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Alkami Technology (Alkami Technology) Days Sales Outstanding : 35.99 (As of Dec. 2023)


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What is Alkami Technology Days Sales Outstanding?

Alkami Technology's average Accounts Receivable for the three months ended in Dec. 2023 was $28.1 Mil. Alkami Technology's Revenue for the three months ended in Dec. 2023 was $71.4 Mil. Hence, Alkami Technology's Days Sales Outstanding for the three months ended in Dec. 2023 was 35.99.

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

ALKT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.33   Med: 33.64   Max: 43.08
Current: 34.83

During the past 5 years, Alkami Technology's highest Days Sales Outstanding was 43.08. The lowest was 33.33. And the median was 33.64.

ALKT's Days Sales Outstanding is ranked better than
82.04% of 2723 companies
in the Software industry
Industry Median: 61.95 vs ALKT: 34.83

Alkami Technology's Days Sales Outstanding declined from Dec. 2022 (36.04) to Dec. 2023 (35.99).


Alkami Technology Days Sales Outstanding Historical Data

The historical data trend for Alkami 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.

Alkami Technology Days Sales Outstanding Chart

Alkami Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
43.08 33.33 33.34 33.64 35.68

Alkami Technology Quarterly Data
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 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 36.04 35.54 33.57 33.36 35.99

Competitive Comparison of Alkami Technology's Days Sales Outstanding

For the Software - Application subindustry, Alkami 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.


Alkami Technology's Days Sales Outstanding Distribution in the Software Industry

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

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



Alkami 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.

Alkami 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
=( (21.665 + 30.111) / 2 ) / 264.831*365
=25.888 / 264.831*365
=35.68

Alkami Technology'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
=( (26.185 + 30.111) / 2 ) / 71.369*365 / 4
=28.148 / 71.369*365 / 4
=35.99

* 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.


Alkami Technology  (NAS:ALKT) Days Sales Outstanding Explanation

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


Alkami Technology Days Sales Outstanding Related Terms

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Alkami Technology (Alkami Technology) Business Description

Traded in Other Exchanges
Address
5601 Granite Parkway, Suite 120, Plano, TX, USA, 75024
Alkami is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.
Executives
W Bryan Hill officer: Chief Financial Officer
Douglas A. Linebarger officer: Chief Legal Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Stephen Bohanon officer: Chf. Strategist & Sales Offr. C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Maria Ines Alvarez director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Michael D Hansen director, officer: Chief Executive Officer
Kristy Ramundi officer: Chief Accounting Officer C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Alex Shootman director, officer: Chief Executive Officer 1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Barbara A. Yastine director 3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Raphael Osnoss director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Gary Lynn Nelson director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
H Eugene Lockhart director OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Christopher Todd Clark director 3250 BRIAR PARK, SUITE 400, HOUSTON TX 77042
Merline Saintil director 10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Steven R Mitchell director C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532