Astrocast (Astrocast) Days Sales Outstanding : 19.34 (As of Jun. 2023)

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What is Astrocast Days Sales Outstanding?

Astrocast's average Accounts Receivable for the six months ended in Jun. 2023 was $0.02 Mil. Astrocast's Revenue for the six months ended in Jun. 2023 was $0.18 Mil. Hence, Astrocast's Days Sales Outstanding for the six months ended in Jun. 2023 was 19.34.

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

ASROF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.53 Med: 8.2 Max: 26.19
Current: 26.19

During the past 3 years, Astrocast's highest Days Sales Outstanding was 26.19. The lowest was 7.53. And the median was 8.20.

ASROF's Days Sales Outstanding is ranked better than
94.31% of 2462 companies
in the Hardware industry
Industry Median: 74.07 vs ASROF: 26.19

Astrocast's Days Sales Outstanding declined from Jun. 2022 (20.04) to Jun. 2023 (19.34).

Astrocast Days Sales Outstanding Historical Data

The historical data trend for Astrocast'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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Astrocast Days Sales Outstanding Chart

Astrocast Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

7.55

9.64

Astrocast Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial			-	16.53	20.04	21.32	19.34

Competitive Comparison of Astrocast's Days Sales Outstanding

For the Communication Equipment subindustry, Astrocast'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.

Astrocast's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Astrocast 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.

Astrocast's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.024	+	0.002)	/	2 )	/	0.492	*	365
=	0.013					/	0.492	*	365
=	9.64

Astrocast's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.002	+	0.037)	/	2 )	/	0.184	*	365 / 2
=	0.0195					/	0.184	*	365 / 2
=	19.34

Astrocast (GREY:ASROF) Days Sales Outstanding Explanation

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

Astrocast Days Sales Outstanding Related Terms

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Astrocast (Astrocast) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Astrocast SA (GREY:ASROF) » Definitions » Days Sales Outstanding

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ASTRO:Norway

Address

Chemin des Ramiers 20, Chavannes-pres-Renens, Vaud, CHE, 1022

Website

https://www.astrocast.com

Astrocast SA is an operator of the nanosatellite IoT network intended to provide unlimited coverage all over the planet, with no geographical limitations. The company tackles challenges in industries such as Agriculture and Livestock, Oil, Gas and Mining, Maritime, Environmental, Connected Vehicles, and IoT Devices, enabling companies to monitor, track, assess, and communicate with critical remote assets from anywhere in the world.

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