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LifeWorks (LifeWorks) Days Sales Outstanding : 49.76 (As of Jun. 2022)


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What is LifeWorks Days Sales Outstanding?

LifeWorks's average Accounts Receivable for the three months ended in Jun. 2022 was $111.5 Mil. LifeWorks's Revenue for the three months ended in Jun. 2022 was $204.4 Mil. Hence, LifeWorks's Days Sales Outstanding for the three months ended in Jun. 2022 was 49.76.

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

MSIXF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 37.12   Med: 42.55   Max: 48.97
Current: 44.63

During the past 13 years, LifeWorks's highest Days Sales Outstanding was 48.97. The lowest was 37.12. And the median was 42.55.

MSIXF's Days Sales Outstanding is not ranked
in the Software industry.
Industry Median: 62.175 vs MSIXF: 44.63

LifeWorks's Days Sales Outstanding increased from Jun. 2021 (36.89) to Jun. 2022 (49.76).


LifeWorks Days Sales Outstanding Historical Data

The historical data trend for LifeWorks'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.

LifeWorks Days Sales Outstanding Chart

LifeWorks Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.54 43.81 42.48 38.09 38.36

LifeWorks Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 36.89 43.09 41.73 44.16 49.76

Competitive Comparison of LifeWorks's Days Sales Outstanding

For the Software - Application subindustry, LifeWorks'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.


LifeWorks's Days Sales Outstanding Distribution in the Software Industry

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

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



LifeWorks 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.

LifeWorks's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

Days Sales Outstanding (A: Dec. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )*Days in Period
=( (75.868 + 91.521) / 2 ) / 796.366*365
=83.6945 / 796.366*365
=38.36

LifeWorks's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding (Q: Jun. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )*Days in Period
=( (106.528 + 116.436) / 2 ) / 204.444*365 / 4
=111.482 / 204.444*365 / 4
=49.76

* 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.


LifeWorks  (OTCPK:MSIXF) Days Sales Outstanding Explanation

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


LifeWorks Days Sales Outstanding Related Terms

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LifeWorks (LifeWorks) Business Description

Traded in Other Exchanges
N/A
Address
895 Don Mills Road, Suite 700, One Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3
LifeWorks Inc is engaged in delivering technology-enabled solutions that help clients support the total wellbeing of their people and build organizational resiliency. Its solutions span employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement consulting, actuarial and investment services.

LifeWorks (LifeWorks) Headlines

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