Datable Technology (TSXV:DAC) Days Sales Outstanding : 74.95 (As of Sep. 2023)

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What is Datable Technology Days Sales Outstanding?

Datable Technology's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.35 Mil. Datable Technology's Revenue for the three months ended in Sep. 2023 was C$0.43 Mil. Hence, Datable Technology's Days Sales Outstanding for the three months ended in Sep. 2023 was 74.95.

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

TSXV:DAC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.6 Med: 29.06 Max: 40.05
Current: 37.25

During the past 11 years, Datable Technology's highest Days Sales Outstanding was 40.05. The lowest was 16.60. And the median was 29.06.

TSXV:DAC's Days Sales Outstanding is ranked better than
79.74% of 2725 companies
in the Software industry
Industry Median: 61.83 vs TSXV:DAC: 37.25

Datable Technology's Days Sales Outstanding increased from Sep. 2022 (32.57) to Sep. 2023 (74.95).

Datable Technology Days Sales Outstanding Historical Data

The historical data trend for Datable Technology'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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Datable Technology Days Sales Outstanding Chart

Datable Technology Annual Data

Trend

May13

May14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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28.00

16.60

30.12

26.77

24.84

Datable Technology Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															32.57	15.91	38.77	72.19	74.95

Competitive Comparison of Datable Technology's Days Sales Outstanding

For the Software - Application subindustry, Datable Technology'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.

Datable Technology's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Datable Technology's Days Sales Outstanding distribution charts can be found below:

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

Datable Technology 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.

Datable Technology's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.26	+	0.277)	/	2 )	/	3.945	*	365
=	0.2685					/	3.945	*	365
=	24.84

Datable Technology's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.336	+	0.372)	/	2 )	/	0.431	*	365 / 4
=	0.354					/	0.431	*	365 / 4
=	74.95

Datable Technology (TSXV:DAC) Days Sales Outstanding Explanation

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

Datable Technology Days Sales Outstanding Related Terms

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Datable Technology (TSXV:DAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Datable Technology Corp (TSXV:DAC) » Definitions » Days Sales Outstanding

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TTMZF:USA

Address

1062 Homer Street, Suite 301, Vancouver, BC, CAN, V6B 2W9

Website

https://www.datablecorp.com

Datable Technology Corp is a Canada-based technology company. It is operating in the consumer Internet advertising sector. It is a provider of digital and social media consumer engagement, data mining, and loyalty solutions. The company's core product is Platform3, a Software-as-a-Service consumer marketing platform, which enables consumer packaged goods companies and consumer brands to engage consumers and influence purchasing decisions through their mobile devices and online. Its geographical segments are Canada and the United States, of which the majority of its revenue comes from the United States.