X2M Connect (ASX:X2M) Days Sales Outstanding: 20.24 (As of Jun. 2026) — 32% Below Median

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What is X2M Connect Days Sales Outstanding?

X2M Connect ASX:X2M Days Sales Outstanding is 20.24 as of Jun. 2026, which is 32% below its 10-year median of 29.80. The stock has 4 warning signs investors should review. Among 2,463 Hardware companies, X2M Connect ranks better than 88.79% on this metric.

X2M Connect's average Accounts Receivable for the six months ended in Jun. 2026 was A$0.45 Mil. X2M Connect's Revenue for the six months ended in Jun. 2026 was A$4.04 Mil. Hence, X2M Connect's Days Sales Outstanding for the six months ended in Jun. 2026 was 20.24.

The historical rank and industry rank for X2M Connect's Days Sales Outstanding or its related term are showing as below:

ASX:X2M' s Days Sales Outstanding Range Over the Past 10 Years
Min: 8.47   Med: 29.8   Max: 94.34
Current: 36.95

During the past 7 years, X2M Connect's highest Days Sales Outstanding was 94.34. The lowest was 8.47. And the median was 29.80.

ASX:X2M's Days Sales Outstanding is ranked better than
88.79% of 2463 companies
in the Hardware industry
Industry Median: 72.4 vs ASX:X2M: 36.95

X2M Connect's Days Sales Outstanding declined from Jun. 2025 (102.84) to Jun. 2026 (20.24).


X2M Connect  (ASX:X2M) Days Sales Outstanding Explanation

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


X2M Connect Days Sales Outstanding Related Terms


X2M Connect Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for X2M Connect'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.

X2M Connect Days Sales Outstanding Chart

X2M Connect Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Days Sales Outstanding
Get a 7-Day Free Trial 5.08 29.16 84.90 94.34 17.84

X2M Connect Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.35 157.13 102.84 19.27 20.24

ASX:X2M vs GRMN, COHR, KEYS: Days Sales Outstanding Comparison

For the Scientific & Technical Instruments subindustry, X2M Connect'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.


X2M Connect Days Sales Outstanding vs Hardware Industry

For the Hardware industry and Technology sector, X2M Connect's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where X2M Connect's Days Sales Outstanding falls into.



X2M Connect 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.

X2M Connect's Days Sales Outstanding for the fiscal year that ended in Jun. 2026 is calculated as

Days Sales Outstanding (A: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (0.507124 + 0.367233) / 2 ) / 8.943467*365
=0.4371785 / 8.943467*365
=17.84

X2M Connect's Days Sales Outstanding for the quarter that ended in Jun. 2026 is calculated as:

Days Sales Outstanding (Q: Jun. 2026 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2025 ) + Accounts Receivable (A: Jun. 2026 )) / count ) / Revenue (A: Jun. 2026 )*Days in Period
=( (0.528656 + 0.367233) / 2 ) / 4.039675*365 / 2
=0.4479445 / 4.039675*365 / 2
=20.24

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 20.24 mean?
X2M Connect (ASX:X2M) has a Days Sales Outstanding of 20.24 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on X2M Connect and its competitors. This is 32% below median its historical median of 29.80. Over the past decade, X2M Connect's Days Sales Outstanding has ranged from 8.47 to 94.34. According to the industry distribution chart, X2M Connect ranks #276 out of 2463 companies in the Hardware industry, placing it in the top 11.2%.
Is X2M Connect's Days Sales Outstanding too high?
X2M Connect's current Days Sales Outstanding of 20.24 is 32% below median its 10-year median of 29.80. Over the past 10 years, this metric has ranged from a low of 8.47 to a high of 94.34. The Hardware industry median Days Sales Outstanding is 72.40. X2M Connect's value of 20.24 is 72% below this industry median. Based on the distribution chart, X2M Connect ranks #276 out of 2463 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers.
How does X2M Connect's Days Sales Outstanding compare to GRMN and COHR?
According to the Hardware industry distribution chart, X2M Connect ranks #276 out of 2463 companies for Days Sales Outstanding. This places X2M Connect in the top 11% of its industry — outperforming the majority of peers. The industry median Days Sales Outstanding is 72.40. X2M Connect's value of 20.24 is 72% below this benchmark. Historically, X2M Connect's own Days Sales Outstanding has ranged from 8.47 to 94.34 over the past decade. While the company's 10-year median is 29.80 vs. the industry median of 72.40, X2M Connect has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Hardware company?
The median Days Sales Outstanding among Hardware companies is 72.40, based on 2,463 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. X2M Connect's current Days Sales Outstanding of 20.24 is 72% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on X2M Connect and its competitors. For the Hardware industry, the median Days Sales Outstanding is 72.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. X2M Connect's current Days Sales Outstanding is 20.24, which is 32% below median its own 10-year median of 29.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is X2M Connect stock overvalued right now?
X2M Connect (ASX:X2M) has a current Days Sales Outstanding of 20.24. The current Days Sales Outstanding is 20.24, which is 32% below median its 10-year median of 29.80 and 72% below the Hardware industry median of 72.40. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For X2M Connect (ASX:X2M), the current Days Sales Outstanding is 20.24 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

X2M Connect Business Description

Address 18-24 Ricketts Road, Suite 1.01b, Building B, Mount Waverley, VIC, AUS, 3149
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors and which enables data exchange and control of these devices. The company's geographical segment includes South Korea, China, Taiwan, and other countries. It derives a majority of revenue from South Korea.