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Aerohive Networks (Aerohive Networks) Days Sales Outstanding : 36.85 (As of Jun. 2019)


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What is Aerohive Networks Days Sales Outstanding?

Aerohive Networks's average Accounts Receivable for the three months ended in Jun. 2019 was $15.4 Mil. Aerohive Networks's Revenue for the three months ended in Jun. 2019 was $38.0 Mil. Hence, Aerohive Networks's Days Sales Outstanding for the three months ended in Jun. 2019 was 36.85.

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

HIVE's Days Sales Outstanding is not ranked *
in the Hardware industry.
Industry Median: 75.07
* Ranked among companies with meaningful Days Sales Outstanding only.

Aerohive Networks's Days Sales Outstanding declined from Jun. 2018 (41.33) to Jun. 2019 (36.85).


Aerohive Networks Days Sales Outstanding Historical Data

The historical data trend for Aerohive Networks'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.

Aerohive Networks Days Sales Outstanding Chart

Aerohive Networks Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 56.19 57.18 53.30 52.12 39.88

Aerohive Networks Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.33 36.00 37.10 48.35 36.85

Competitive Comparison of Aerohive Networks's Days Sales Outstanding

For the Communication Equipment subindustry, Aerohive Networks'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.


Aerohive Networks's Days Sales Outstanding Distribution in the Hardware Industry

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

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



Aerohive Networks 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.

Aerohive Networks's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

Days Sales Outstanding (A: Dec. 2018 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count ) / Revenue (A: Dec. 2018 )*Days in Period
=( (17.662 + 16.185) / 2 ) / 154.909*365
=16.9235 / 154.909*365
=39.88

Aerohive Networks's Days Sales Outstanding for the quarter that ended in Jun. 2019 is calculated as:

Days Sales Outstanding (Q: Jun. 2019 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2019 ) + Accounts Receivable (A: Jun. 2019 )) / count ) / Revenue (A: Jun. 2019 )*Days in Period
=( (18.804 + 11.915) / 2 ) / 38.037*365 / 4
=15.3595 / 38.037*365 / 4
=36.85

* 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.


Aerohive Networks  (NYSE:HIVE) Days Sales Outstanding Explanation

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


Aerohive Networks Days Sales Outstanding Related Terms

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Aerohive Networks (Aerohive Networks) Business Description

Traded in Other Exchanges
N/A
Address
1011 McCarthy Boulevard, Milpitas, CA, USA, 95035
Aerohive Networks Inc. designs and develops cloud networking and enterprise Wi-Fi solutions. The firm has three primary technologies: enterprise cloud networking, which offers solutions to manage the complexity of supporting large number of devices; Wi-Fi connectivity, which offers access points and wired devices built around a distributed architecture; and application and insights, which analyzes data to offer new information. More than half of the firm's revenue is generated in the Americas, with the rest coming from Europe, the Middle East, and Africa, plus the Asia Pacific region.
Executives
Curtis E Garner director C/O AEROHIVE NETWORKS, INC., 330 GIBRALTAR DRIVE, SUNNYVALE CA 94089
Remo Canessa director C/O ZSCALER, INC., 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Stephen Debenham officer: VP, Gen. Counsel & Secretary 46897 BAYSIDE PARKWAY FREMONT CA 94638
Ingrid Burton director 1011 MCCARTHY BOULEVARD --, MILPITAS CA 95035
John Ritchie officer: SVP, CFO & COO 303 VELOCITY WAY, FOSTER CITY X1 94404
John Gordon Payne director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Frank Marshall director 3975 FREEDOM CIRCLE, C/O PMC SIERRA INC, SANTA CLARA CA 95054
Christopher J Schaepe director
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