Minim (MINM) Days Sales Outstanding : 115.31 (As of Dec. 2023)

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What is Minim Days Sales Outstanding?

Minim's average Accounts Receivable for the three months ended in Dec. 2023 was $1.85 Mil. Minim's Revenue for the three months ended in Dec. 2023 was $1.46 Mil. Hence, Minim's Days Sales Outstanding for the three months ended in Dec. 2023 was 115.31.

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

MINM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 24.18 Med: 34.88 Max: 53.46
Current: 32.39

During the past 13 years, Minim's highest Days Sales Outstanding was 53.46. The lowest was 24.18. And the median was 34.88.

MINM's Days Sales Outstanding is ranked better than
91.91% of 2461 companies
in the Hardware industry
Industry Median: 74.36 vs MINM: 32.39

Minim's Days Sales Outstanding increased from Dec. 2022 (38.51) to Dec. 2023 (115.31).

Minim Days Sales Outstanding Historical Data

The historical data trend for Minim'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.

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Minim Days Sales Outstanding Chart

Minim Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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33.15

50.48

46.38

27.54

24.18

Minim 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	Get a 7-Day Free Trial															38.51	25.26	32.51	33.60	115.31

Competitive Comparison of Minim's Days Sales Outstanding

For the Communication Equipment subindustry, Minim'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.

Minim's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Minim 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.

Minim'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
=	( (2.758	+	0.701)	/	2 )	/	26.106	*	365
=	1.7295					/	26.106	*	365
=	24.18

Minim'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
=	( (2.999	+	0.701)	/	2 )	/	1.464	*	365 / 4
=	1.85					/	1.464	*	365 / 4
=	115.31

Minim (NAS:MINM) Days Sales Outstanding Explanation

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

Minim Days Sales Outstanding Related Terms

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Minim (MINM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Minim Inc (NAS:MINM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

3EM0:Germany

Address

848 Elm Street, Manchester, NH, USA, 03101

Website

https://www.minim.com

Minim Inc manufactures communications equipment. The company delivers smart software-driven communications products under the Motorola brand. Its hardware products include cable modems, cable modems/routers, mobile broadband modems, wireless routers, MoCA adapters, and mesh home networking devices. Geographically, it generates nearly all of its revenue from North America.

Executives

Elizabeth Cash Hitchcock	director, 10 percent owner	848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Jeremy P. Hitchcock	director, 10 percent owner	848 ELM STREET, 2ND FLOOR, MANCHESTER NH 03101
Andrew F. Papanicolau	director	848 ELM STREET, MANCHESTER NH 03101
Mehul A Patel	officer: Chief Financial Officer	3770 BLACKBURN COURT, CHALFONT PA 18914
Dustin Tacker	officer: Interim Chief Acctng. Officer	224 ATLANTIC ST, GLOUCESTER MA 01930
Daniel A Artusi	director	5966 LA PLACE COURT, SUITE 100, CARLSBAD CA 92008
Hitchcock Elizabeth Sarah Cash	director, 10 percent owner	101 ARCH STREET, BOSTON MA 02110
Sandra Kaye Howe	director	101 ARCH STREET, BOSTON MA 02110
David Bradley Aronoff	director	101 ARCH STREET, BOSTON MA 02110
Graham James Chynoweth	director, officer: Chief Executive Officer	101 ARCH STREET, BOSTON MA 02110
Joshua Horowitz	director	72-38 113TH STREET, APARTMENT 3L, FOREST HILLS NY 11375
Sean Patrick Doherty	officer: Chief Financial Officer	101 ARCH STREET, BOSTON MA 02110
Nicole Elisabeth Zheng	officer: President & CMO	101 ARCH STREET, BOSTON MA 02110
John Lauten	officer: Chief Operating Officer	848 ELM STREET, MANCHESTER NH 03101
Terry Manning	officer: VP of Sales & Marketing