RocketDNA (ASX:RKT) Days Sales Outstanding : 72.00 (As of Dec. 2023)

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What is RocketDNA Days Sales Outstanding?

RocketDNA's average Accounts Receivable for the six months ended in Dec. 2023 was A$1.26 Mil. RocketDNA's Revenue for the six months ended in Dec. 2023 was A$3.19 Mil. Hence, RocketDNA's Days Sales Outstanding for the six months ended in Dec. 2023 was 72.00.

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

ASX:RKT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.49 Med: 52.34 Max: 107.62
Current: 95.78

During the past 7 years, RocketDNA's highest Days Sales Outstanding was 107.62. The lowest was 10.49. And the median was 52.34.

ASX:RKT's Days Sales Outstanding is ranked worse than
67.71% of 2459 companies
in the Hardware industry
Industry Median: 74.61 vs ASX:RKT: 95.78

RocketDNA's Days Sales Outstanding declined from Dec. 2022 (140.42) to Dec. 2023 (72.00).

RocketDNA Days Sales Outstanding Historical Data

The historical data trend for RocketDNA'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.

RocketDNA Days Sales Outstanding Chart

RocketDNA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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10.49

38.03

66.64

107.62

105.09

RocketDNA Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							99.29	108.00	140.42	111.81	72.00

Competitive Comparison of RocketDNA's Days Sales Outstanding

For the Computer Hardware subindustry, RocketDNA'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.

RocketDNA's Days Sales Outstanding Distribution in the Hardware Industry

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

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

RocketDNA 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.

RocketDNA'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
=	( (2.314	+	1.22)	/	2 )	/	6.137	*	365
=	1.767					/	6.137	*	365
=	105.09

RocketDNA'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.297	+	1.22)	/	2 )	/	3.19	*	365 / 2
=	1.2585					/	3.19	*	365 / 2
=	72.00

RocketDNA (ASX:RKT) Days Sales Outstanding Explanation

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

RocketDNA Days Sales Outstanding Related Terms

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RocketDNA (ASX:RKT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » RocketDNA Ltd (ASX:RKT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

75 Thomas Street, Subiaco, WA, AUS, 6008

Website

https://www.rocketdna.com

RocketDNA Ltd is engaged in the business of civilian drones for professional use. It provides aerial surveying and mapping, security and surveillance, and blast monitoring and fragment analysis through a fully-outsourced service and fast data turnaround that allows enterprise customers to focus on the mining, agricultural, and engineering industries. Its geographical segments include Australia, South Africa, and Israel, of which South Africa generates the majority of the revenue.