Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Manhattan AssociatesFRA:MHT +2.22%93 Days Sales Outstanding is 68.21 as of Jun. 2026, which is 5% above its 10-year median of 64.83. GuruFocus rates FRA:MHT with a GF Score™ of 93/100 and a GF Value™ of €208.01 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,773 Software companies, Manhattan Associates ranks worse than 60.48% on this metric.
Manhattan Associates (FRA:MHT) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Manhattan Associates Days Sales Outstanding Related Terms
Manhattan Associates Days Sales Outstanding Historical Data
* Premium members only.
The historical data trend for Manhattan Associates'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.
FRA:MHT vs BSY, DOCU, FROG: Days Sales Outstanding Comparison
For the Software - Application subindustry, Manhattan Associates'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.
Manhattan Associates Days Sales Outstanding vs Software Industry
For the Software industry and Technology sector, Manhattan Associates's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Manhattan Associates's Days Sales Outstanding falls into.
Manhattan Associates 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.
* 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.
Manhattan Associates (FRA:MHT) has a Days Sales Outstanding of 68.21 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Manhattan Associates and its competitors. This is near median its historical median of 64.83. Over the past decade, Manhattan Associates' Days Sales Outstanding has ranged from 59.09 to 70.91. According to the industry distribution chart, Manhattan Associates ranks #1677 out of 2773 companies in the Software industry, placing it in the top 60.5%.
Is Manhattan Associates' Days Sales Outstanding too high?
Manhattan Associates' current Days Sales Outstanding of 68.21 is near median its 10-year median of 64.83. Over the past 10 years, this metric has ranged from a low of 59.09 to a high of 70.91. The Software industry median Days Sales Outstanding is 60.87. Manhattan Associates' value of 68.21 is 12.1% above this industry median. Based on the distribution chart, Manhattan Associates ranks #1677 out of 2773 companies in the Software industry, which is below the industry midpoint. Overall, Manhattan Associates has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Manhattan Associates' Days Sales Outstanding compare to BSY and DOCU?
According to the Software industry distribution chart, Manhattan Associates ranks #1677 out of 2773 companies for Days Sales Outstanding. This places Manhattan Associates in the lower half of its industry. The industry median Days Sales Outstanding is 60.87. Manhattan Associates' value of 68.21 is 12.1% above this benchmark. Historically, Manhattan Associates' own Days Sales Outstanding has ranged from 59.09 to 70.91 over the past decade. While the company's 10-year median is 64.83 vs. the industry median of 60.87, Manhattan Associates has consistently been above 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 Software company?
The median Days Sales Outstanding among Software companies is 60.87, based on 2,773 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. Manhattan Associates's current Days Sales Outstanding of 68.21 is 12.1% above 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 Manhattan Associates and its competitors. For the Software industry, the median Days Sales Outstanding is 60.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manhattan Associates's current Days Sales Outstanding is 68.21, which is near median its own 10-year median of 64.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manhattan Associates stock overvalued right now?
Based on GuruFocus' analysis, Manhattan Associates (FRA:MHT) is currently considered Modestly Undervalued. The stock's GF Value™ is €208.01, compared to a current price of €177.60 — trading 14.6% below its estimated fair value. The current Days Sales Outstanding is 68.21, which is near median its 10-year median of 64.83 and 12.1% above the Software industry median of 60.87. Manhattan Associates' overall GF Score™ is 93/100 with 5 warning signs to review. 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 Manhattan Associates (FRA:MHT), the current Days Sales Outstanding is 68.21 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.
Is Manhattan Associates (FRA:MHT) Overvalued in 2026?
Based on GuruFocus' analysis, Manhattan Associates stock appears to be undervalued.
The current stock price of €177.60 is trading 14.6% below its estimated GF Value™ of €208.01.
GuruFocus considers Manhattan Associates to be Modestly Undervalued.
Key valuation signals for FRA:MHT:
Days Sales Outstanding: 68.21 (near median its 10-year median of 64.83)
GF Value™: €208.01 vs. price of €177.60 (14.6% below fair value)
Industry Position: 12.1% above the Software median (#1677 of 2773)
No single metric tells the full story. See the FRA:MHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manhattan Associates provides software that helps users manage their supply chains, inventory, and omnichannel operations. Customers are generally retailers, wholesalers, manufacturers, and logistics providers. The company was founded in 1990 and serves more than 1,200 customers worldwide.
93GF Score
Get the complete analysis for FRA:MHT
Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:MHT has been successfully added to your 
