Symbotic (MEX:SYM) Days Sales Outstanding : 30.56 (As of Mar. 2024)

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What is Symbotic Days Sales Outstanding?

Symbotic's average Accounts Receivable for the three months ended in Mar. 2024 was MXN2,359 Mil. Symbotic's Revenue for the three months ended in Mar. 2024 was MXN7,042 Mil. Hence, Symbotic's Days Sales Outstanding for the three months ended in Mar. 2024 was 30.56.

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

MEX:SYM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.87 Med: 15.9 Max: 47.71
Current: 26.74

During the past 5 years, Symbotic's highest Days Sales Outstanding was 47.71. The lowest was 9.87. And the median was 15.90.

MEX:SYM's Days Sales Outstanding is ranked better than
95.53% of 2954 companies
in the Industrial Products industry
Industry Median: 79.805 vs MEX:SYM: 26.74

Symbotic's Days Sales Outstanding declined from Mar. 2023 (30.97) to Mar. 2024 (30.56).

Symbotic Days Sales Outstanding Historical Data

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

Symbotic Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

9.87

47.85

20.97

11.34

Symbotic Quarterly Data
	Sep19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial											30.97	29.94	16.50	27.75	30.56

Competitive Comparison of Symbotic's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Symbotic'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.

Symbotic's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Symbotic's Days Sales Outstanding distribution charts can be found below:

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

Symbotic 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.

Symbotic's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (68.632	+	1205.492)	/	2 )	/	20500.143	*	365
=	637.062					/	20500.143	*	365
=	11.34

Symbotic'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2598.044	+	2118.96)	/	2 )	/	7041.808	*	365 / 4
=	2358.502					/	7041.808	*	365 / 4
=	30.56

Symbotic (MEX:SYM) Days Sales Outstanding Explanation

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

Symbotic Days Sales Outstanding Related Terms

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Symbotic (MEX:SYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Symbotic Inc (MEX:SYM) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SYM:USA

Address

200 Research Drive, Wilmington, MA, USA, 01887

Website

https://www.symbotic.com

Symbotic Inc is an automation technology company that develops technologies to improve operating efficiencies in modern warehouses. The group develops, commercializes, and deploys innovative, end-to-end technology solutions that dramatically improve supply chain operations. Symbotic also automates the processing of pallets and cases in large warehouses or distribution centers for some of the retail and wholesale companies in the world. The company operates in two geographical regions the United States and Canada. Key revenue is generated from the United States.