Sphere 3D (Sphere 3D) Days Sales Outstanding

: 1.95 (As of Dec. 2023)

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Sphere 3D's average Accounts Receivable for the three months ended in Dec. 2023 was $0.16 Mil. Sphere 3D's Revenue for the three months ended in Dec. 2023 was $7.69 Mil. Hence, Sphere 3D's Days Sales Outstanding for the three months ended in Dec. 2023 was 1.95.

The historical rank and industry rank for Sphere 3D's Days Sales Outstanding or its related term are showing as below:

ANY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.81 Med: 54.57 Max: 419.71
Current: 2.81

During the past 13 years, Sphere 3D's highest Days Sales Outstanding was 419.71. The lowest was 2.81. And the median was 54.57.

ANY's Days Sales Outstanding is ranked better than
98.94% of 2725 companies
in the Software industry
Industry Median: 62.18 vs ANY: 2.81

Sphere 3D's Days Sales Outstanding declined from Dec. 2022 (12.52) to Dec. 2023 (1.95).

Sphere 3D Days Sales Outstanding Historical Data

The historical data trend for Sphere 3D'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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Sphere 3D Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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49.43

23.83

21.83

10.66

2.90

Sphere 3D 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															12.52	4.72	2.40	2.49	1.95

Competitive Comparison

For the Software - Application subindustry, Sphere 3D'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.

Sphere 3D Days Sales Outstanding Distribution

For the Software industry and Technology sector, Sphere 3D's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sphere 3D's Days Sales Outstanding falls into.

Sphere 3D 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.

Sphere 3D'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
=	( (0.174	+	0)	/	1 )	/	21.906	*	365
=	0.174					/	21.906	*	365
=	2.90

Sphere 3D'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
=	( (0.164	+	0)	/	1 )	/	7.69	*	365 / 4
=	0.164					/	7.69	*	365 / 4
=	1.95

Sphere 3D (NAS:ANY) Days Sales Outstanding Explanation

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

Sphere 3D Days Sales Outstanding Related Terms

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Sphere 3D (Sphere 3D) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sphere 3D Corp (NAS:ANY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8S3:Germany

Address

4 Greenwich Office Park, Suite 100, 1st Floor, Greenwich, CT, USA, 06831

Website

https://www.sphere3d.com

Sphere 3D Corp provides solutions for stand-alone storage and technologies that converge the traditional silos of compute, storage, and network into integrated hyper-converged or converged solution. Its Disk systems include HVE Converged and Hyper-converged Infrastructure. It generates the majority of its revenue from the services it offers. All of its revenue comes from the Americas. The Company has two operating segments: Digital Mining and Service and Product. The Digital Mining segment generates revenue from the digital currency, it earns through its bitcoin mining activities. The Service and Product segment generates revenue from long-term customer contracts for service contracts and extended service contract and the sale of products related to the Company's data storage product line.

Executives

Kurt L. Kalbfleisch	officer: SVP and CFO	C/O OVERLAND STORAGE, INC., 4820 OVERLAND AVENUE, SAN DIEGO CA 92123
Joseph O'daniel	officer: President	100 EXECUTIVE CT. , SUITE 2, WAXAHACHIE TX 75165
Patricia Trompeter	director, officer: CEO	309 LUKES WOOD ROAD, NEW CANAAN CT 06840
Duncan J Mcewan	director	SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Timothy P. Hanley	director	9796 NICKEL RIDGE CIRCLE, NAPLES FL 34120
David C. Danziger	director	717 WAREHOUSE STREET, LOS ANGELES CA 90021
Sue Harnett	director	P.O. BOX 195115, SAN JUAN PR 00919-5115
Vivekanand Mahadevan	director	OVERLAND STORAGE, INC., 9112 SPECTRUM CENTER BLVD., SAN DIEGO CA 92123
Mf Ventures, Llc	10 percent owner	201 SPEAR STREET, 14TH FLOOR, SAN FRANCISCO CA 94105
Cyrus Capital Partners, L.p.	10 percent owner	65 EAST 55 STREET, 35TH FLOOR, NEW YORK NY 10022
Fbc Holdings S.a.r.l.	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Stephen C Freidheim	10 percent owner	C/O CYRUS CAPITAL PARTNERS, L.P., 65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Cyrus Capital Partners Gp, Llc	10 percent owner	65 EAST 55TH STREET, 35TH FLOOR, NEW YORK NY 10022
Jenny C Yeh	officer: SVP & General Counsel	SPHERE 3D CORP, 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Eric Kelly	director, officer: CEO & Chairman	691 S. MILPITAS BLVD, MILPITAS CA 95035