Ciscom (XCNQ:CISC) Days Sales Outstanding : 71.81 (As of Mar. 2024)

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What is Ciscom Days Sales Outstanding?

Ciscom's average Accounts Receivable for the three months ended in Mar. 2024 was C$5.80 Mil. Ciscom's Revenue for the three months ended in Mar. 2024 was C$7.37 Mil. Hence, Ciscom's Days Sales Outstanding for the three months ended in Mar. 2024 was 71.81.

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

XCNQ:CISC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.67 Med: 98.31 Max: 200.88
Current: 45.67

During the past 4 years, Ciscom's highest Days Sales Outstanding was 200.88. The lowest was 45.67. And the median was 98.31.

XCNQ:CISC's Days Sales Outstanding is ranked better than
70.56% of 2734 companies
in the Software industry
Industry Median: 61.83 vs XCNQ:CISC: 45.67

Ciscom's Days Sales Outstanding increased from Mar. 2023 (68.48) to Mar. 2024 (71.81).

Ciscom Days Sales Outstanding Historical Data

The historical data trend for Ciscom'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.

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Ciscom Days Sales Outstanding Chart

Ciscom Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

200.88

98.31

74.87

Ciscom Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								68.48	48.27	43.36	34.07	71.81

Competitive Comparison of Ciscom's Days Sales Outstanding

For the Information Technology Services subindustry, Ciscom'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.

Ciscom's Days Sales Outstanding Distribution in the Software Industry

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

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

Ciscom 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.

Ciscom'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
=	( (7.331	+	7.093)	/	2 )	/	35.16	*	365
=	7.212					/	35.16	*	365
=	74.87

Ciscom'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
=	( (7.093	+	4.504)	/	2 )	/	7.368	*	365 / 4
=	5.7985					/	7.368	*	365 / 4
=	71.81

Ciscom (XCNQ:CISC) Days Sales Outstanding Explanation

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

Ciscom Days Sales Outstanding Related Terms

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Ciscom (XCNQ:CISC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ciscom Corp (XCNQ:CISC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CISCF:USA

Address

20 Bay Street, Suite 1110, Toronto, ON, CAN, M5J 2N8

Website

https://www.ciscomcorp.com

Ciscom Corp is a Roll-Up company active in the information and communication technology and focused on technology driven marketing/advertising, documents processing and content management organizations. The Company's principal business is managing, investing in and acquiring operating companies in the Information, Communication and Technology sector and assuming an active role in the management of these companies to mitigate risk and maximize growth.

Executives

Paul Raymond Gaynor

Director

Ciscom (XCNQ:CISC) Headlines

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