Calnex Solutions (LSE:CLX) Days Sales Outstanding : 60.61 (As of Mar. 2024)

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What is Calnex Solutions Days Sales Outstanding?

Calnex Solutions's average Accounts Receivable for the six months ended in Mar. 2024 was £2.80 Mil. Calnex Solutions's Revenue for the six months ended in Mar. 2024 was £8.43 Mil. Hence, Calnex Solutions's Days Sales Outstanding for the six months ended in Mar. 2024 was 60.61.

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

LSE:CLX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.78 Med: 44.71 Max: 61.98
Current: 61.32

During the past 7 years, Calnex Solutions's highest Days Sales Outstanding was 61.98. The lowest was 29.78. And the median was 44.71.

LSE:CLX's Days Sales Outstanding is ranked better than
64.75% of 2454 companies
in the Hardware industry
Industry Median: 74.765 vs LSE:CLX: 61.32

Calnex Solutions's Days Sales Outstanding increased from Mar. 2023 (48.61) to Mar. 2024 (60.61).

Calnex Solutions Days Sales Outstanding Historical Data

The historical data trend for Calnex Solutions'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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Calnex Solutions Days Sales Outstanding Chart

Calnex Solutions Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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47.69

29.78

42.28

44.71

61.98

Calnex Solutions Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial							40.35	67.08	48.61	61.40	60.61

Competitive Comparison of Calnex Solutions's Days Sales Outstanding

For the Communication Equipment subindustry, Calnex Solutions'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.

Calnex Solutions's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Calnex Solutions 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.

Calnex Solutions's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2.605	+	2.922)	/	2 )	/	16.274	*	365
=	2.7635					/	16.274	*	365
=	61.98

Calnex Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2.675	+	2.922)	/	2 )	/	8.427	*	365 / 2
=	2.7985					/	8.427	*	365 / 2
=	60.61

Calnex Solutions (LSE:CLX) Days Sales Outstanding Explanation

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

Calnex Solutions Days Sales Outstanding Related Terms

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Calnex Solutions Business Description

Industry

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CSO:Germany

Address

Oracle Campus, Linlithgow, West Lothian, GBR, EH49 7LR

Website

https://www.calnexsol.com

Calnex Solutions PLC is a provider of test and measurement solutions for the telecommunications sector. It designs, produces, and markets test instrumentation and solutions for network synchronization and network emulation. The company offers its equipment to network operators, network providers, systems suppliers, laboratories, and network infrastructures.