Smith Micro Software (Smith Micro Software) Days Sales Outstanding : 96.64 (As of Dec. 2023)

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What is Smith Micro Software Days Sales Outstanding?

Smith Micro Software's average Accounts Receivable for the three months ended in Dec. 2023 was $9.10 Mil. Smith Micro Software's Revenue for the three months ended in Dec. 2023 was $8.59 Mil. Hence, Smith Micro Software's Days Sales Outstanding for the three months ended in Dec. 2023 was 96.64.

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

SMSI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 71.65 Med: 79.82 Max: 92.47
Current: 92.47

During the past 13 years, Smith Micro Software's highest Days Sales Outstanding was 92.47. The lowest was 71.65. And the median was 79.82.

SMSI's Days Sales Outstanding is ranked worse than
73.37% of 2726 companies
in the Software industry
Industry Median: 62.175 vs SMSI: 92.47

Smith Micro Software's Days Sales Outstanding increased from Dec. 2022 (79.93) to Dec. 2023 (96.64).

Smith Micro Software Days Sales Outstanding Historical Data

The historical data trend for Smith Micro Software'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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Smith Micro Software Days Sales Outstanding Chart

Smith Micro Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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75.89

82.68

71.65

79.34

82.24

Smith Micro Software 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															79.93	90.53	101.76	91.91	96.64

Competitive Comparison of Smith Micro Software's Days Sales Outstanding

For the Software - Application subindustry, Smith Micro Software'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.

Smith Micro Software's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Smith Micro Software's Days Sales Outstanding falls into.

Smith Micro Software 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.

Smith Micro Software'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
=	( (10.501	+	7.912)	/	2 )	/	40.862	*	365
=	9.2065					/	40.862	*	365
=	82.24

Smith Micro Software'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
=	( (10.29	+	7.912)	/	2 )	/	8.593	*	365 / 4
=	9.101					/	8.593	*	365 / 4
=	96.64

Smith Micro Software (NAS:SMSI) Days Sales Outstanding Explanation

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

Smith Micro Software Days Sales Outstanding Related Terms

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Smith Micro Software (Smith Micro Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smith Micro Software Inc (NAS:SMSI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SS91:Germany

Address

5800 Corporate Drive, Pittsburgh, PA, USA, 15237

Website

https://www.smithmicro.com

Smith Micro Software Inc is a provider of software solutions. It develops and markets wireless solutions for wireless service providers, mobile device and chipset manufacturers, and enterprise businesses. It offers multi-platform, modular solutions such as SafePath; CommSuite; and ViewSpot. The company's only reportable segment is Wireless. Its Wireless segment sells primarily to large wireless carriers, cable operators, and OEMs.

Executives

James M Kempton	officer: VP, CFO and Treasurer	100 AIRSIDE DR, MOON TOWNSHIP PA 15108
Smith William W Jr	director, 10 percent owner, officer: President & CEO	51 COLUMBIA, ALISOVIEJO CA 92656
Chetan Sharma	director	5800 CORPORATE DR. 5TH FLOOR, PITTSBURGH PA 15237
Thomas G Campbell	director
Asha Keddy	director	5800 CORPORATE DR., 5TH FLOOR, PITTSBURGH PA 15237
Andrew Arno	director	C/O MERRIMAN CURHAN FORD GROUP, INC., 600 CALIFORNIA STREET, 9TH FLOOR, SAN FRANCISCO CA 94108
Gregory J Szabo	director	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Smauel Gulko	director	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Michael K. Fox	officer: Interim CFO	5800 CORPORATE DR., 5TH FLOOR, PITTSBURGH PA 15237
Timothy C. Huffmyer	officer: Chief Financial Officer	1000 PARK DRIVE, LAWRENCE PA 15055
Steven Yasbek	officer: Chief Accounting Officer	51 COLUMBIA, ALISO VIEJO CA 92656
Steven Lawrence Elfman	director	51 COLUMBIA, ALISO VIEJO CA 92656
Christopher G Lippincott	other: VP - Internet & Direct Sales	51 COLUMBIA, SUITE 200, ALISO VIEJO CA 92656
Andrew C Schmidt	officer: Chief Financial Officer	1700 CARNEGIE AVE, SUITE 100, SANTA ANA CA 92705
Daniel Rawlings	officer: Chief Revenue Officer	51 COLUMBIA, ALISO VIEJO CA 92656