GURUFOCUS.COM » STOCK LIST » Technology » Software » Reklaim Ltd (TSXV:MYID) » Definitions » Days Sales Outstanding

Reklaim (TSXV:MYID) Days Sales Outstanding : 60.74 (As of Dec. 2023)


View and export this data going back to 1996. Start your Free Trial

What is Reklaim Days Sales Outstanding?

Reklaim's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.94 Mil. Reklaim's Revenue for the three months ended in Dec. 2023 was C$1.42 Mil. Hence, Reklaim's Days Sales Outstanding for the three months ended in Dec. 2023 was 60.74.

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

TSXV:MYID' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.4   Med: 110.41   Max: 7124.02
Current: 67.71

During the past 13 years, Reklaim's highest Days Sales Outstanding was 7124.02. The lowest was 66.40. And the median was 110.41.

TSXV:MYID's Days Sales Outstanding is ranked worse than
56.25% of 2734 companies
in the Software industry
Industry Median: 61.68 vs TSXV:MYID: 67.71

Reklaim's Days Sales Outstanding declined from Dec. 2022 (73.48) to Dec. 2023 (60.74).


Reklaim Days Sales Outstanding Historical Data

The historical data trend for Reklaim'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.

* Premium members only.

Reklaim Days Sales Outstanding Chart

Reklaim Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,124.02 1,422.06 110.41 66.40 75.80

Reklaim Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 73.48 72.95 60.28 73.62 60.74

Competitive Comparison of Reklaim's Days Sales Outstanding

For the Software - Application subindustry, Reklaim'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.


Reklaim's Days Sales Outstanding Distribution in the Software Industry

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

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



Reklaim 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.

Reklaim'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
=( (0.55 + 1.158) / 2 ) / 4.112*365
=0.854 / 4.112*365
=75.80

Reklaim'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
=( (0.727 + 1.158) / 2 ) / 1.416*365 / 4
=0.9425 / 1.416*365 / 4
=60.74

* 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.


Reklaim  (TSXV:MYID) Days Sales Outstanding Explanation

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


Reklaim Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Reklaim's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Reklaim (TSXV:MYID) Business Description

Industry
Traded in Other Exchanges
Address
333 Bay Street, Bay Adelaide Centre, West Tower, Suite 1100, Toronto, ON, CAN, M5H2R2
Reklaim Ltd is a privacy-compliant identity ecosystem, available both online and as a mobile application on iOS and Android in the United States, Canada, Australia, Singapore, and New Zealand. It allows consumers control and visibility regarding how their data is collected and compensates them for its use, while also providing advertisers and brands with a compliant data source.
Executives
Robert Fernicola Director

Reklaim (TSXV:MYID) Headlines

No Headlines