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Ribbon Communications (FRA:NU42) Days Sales Outstanding : 121.91 (As of Mar. 2024)


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What is Ribbon Communications Days Sales Outstanding?

Ribbon Communications's average Accounts Receivable for the three months ended in Mar. 2024 was €220.8 Mil. Ribbon Communications's Revenue for the three months ended in Mar. 2024 was €165.3 Mil. Hence, Ribbon Communications's Days Sales Outstanding for the three months ended in Mar. 2024 was 121.91.

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

FRA:NU42' s Days Sales Outstanding Range Over the Past 10 Years
Min: 76.15   Med: 111.97   Max: 123.34
Current: 109.64

During the past 13 years, Ribbon Communications's highest Days Sales Outstanding was 123.34. The lowest was 76.15. And the median was 111.97.

FRA:NU42's Days Sales Outstanding is ranked worse than
83.07% of 378 companies
in the Telecommunication Services industry
Industry Median: 56.94 vs FRA:NU42: 109.64

Ribbon Communications's Days Sales Outstanding declined from Mar. 2023 (128.73) to Mar. 2024 (121.91).


Ribbon Communications Days Sales Outstanding Historical Data

The historical data trend for Ribbon Communications'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.

Ribbon Communications Days Sales Outstanding Chart

Ribbon Communications 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 121.92 97.05 108.80 118.54 120.04

Ribbon Communications 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 128.73 110.75 110.37 103.96 121.91

Competitive Comparison of Ribbon Communications's Days Sales Outstanding

For the Telecom Services subindustry, Ribbon Communications'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.


Ribbon Communications's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ribbon Communications's Days Sales Outstanding distribution charts can be found below:

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



Ribbon Communications 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.

Ribbon Communications'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
=( (252.278 + 246.142) / 2 ) / 757.753*365
=249.21 / 757.753*365
=120.04

Ribbon Communications'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
=( (246.142 + 195.498) / 2 ) / 165.291*365 / 4
=220.82 / 165.291*365 / 4
=121.91

* 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.


Ribbon Communications  (FRA:NU42) Days Sales Outstanding Explanation

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


Ribbon Communications Days Sales Outstanding Related Terms

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Ribbon Communications (FRA:NU42) Business Description

Traded in Other Exchanges
Address
6500 Chase Oaks Boulevard, Suite 100, Plano, TX, USA, 75023
Ribbon Communications Inc provides network solutions primarily to telecommunications, wireless and cable service providers worldwide. It enables service providers and enterprises to modernize their communications networks and provide secure real-time communications solutions to their customers and employees. Its solutions enable its customers with a secure way to connect and leverage multivendor, multiprotocol communications systems and applications across their networks and the cloud, around the world and in a rapidly changing ecosystem of IP-enabled devices such as smartphones and tablets.

Ribbon Communications (FRA:NU42) Headlines

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