CounterPath (CounterPath) Days Sales Outstanding : 52.90 (As of Oct. 2020)

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What is CounterPath Days Sales Outstanding?

CounterPath's average Accounts Receivable for the three months ended in Oct. 2020 was $2.09 Mil. CounterPath's Revenue for the three months ended in Oct. 2020 was $3.61 Mil. Hence, CounterPath's Days Sales Outstanding for the three months ended in Oct. 2020 was 52.90.

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

CPAH's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 61.89
* Ranked among companies with meaningful Days Sales Outstanding only.

CounterPath's Days Sales Outstanding declined from Oct. 2019 (53.16) to Oct. 2020 (52.90).

CounterPath Days Sales Outstanding Historical Data

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

CounterPath Annual Data

Trend

Apr11

Apr12

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Days Sales Outstanding

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107.28

91.23

83.16

91.31

66.83

CounterPath Quarterly Data
	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20
Days Sales Outstanding	Get a 7-Day Free Trial															53.16	46.97	44.54	60.15	52.90

Competitive Comparison of CounterPath's Days Sales Outstanding

For the Software - Application subindustry, CounterPath'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.

CounterPath's Days Sales Outstanding Distribution in the Software Industry

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

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

CounterPath 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.

CounterPath's Days Sales Outstanding for the fiscal year that ended in Apr. 2020 is calculated as

	Days Sales Outstanding (A: Apr. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Apr. 2019 )	+	Accounts Receivable (A: Apr. 2020 ))	/	count )	/	Revenue (A: Apr. 2020 )	*	Days in Period
=	( (1.877	+	2.554)	/	2 )	/	12.101	*	365
=	2.2155					/	12.101	*	365
=	66.83

CounterPath's Days Sales Outstanding for the quarter that ended in Oct. 2020 is calculated as:

	Days Sales Outstanding (Q: Oct. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jul. 2020 )	+	Accounts Receivable (A: Oct. 2020 ))	/	count )	/	Revenue (A: Oct. 2020 )	*	Days in Period
=	( (1.967	+	2.221)	/	2 )	/	3.612	*	365 / 4
=	2.094					/	3.612	*	365 / 4
=	52.90

CounterPath (NAS:CPAH) Days Sales Outstanding Explanation

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

CounterPath Days Sales Outstanding Related Terms

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CounterPath (CounterPath) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CounterPath Corp (NAS:CPAH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Burrard Street, Suite 300, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3

Website

https://www.counterpath.com

CounterPath Corp designs develop and sell software and services that enable enterprises and telecommunication service providers to deliver Unified Communications (UC) services, including voice, video, messaging, and collaboration functionality. Its activities consisted primarily of selling IP telephony software and related services to telecom service providers, enterprises, and channel partners serving the telecom and enterprise segments.

Executives

Todd Carothers	officer: Chief Revenue Officer	2323 HARTZELL STREET EVANSTON IL 60201
David Karp	officer: CEO and President	SUITE 300 - ONE BENTALL CENTRE 505 BURRARD STREET VANCOUVER A1 V7X 1M3
Srinivasa Janaswamy	officer: Interim VP Secretary Treasurer	414 - 3575 EUCLID AVENUE VANCOUVER A1 V5R 6H5
Larry Timlick	director	4750 THE GLEN WEST VANCOUVER A1 V7S 3C3
Chris Cooper	director	SUITE 2410, 650 WEST GEORGIA STREET VANCOUVER A1 V6B 4N7
Terence H Matthews	director, 10 percent owner, officer: Chairman	350 LEGGET DRIVE KANATA ONTARIO CANADA A6 K2K 2W7
Steven Bruk	director, 10 percent owner	3230 MATHERS AVENUE WEST VANCOUVER A1 V7V 2K5
Karen Bruk	10 percent owner	3230 MATHERS AVENUE WEST VANCOUVER A1 V7V 2K5
Karen Luk	officer: Vice President of Finance	505 BURRARD STREET SUITE 300, ONE BENTALL CENTRE VANCOUVER A1 V7X 1M3
Owen Nicholas Matthews	director, officer: Vice Chairman	1006 GOVERNMENT STREET VICTORIA A1 V8W 1X7
Donovan Jones	director, officer: President & CEO	SUITE 300, ONE BENTALL CENTRE 505 BURRARD STREET VANCOUVER A1 V7X 1M3
Covington Capital Corp.	10 percent owner	SUITE 400, 87 FRONT STREET WEST TORONTO A6 M5E 1B8
Peter Charbonneau	director	130 AGINCOURT ROAD OTTAWA A6 K2C 1J3
Covington Fund Ii Inc.	10 percent owner	SUITE 400, 87 FRONT STREET WEST TORONTO A6 M5E 1B8
William Jin	director	87 FRONT STREET EAST, SUITE 400 TORONTO A6 M5E 1B8