AXT (AXTI) Days Sales Outstanding

: 85.18 (As of Dec. 2023)

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AXT's average Accounts Receivable for the three months ended in Dec. 2023 was $19.07 Mil. AXT's Revenue for the three months ended in Dec. 2023 was $20.43 Mil. Hence, AXT's Days Sales Outstanding for the three months ended in Dec. 2023 was 85.18.

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

AXTI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.86 Med: 80.9 Max: 116.8
Current: 104.59

During the past 13 years, AXT's highest Days Sales Outstanding was 116.80. The lowest was 68.86. And the median was 80.90.

AXTI's Days Sales Outstanding is ranked worse than
82.48% of 976 companies
in the Semiconductors industry
Industry Median: 62.445 vs AXTI: 104.59

AXT's Days Sales Outstanding declined from Dec. 2022 (114.74) to Dec. 2023 (85.18).

AXT Days Sales Outstanding Historical Data

The historical data trend for AXT'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.

AXT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

84.65

83.42

78.90

82.89

116.80

AXT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding																114.74	118.96	101.09	101.78	85.18

Competitive Comparison

For the Semiconductor Equipment & Materials subindustry, AXT'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.

AXT Days Sales Outstanding Distribution

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

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

AXT 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.

AXT'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
=	( (29.252	+	19.256)	/	2 )	/	75.795	*	365
=	24.254					/	75.795	*	365
=	116.80

AXT's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (18.883	+	19.256)	/	2 )	/	20.429	*	365 / 4
=	19.0695					/	20.429	*	365 / 4
=	85.18

AXT (NAS:AXTI) Days Sales Outstanding Explanation

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

AXT Days Sales Outstanding Related Terms

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AXT (AXTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » AXT Inc (NAS:AXTI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

AHV:Germany

Address

4281 Technology Drive, Fremont, CA, USA, 94538

Website

http://www.axt.com

AXT Inc is a developer and producer of compound and single-element semiconductor substrates, also known as wafers. The dominant substrates used in producing semiconductor chips and other electronic circuits are made from silicon. It is engaged in the design, development, manufacture, and distribution of high-performance compound semiconductor substrates and the sale of materials. The company provides alternative or specialty materials in the form of substrates or wafers, including compound and single-element substrates. Its compound substrates combine indium with phosphorous or gallium with arsenic. Geographically firm has its business presence across the region of Europe, Japan, Taiwan, China, North America, and the Asia Pacific from which China derives its maximum revenue to the company.

Executives

Russell Christine	director	17165 PINE STREET, LOS GATOS CA 95032
Gary L Fischer	officer: Vice President, CFO & Corp Sec	4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Morris S Young	director, officer: Chief Executive Officer	4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Jesse Chen	director	18975 MONTE VISTA DR, SARATOGA CA 95070
David C Chang	director	C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 16TH FLOOR, NEW YORK NY 10023
Ni-pixel	director	4699 OLD IRONSIDE DRIVE, SUITE 300, SANTA CLARA CA 95054
Robert G Ochrym	officer: VP Business Development	4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Wilson Weicheng Lin	officer: Chief Operating Officer	4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Leonard J Leblanc	director
Davis Zhang	officer: President, JV Operations	AXT, INC 4281, TECHNOLOGY DRIVE, FREMONT CA 94538
Hong Q Hou	officer: Chief Operating Officer
Nai-yu Pai	director	2065 ACADIA CT, CUPERTINO CA 94014
Raymond Anthony Low	officer: Chief Financial Officer	25 SHADOW TREE CT, DANVILLE CA 94506
John J Cerilli	officer: VP Global Sales & Marketing	4281 TECHNOLOGY DRIVE, FREMONT CA 94538
Yin Philip C S	officer: Chief Executive Officer	4281 TECHNOLOGY DRIVE, FREMONT CA 94538