Altium (Altium) Days Sales Outstanding

: 80.63 (As of Dec. 2023)

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Altium's average Accounts Receivable for the six months ended in Dec. 2023 was $61.2 Mil. Altium's Revenue for the six months ended in Dec. 2023 was $138.5 Mil. Hence, Altium's Days Sales Outstanding for the six months ended in Dec. 2023 was 80.63.

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

ALMFF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.51 Med: 92.87 Max: 123.84
Current: 74.51

During the past 13 years, Altium's highest Days Sales Outstanding was 123.84. The lowest was 74.51. And the median was 92.87.

ALMFF's Days Sales Outstanding is ranked worse than
61.31% of 2724 companies
in the Software industry
Industry Median: 62.27 vs ALMFF: 74.51

Altium's Days Sales Outstanding increased from Dec. 2022 (80.27) to Dec. 2023 (80.63).

Altium Days Sales Outstanding Historical Data

The historical data trend for Altium'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.

Altium Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

89.66

103.87

117.34

90.28

78.72

Altium Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding																88.82	72.82	80.27	70.61	80.63

Competitive Comparison

For the Software - Application subindustry, Altium'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.

Altium Days Sales Outstanding Distribution

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

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

Altium 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.

Altium'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
=	( (52.922	+	60.532)	/	2 )	/	263.02	*	365
=	56.727					/	263.02	*	365
=	78.72

Altium'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (60.532	+	61.818)	/	2 )	/	138.472	*	365 / 2
=	61.175					/	138.472	*	365 / 2
=	80.63

Altium (OTCPK:ALMFF) Days Sales Outstanding Explanation

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

Altium Days Sales Outstanding Related Terms

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Altium (Altium) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Altium Ltd (OTCPK:ALMFF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

A5V:Germany ALU:Australia

Address

821 Pacific Highway, Suite 3, Level 6, Tower B, The Zenith, Chatswood, Sydney, NSW, AUS, 2067

Website

https://www.altium.com

Altium is a well-run technology company providing specialized software for the design of printed circuit boards. Altium's core design software has rapidly taken market share in the past decade and is now among the world's most widely used. In addition, Altium owns and operates the world's largest online marketplace for searching and sourcing electronic components used in printed circuit board manufacturing, and this industry is still in the early stages of moving toward online marketing.