Conduent's average Accounts Receivable for the
three
months ended in Mar. 2024 was $580 Mil. Conduent's Revenue for the
three
months ended in Mar. 2024 was $921 Mil.
Hence, Conduent's Days Sales Outstanding for the
three
months ended in Mar. 2024 was 57.42.
The historical rank and industry rank for Conduent's Days Sales Outstanding or its related term are showing as below:
CNDT'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 55.47 Med: 58.45 Max: 64.49
Current: 57.76
During the past 11 years, Conduent's highest Days Sales Outstanding was 64.49. The lowest was 55.47. And the median was 58.45.
CNDT's Days Sales Outstanding is ranked better than 54.77% of 2733
companies
in the Software industry
Industry Median: 61.68
vs CNDT: 57.76
Conduent's Days Sales Outstanding
declined
from Mar. 2023 (60.37) to Mar. 2024 (57.42).
Conduent Days Sales Outstanding Historical Data
The historical data trend for Conduent'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.
Competitive Comparison of Conduent's Days Sales Outstanding
For the Information Technology Services subindustry, Conduent'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.
Conduent's Days Sales Outstanding Distribution in the Software Industry
For the Software industry and Technology sector, Conduent's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Conduent's Days Sales Outstanding falls into.
Conduent 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.
Conduent (NAS:CNDT) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Conduent Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Conduent's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas of which the majority of its revenue is generated in the United States.
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