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Cloudflare (Cloudflare) Days Sales Outstanding : 55.61 (As of Mar. 2024)


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What is Cloudflare Days Sales Outstanding?

Cloudflare's average Accounts Receivable for the three months ended in Mar. 2024 was $231 Mil. Cloudflare's Revenue for the three months ended in Mar. 2024 was $379 Mil. Hence, Cloudflare's Days Sales Outstanding for the three months ended in Mar. 2024 was 55.61.

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

NET' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.05   Med: 41.22   Max: 55.85
Current: 53.68

During the past 8 years, Cloudflare's highest Days Sales Outstanding was 55.85. The lowest was 31.05. And the median was 41.22.

NET's Days Sales Outstanding is ranked better than
60% of 2725 companies
in the Software industry
Industry Median: 61.89 vs NET: 53.68

Cloudflare's Days Sales Outstanding increased from Mar. 2023 (51.62) to Mar. 2024 (55.61).


Cloudflare Days Sales Outstanding Historical Data

The historical data trend for Cloudflare'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.

Cloudflare Days Sales Outstanding Chart

Cloudflare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial 37.53 41.22 44.22 45.68 55.85

Cloudflare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 51.62 52.90 51.31 56.36 55.61

Competitive Comparison of Cloudflare's Days Sales Outstanding

For the Software - Infrastructure subindustry, Cloudflare'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.


Cloudflare's Days Sales Outstanding Distribution in the Software Industry

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

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



Cloudflare 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.

Cloudflare'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
=( (148.544 + 248.268) / 2 ) / 1296.745*365
=198.406 / 1296.745*365
=55.85

Cloudflare's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (248.268 + 213.183) / 2 ) / 378.602*365 / 4
=230.7255 / 378.602*365 / 4
=55.61

* 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.


Cloudflare  (NYSE:NET) Days Sales Outstanding Explanation

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


Cloudflare Days Sales Outstanding Related Terms

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Cloudflare (Cloudflare) Business Description

Traded in Other Exchanges
Address
101 Townsend Street, San Francisco, CA, USA, 94107
Cloudflare is a software company based in San Francisco, California, that offers security and web performance offerings by utilizing a distributed, serverless content delivery network, or CDN. The firm's edge computing platform, Workers, leverages this network by providing clients the ability to deploy, and execute code without maintaining servers.
Executives
Michelle Zatlyn director, officer: Chief Operating Officer C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Thomas J Seifert officer: Chief Financial Officer 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Carl Ledbetter director, 10 percent owner 2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121
Matthew Prince director, 10 percent owner, officer: CEO and Chair of the Board C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Douglas James Kramer officer: General Counsel C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Scott D Sandell director, 10 percent owner
Katrin Suder director C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Janel Riley officer: Chief Accounting Officer C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Paul D. Underwood officer: Chief Accounting Officer C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Maria S Eitel director C/O CLOUDFLARE, INC., 101 TOWNSEND STREET, SAN FRANCISCO CA 94107
Stanley J Meresman director 2071 HUNTINGTON LANE, LOS ALTOS CA 94024
Forest Baskett 10 percent owner
Patrick J Kerins 10 percent owner
Venrock Associates V Lp 10 percent owner 3340 HILLVIEW AVENUE, PALO ALTO CA 94304