Align Technology (WBO:ALGN) Days Sales Outstanding : 84.68 (As of Mar. 2024)

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What is Align Technology Days Sales Outstanding?

Align Technology's average Accounts Receivable for the three months ended in Mar. 2024 was €852 Mil. Align Technology's Revenue for the three months ended in Mar. 2024 was €918 Mil. Hence, Align Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 84.68.

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

WBO:ALGN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.23 Med: 71.31 Max: 89.18
Current: 84.83

During the past 13 years, Align Technology's highest Days Sales Outstanding was 89.18. The lowest was 58.23. And the median was 71.31.

WBO:ALGN's Days Sales Outstanding is ranked worse than
70.14% of 807 companies
in the Medical Devices & Instruments industry
Industry Median: 64.21 vs WBO:ALGN: 84.83

Align Technology's Days Sales Outstanding declined from Mar. 2023 (84.82) to Mar. 2024 (84.68).

Align Technology Days Sales Outstanding Historical Data

The historical data trend for Align Technology'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.

Align Technology Days Sales Outstanding Chart

Align Technology Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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74.24

93.04

69.63

83.11

84.51

Align Technology 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															84.82	82.10	85.48	87.14	84.68

Competitive Comparison of Align Technology's Days Sales Outstanding

For the Medical Devices subindustry, Align Technology'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.

Align Technology's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Align Technology's Days Sales Outstanding distribution charts can be found below:

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

Align Technology 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.

Align Technology'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
=	( (811.543	+	828.44)	/	2 )	/	3541.692	*	365
=	819.9915					/	3541.692	*	365
=	84.51

Align Technology'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
=	( (828.44	+	874.679)	/	2 )	/	917.637	*	365 / 4
=	851.5595					/	917.637	*	365 / 4
=	84.68

Align Technology (WBO:ALGN) Days Sales Outstanding Explanation

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

Align Technology Days Sales Outstanding Related Terms

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Align Technology (WBO:ALGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Align Technology Inc (WBO:ALGN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ALGN:USA ALGN:Mexico AFW:Germany A1LG34:Brazil

Address

410 North Scottsdale Road, Suite 1300, Tempe, AZ, USA, 85281

Website

https://www.aligntech.com

Align Technology is the leading manufacturer of clear aligners. Invisalign, its main product, was approved by the FDA in 1998, and it has since dominated, controlling over 90% of the market. Invisalign can treat roughly 90% of all malocclusion cases (misaligned teeth), and there are over 230,000 Invisalign-trained dentists and orthodontists. In 2022, Invisalign treated over 2 million cases, or roughly 10% of all orthodontic cases for the year, and it has treated over 14 million patients since its launch. Align also sells intraoral scanners under the brand iTero, which captures digital impressions of patients' teeth and illustrates treatment plans. Over 85% of Invisalign cases are submitted by digital scans and iTero scans make up over half of these scans.