ZenaTech (NAS:ZENA) Days Sales Outstanding : 17.66 (As of Sep. 2022)

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What is ZenaTech Days Sales Outstanding?

ZenaTech's average Accounts Receivable for the three months ended in Sep. 2022 was C$0.14 Mil. ZenaTech's Revenue for the three months ended in Sep. 2022 was C$0.74 Mil. Hence, ZenaTech's Days Sales Outstanding for the three months ended in Sep. 2022 was 17.66.

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

NAS:ZENA's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 61.8
* Ranked among companies with meaningful Days Sales Outstanding only.

ZenaTech's Days Sales Outstanding declined from Sep. 2020 (250.54) to Sep. 2022 (17.66).

ZenaTech Days Sales Outstanding Historical Data

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

ZenaTech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Days Sales Outstanding

249.33

107.52

22.85

ZenaTech Quarterly Data
	Sep18	Dec18	Sep19	Dec19	Sep20	Dec20	Sep21	Dec21	Sep22
Days Sales Outstanding	Get a 7-Day Free Trial				250.54	-	23.44	15.65	17.66

Competitive Comparison of ZenaTech's Days Sales Outstanding

For the Software - Infrastructure subindustry, ZenaTech'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.

ZenaTech's Days Sales Outstanding Distribution in the Software Industry

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

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

ZenaTech 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.

ZenaTech's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.197	+	0.243)	/	2 )	/	3.514	*	365
=	0.22					/	3.514	*	365
=	22.85

ZenaTech's Days Sales Outstanding for the quarter that ended in Sep. 2022 is calculated as:

	Days Sales Outstanding (Q: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (0.243	+	0.045)	/	2 )	/	0.744	*	365 / 4
=	0.144					/	0.744	*	365 / 4
=	17.66

ZenaTech (NAS:ZENA) Days Sales Outstanding Explanation

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

ZenaTech Days Sales Outstanding Related Terms

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ZenaTech (NAS:ZENA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ZenaTech Inc (NAS:ZENA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Yonge Street, Suite 1404, Toronto, ON, CAN, M53 1K3

Website

http://www.zenatech.com

ZenaTech Inc is a enterprise software technology company that specializes in mission-critical cloud-based applications integrated with smart hardware to deliver innovative solutions across diverse industries. The Company operates in software development technology, sales, and distribution. The Company is also developing a drone manufacturing, sales, and distribution business. The company operates in two segments which is software development technology, sales, and distribution, as well as drone manufacturing, sales, and distribution.

ZenaTech (NAS:ZENA) Headlines

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