Everspin Technologies (Everspin Technologies) Days Sales Outstanding : 78.17 (As of Mar. 2024)

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What is Everspin Technologies Days Sales Outstanding?

Everspin Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was $12.36 Mil. Everspin Technologies's Revenue for the three months ended in Mar. 2024 was $14.43 Mil. Hence, Everspin Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.17.

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

MRAM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30 Med: 47.24 Max: 63.34
Current: 63.34

During the past 10 years, Everspin Technologies's highest Days Sales Outstanding was 63.34. The lowest was 30.00. And the median was 47.24.

MRAM's Days Sales Outstanding is ranked worse than
51.43% of 982 companies
in the Semiconductors industry
Industry Median: 62.545 vs MRAM: 63.34

Everspin Technologies's Days Sales Outstanding increased from Mar. 2023 (65.92) to Mar. 2024 (78.17).

Everspin Technologies Days Sales Outstanding Historical Data

The historical data trend for Everspin 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.

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Everspin Technologies Days Sales Outstanding Chart

Everspin Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.05

56.64

52.06

56.70

62.93

Everspin Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															65.92	58.16	53.46	59.15	78.17

Competitive Comparison of Everspin Technologies's Days Sales Outstanding

For the Semiconductors subindustry, Everspin 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.

Everspin Technologies's Days Sales Outstanding Distribution in the Semiconductors Industry

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

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

Everspin 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.

Everspin Technologies'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
=	( (10.498	+	11.489)	/	2 )	/	63.765	*	365
=	10.9935					/	63.765	*	365
=	62.93

Everspin Technologies's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (11.489	+	13.234)	/	2 )	/	14.43	*	365 / 4
=	12.3615					/	14.43	*	365 / 4
=	78.17

Everspin Technologies (NAS:MRAM) Days Sales Outstanding Explanation

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

Everspin Technologies Days Sales Outstanding Related Terms

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Everspin Technologies (Everspin Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Everspin Technologies Inc (NAS:MRAM) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

E5N:Germany

Address

5670 W. Chandler Boulevard, Suite 130, Chandler, AZ, USA, 85226

Website

https://www.everspin.com

Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA); and Asia-Pacific (APAC).

Executives

Sanjeev Aggarwal	officer: Vice President, Technology R&D	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Anuj Aggarwal	officer: Interim CFO	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
David Schrenk	officer: VP Sales and Business	C/O EVERSPIN TECHNOLOGIES, INC., 5670 CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Darin G Billerbeck	director, officer: Interim CEO	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Geoffrey G Ribar	director
Michael B Gustafson	director	380 INTERLOCKEN CRESCENT, BROOMFIELD CO 80021
Troy Winslow	officer: VP, Sales and Marketing	C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER ROAD, CHANDLER CA 85226
Glen Hawk	director	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Tara Long	director	EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Stephen Socolof	director, 10 percent owner	C/O EVERSPIN TECHNOLOGIES, INC., 1347 N. ALMA SCHOOL ROAD, SUITE 220, CHANDLER AZ 85224
Aparna Oka	officer: Corporate Controller	5670 W CHANDLER BLVD, SUITE 100, CHANDLER AZ 85226
Lawrence G Finch	director	C/O EVERSPIN TECHNOLOGIES, INC.,, 5670 W. CHANDLER BOULEVARD, SUITE 130, CHANDLER AZ 85226
Geoffrey Tate	other: Former Director	4440 EL CAMINO REAL, LOS ALTOS CA 94022
Daniel Berenbaum	officer: CFO	C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226
Matthew Tenorio	officer: Interim CFO, PFO and PAO	C/O EVERSPIN TECHNOLOGIES, INC., 5670 W. CHANDLER BLVD., SUITE 100, CHANDLER AZ 85226