Align Technology's average Accounts Receivable for the
three
months ended in Dec. 2023 was $904 Mil. Align Technology's Revenue for the
three
months ended in Dec. 2023 was $957 Mil.
Hence, Align Technology's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 86.20.
The historical rank and industry rank for Align Technology's Days Sales Outstanding or its related term are showing as below:
ALGN'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.23 Med: 71.31 Max: 89.18
Current: 84.3
During the past 13 years, Align Technology's highest Days Sales Outstanding was 89.18. The lowest was 58.23. And the median was 71.31.
ALGN's Days Sales Outstanding is ranked worse than 70.26% of 807
companies
in the Medical Devices & Instruments industry
Industry Median: 63.94
vs ALGN: 84.30
Align Technology's Days Sales Outstanding
declined
from Dec. 2022 (87.01) to Dec. 2023 (86.20).
Align Technology Days Sales Outstanding Historical Data
The historical data trend for Align Technology'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 Align Technology's Days Sales Outstanding
For the Medical Devices subindustry, Align Technology'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.
Align Technology's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Align Technology's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Align Technology's Days Sales Outstanding falls into.
Align Technology 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.
Align Technology (NAS:ALGN) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Align Technology Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Align Technology's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Align Technology (Align Technology) Business Description
Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the FDA in 1998, and it has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients' teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans and iTero scans make up over half of these scans.
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