Enablence Technologies (TSXV:ENA) Days Sales Outstanding : 78.49 (As of Sep. 2023)

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What is Enablence Technologies Days Sales Outstanding?

Enablence Technologies's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.26 Mil. Enablence Technologies's Revenue for the three months ended in Sep. 2023 was C$0.30 Mil. Hence, Enablence Technologies's Days Sales Outstanding for the three months ended in Sep. 2023 was 78.49.

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

TSXV:ENA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.56 Med: 113.95 Max: 227.55
Current: 44.56

During the past 13 years, Enablence Technologies's highest Days Sales Outstanding was 227.55. The lowest was 44.56. And the median was 113.95.

TSXV:ENA's Days Sales Outstanding is ranked better than
82.98% of 2456 companies
in the Hardware industry
Industry Median: 75.07 vs TSXV:ENA: 44.56

Enablence Technologies's Days Sales Outstanding increased from Sep. 2022 (35.50) to Sep. 2023 (78.49).

Enablence Technologies Days Sales Outstanding Historical Data

The historical data trend for Enablence 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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Enablence Technologies Days Sales Outstanding Chart

Enablence Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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227.55

169.66

48.99

48.34

50.37

Enablence Technologies Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															35.50	38.62	39.52	50.29	78.49

Competitive Comparison of Enablence Technologies's Days Sales Outstanding

For the Communication Equipment subindustry, Enablence 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.

Enablence Technologies's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Enablence 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.

Enablence Technologies'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
=	( (0.335	+	0.384)	/	2 )	/	2.605	*	365
=	0.3595					/	2.605	*	365
=	50.37

Enablence Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.384	+	0.139)	/	2 )	/	0.304	*	365 / 4
=	0.2615					/	0.304	*	365 / 4
=	78.49

Enablence Technologies (TSXV:ENA) Days Sales Outstanding Explanation

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

Enablence Technologies Days Sales Outstanding Related Terms

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Enablence Technologies (TSXV:ENA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Enablence Technologies Inc (TSXV:ENA) » Definitions » Days Sales Outstanding

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ENAFF:USA

Address

390 March Road, Suite 119, Ottawa, ON, CAN, K2K 0G7

Website

https://www.enablence.com

Enablence Technologies Inc is a company operating in an integrated optical products business. The company designs manufacture and sells optical components, primarily in the form of planar lightwave circuits on silicon-based chips. Its products are offered in telecommunications, aerospace, and bio-chemical sensing industries. Enablence products serve a global customer base, primarily focused on data centres and advanced vision end markets in which Enablence works with customers that have emerging market uses for its technology, including medical devices, automotive LiDAR and virtual and augmented reality headsets.

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