Sonim Technologies (STU:2W9A) Days Sales Outstanding : 104.87 (As of Mar. 2024)

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What is Sonim Technologies Days Sales Outstanding?

Sonim Technologies's average Accounts Receivable for the three months ended in Mar. 2024 was €17.74 Mil. Sonim Technologies's Revenue for the three months ended in Mar. 2024 was €15.43 Mil. Hence, Sonim Technologies's Days Sales Outstanding for the three months ended in Mar. 2024 was 104.87.

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

STU:2W9A' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.95 Med: 50.01 Max: 101.12
Current: 101.12

During the past 7 years, Sonim Technologies's highest Days Sales Outstanding was 101.12. The lowest was 39.95. And the median was 50.01.

STU:2W9A's Days Sales Outstanding is ranked worse than
71.85% of 2462 companies
in the Hardware industry
Industry Median: 74.315 vs STU:2W9A: 101.12

Sonim Technologies's Days Sales Outstanding increased from Mar. 2023 (84.37) to Mar. 2024 (104.87).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Sonim Technologies Days Sales Outstanding Historical Data

The historical data trend for Sonim 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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Sonim Technologies Days Sales Outstanding Chart

Sonim Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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44.77

43.32

49.03

85.10

94.33

Sonim Technologies Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															84.37	88.26	93.56	191.32	104.87

Competitive Comparison of Sonim Technologies's Days Sales Outstanding

For the Communication Equipment subindustry, Sonim 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.

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

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

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

Sonim 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.

Sonim 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
=	( (21.177	+	23.204)	/	2 )	/	85.861	*	365
=	22.1905					/	85.861	*	365
=	94.33

Sonim Technologies'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
=	( (23.204	+	12.27)	/	2 )	/	15.433	*	365 / 4
=	17.737					/	15.433	*	365 / 4
=	104.87

Sonim Technologies (STU:2W9A) Days Sales Outstanding Explanation

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

Sonim Technologies Days Sales Outstanding Related Terms

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Sonim Technologies (STU:2W9A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sonim Technologies Inc (STU:2W9A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

SONM:USA 2W9A:Germany

Address

4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121

Website

https://www.sonimtech.com

Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. These products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.

Sonim Technologies (STU:2W9A) Headlines

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