Siyata Mobile (Siyata Mobile) Days Sales Outstanding : 62.80 (As of Dec. 2023)

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What is Siyata Mobile Days Sales Outstanding?

Siyata Mobile's average Accounts Receivable for the three months ended in Dec. 2023 was $1.29 Mil. Siyata Mobile's Revenue for the three months ended in Dec. 2023 was $1.88 Mil. Hence, Siyata Mobile's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.80.

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

SYTA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.11 Med: 38.45 Max: 95.39
Current: 68.2

During the past 13 years, Siyata Mobile's highest Days Sales Outstanding was 95.39. The lowest was 18.11. And the median was 38.45.

SYTA's Days Sales Outstanding is ranked better than
57.35% of 2457 companies
in the Hardware industry
Industry Median: 74.97 vs SYTA: 68.20

Siyata Mobile's Days Sales Outstanding increased from Sep. 2022 (30.20) to Dec. 2023 (62.80).

Siyata Mobile Days Sales Outstanding Historical Data

The historical data trend for Siyata Mobile'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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Siyata Mobile Days Sales Outstanding Chart

Siyata Mobile Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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28.12

95.39

64.63

46.74

40.76

Siyata Mobile Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															30.20	44.57	39.05	56.70	62.80

Competitive Comparison of Siyata Mobile's Days Sales Outstanding

For the Communication Equipment subindustry, Siyata Mobile'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.

Siyata Mobile's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Siyata Mobile 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.

Siyata Mobile'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
=	( (0.959	+	0.88)	/	2 )	/	8.233	*	365
=	0.9195					/	8.233	*	365
=	40.76

Siyata Mobile's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.705	+	0.88)	/	2 )	/	1.878	*	365 / 4
=	1.2925					/	1.878	*	365 / 4
=	62.80

Siyata Mobile (NAS:SYTA) Days Sales Outstanding Explanation

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

Siyata Mobile Days Sales Outstanding Related Terms

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Siyata Mobile (Siyata Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Siyata Mobile Inc (NAS:SYTA) » Definitions » Days Sales Outstanding

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WK30:Germany

Address

1001 Lenoir Street, Suite A- 414, Montreal, QC, CAN, H4C2Z6

Website

https://www.siyatamobile.com

Siyata Mobile Inc is engaged in the sale of vehicle mounted, cellular-based communications platforms over advanced 3G (Third generation) mobile networks and cellular booster systems. The Company develops, markets and sells a portfolio of rugged handheld Push-to-Talk over Cellular (PoC) smartphone devices. These rugged business-to-business (B2B) environments are focused on enterprise customers, first responders, construction workers, security guards, government agencies, utilities, transportation and waste management, amusement parks, and mobile workers in multiple industries.