104