Moving iMage Technologies (Moving iMage Technologies) Days Sales Outstanding

: 44.44 (As of Dec. 2023)

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Moving iMage Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $1.59 Mil. Moving iMage Technologies's Revenue for the three months ended in Dec. 2023 was $3.27 Mil. Hence, Moving iMage Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 44.44.

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

MITQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.04 Med: 31.62 Max: 37.79
Current: 24.38

During the past 6 years, Moving iMage Technologies's highest Days Sales Outstanding was 37.79. The lowest was 22.04. And the median was 31.62.

MITQ's Days Sales Outstanding is ranked better than
95.48% of 2456 companies
in the Hardware industry
Industry Median: 75.235 vs MITQ: 24.38

Moving iMage Technologies's Days Sales Outstanding increased from Dec. 2022 (29.85) to Dec. 2023 (44.44).

Moving iMage Technologies Days Sales Outstanding Historical Data

The historical data trend for Moving iMage Technologies'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.

Moving iMage Technologies Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

37.79

32.75

31.81

22.04

24.09

Moving iMage Technologies 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																29.85	29.25	14.89	20.26	44.44

Competitive Comparison

For the Communication Equipment subindustry, Moving iMage Technologies'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.

Moving iMage Technologies Days Sales Outstanding Distribution

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

* The bar in red indicates where Moving iMage Technologies's Days Sales Outstanding falls into.

Moving iMage Technologies 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.

Moving iMage Technologies's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.762	+	0.905)	/	2 )	/	20.207	*	365
=	1.3335					/	20.207	*	365
=	24.09

Moving iMage Technologies'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
=	( (2.042	+	1.138)	/	2 )	/	3.265	*	365 / 4
=	1.59					/	3.265	*	365 / 4
=	44.44

Moving iMage Technologies (AMEX:MITQ) Days Sales Outstanding Explanation

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

Moving iMage Technologies Days Sales Outstanding Related Terms

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Moving iMage Technologies (Moving iMage Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Moving iMage Technologies Inc (AMEX:MITQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

17760 Newhope Street, Fountain Valley, CA, USA, 92708

Website

http://www.movingimagetech.com

Moving iMage Technologies Inc is engaged in providing designed equipment as well as other off the shelf cinema products needed for contemporary cinema requirements. It offers technical, design and consulting services such as custom engineering, systems design, integration and installation, and digital technology, as well as software solutions for operations enhancement and theatre management.

Executives

William F Greene	officer: Interim CFO	12220 EL CAMINO REAL #410, CARLSBAD CA 92130
Philip L. Rafnson	director, 10 percent owner, officer: CEO, Pres.	17760 NEWHOPE STREET, IRVINE CA 92708
Bevan Wright	officer: EVP Operations	17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
John Stiska	director
Katherine D Crothall	director	2425 S. BLUE CRANE DRIVE, JACKSON WY 83001
Jose Delgado	officer: EVP Sales & Marketing	11760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Michael R. Sherman	officer: CFO	17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92708
Scott Lloyd Anderson	director	17760 NEWHOPE STREET, FOUNTAIN VALLEY CA 92075
Sound Management Investors, Llc	10 percent owner	11109 XYLON AVENUE S, BLOOMINGTON MN 55438