WM Technology (WM Technology) Days Sales Outstanding : 26.08 (As of Sep. 2023)

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What is WM Technology Days Sales Outstanding?

WM Technology's average Accounts Receivable for the three months ended in Sep. 2023 was $13.6 Mil. WM Technology's Revenue for the three months ended in Sep. 2023 was $47.7 Mil. Hence, WM Technology's Days Sales Outstanding for the three months ended in Sep. 2023 was 26.08.

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

MAPS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.27 Med: 25.49 Max: 29.63
Current: 28.61

During the past 4 years, WM Technology's highest Days Sales Outstanding was 29.63. The lowest was 21.27. And the median was 25.49.

MAPS's Days Sales Outstanding is ranked better than
86.88% of 2721 companies
in the Software industry
Industry Median: 62.03 vs MAPS: 28.61

WM Technology's Days Sales Outstanding declined from Sep. 2022 (39.70) to Sep. 2023 (26.08).

WM Technology Days Sales Outstanding Historical Data

The historical data trend for WM 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.

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WM Technology Days Sales Outstanding Chart

WM Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

21.27

25.49

29.63

WM Technology Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial										39.70	31.55	31.21	27.25	26.08

Competitive Comparison of WM Technology's Days Sales Outstanding

For the Software - Application subindustry, WM 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.

WM Technology's Days Sales Outstanding Distribution in the Software Industry

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

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

WM 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.

Accounts Receivable can be measured by Days Sales Outstanding.

WM Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (17.55	+	17.438)	/	2 )	/	215.531	*	365
=	17.494					/	215.531	*	365
=	29.63

WM Technology's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (14.971	+	12.314)	/	2 )	/	47.725	*	365 / 4
=	13.6425					/	47.725	*	365 / 4
=	26.08

WM Technology (NAS:MAPS) Days Sales Outstanding Explanation

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

WM Technology Days Sales Outstanding Related Terms

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WM Technology (WM Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WM Technology Inc (NAS:MAPS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

833:Germany

Address

41 Discovery, Irvine, CA, USA, 92618

Website

https://www.weedmaps.com

WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business.

Executives

Duncan Grazier	officer: Chief Technology Officer	C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Brian Camire	officer: General Counsel	41 DISCOVERY, IRVINE CA 92618
Olga Gonzalez	director	41 DISCOVERY, IRVINE CA 92618
Anthony Bay	director
Brenda Freeman	director	C/O HERMAN MILLER INC, 855 EAST MAIN AVE, ZEELAND MI 49426
Fiona Tan	director	41 DISCOVERY, IRVINE CA 92618
Scott Gordon	director, officer: CEO and Chairman	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Randa Mcminn	officer: Chief Marketing Officer	C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Mary Hoitt	officer: Interim CFO	C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Arden Lee	officer: Chief Financial Officer	41 DISCOVERY, IRVINE CA 92618
Juan Jose Feijoo-osorio	officer: Chief Marketing Officer	41 DISCOVERY, IRVINE CA 92618
Justin Dean	officer: CTO and CIO	41 DISCOVERY, IRVINE CA 92618
Christopher Beals	director, officer: Chief Executive Officer	41 DISCOVERY, IRVINE CA 92618
Justin Hartfield	director, 10 percent owner	2175 PALMER PLACE, TUSTIN CA 92782
Douglas Francis	director, 10 percent owner	49 DISCOVERY, STE 200, IRVINE CA 92618