HAPBF (Hapbee Technologies) Days Sales Outstanding : 74.33 (As of Sep. 2024)

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What is Hapbee Technologies Days Sales Outstanding?

Hapbee Technologies's average Accounts Receivable for the three months ended in Sep. 2024 was $0.12 Mil. Hapbee Technologies's Revenue for the three months ended in Sep. 2024 was $0.15 Mil. Hence, Hapbee Technologies's Days Sales Outstanding for the three months ended in Sep. 2024 was 74.33.

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

HAPBF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.34 Med: 37.35 Max: 51.87
Current: 51.87

During the past 5 years, Hapbee Technologies's highest Days Sales Outstanding was 51.87. The lowest was 19.34. And the median was 37.35.

HAPBF's Days Sales Outstanding is ranked better than
76.47% of 2431 companies
in the Hardware industry
Industry Median: 74.95 vs HAPBF: 51.87

Hapbee Technologies's Days Sales Outstanding increased from Sep. 2023 (18.57) to Sep. 2024 (74.33).

Hapbee Technologies Days Sales Outstanding Historical Data

The historical data trend for Hapbee Technologies'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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Hapbee Technologies Days Sales Outstanding Chart

Hapbee Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

50.73

19.30

26.36

48.50

Hapbee Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															18.57	29.61	43.97	76.73	74.33

Competitive Comparison of Hapbee Technologies's Days Sales Outstanding

For the Consumer Electronics subindustry, Hapbee Technologies'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.

Hapbee Technologies's Days Sales Outstanding Distribution in the Hardware Industry

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

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

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Hapbee Technologies 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.

Hapbee Technologies'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
=	( (0.171	+	0.082)	/	2 )	/	0.952	*	365
=	0.1265					/	0.952	*	365
=	48.50

Hapbee Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (0.118	+	0.128)	/	2 )	/	0.151	*	365 / 4
=	0.123					/	0.151	*	365 / 4
=	74.33

Hapbee Technologies (OTCPK:HAPBF) Days Sales Outstanding Explanation

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

Hapbee Technologies Days Sales Outstanding Related Terms

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Hapbee Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hapbee Technologies Inc (OTCPK:HAPBF) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

HA1:Germany HAPB:Canada

Address

1055 West Hastings Street, Suite 2250, Vancouver, BC, CAN, V6E 2E9

Website

https://www.hapbee.com

Hapbee Technologies Inc is engaged in developing and marketing wearable fitness and wellness products. The company's core product, Hapbee Wearable Wellness Product, is a wearable device that allows wearers to choose how they feel by producing a variety of sensations by playing precise electromagnetic fields. The sensations fall under several broad categories such as Happy, Alert, Relax, Calm, Sleepy, and Focus.