Maris Tech (Maris Tech) Days Sales Outstanding : 95.97 (As of Dec. 2023)

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What is Maris Tech Days Sales Outstanding?

Maris Tech's average Accounts Receivable for the six months ended in Dec. 2023 was $1.87 Mil. Maris Tech's Revenue for the six months ended in Dec. 2023 was $3.56 Mil. Hence, Maris Tech's Days Sales Outstanding for the six months ended in Dec. 2023 was 95.97.

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

MTEK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.45 Med: 96.46 Max: 208.08
Current: 161.39

During the past 5 years, Maris Tech's highest Days Sales Outstanding was 208.08. The lowest was 61.45. And the median was 96.46.

MTEK's Days Sales Outstanding is ranked worse than
90.31% of 2457 companies
in the Hardware industry
Industry Median: 74.19 vs MTEK: 161.39

Maris Tech's Days Sales Outstanding declined from Dec. 2022 (132.99) to Dec. 2023 (95.97).

Warning Sign:

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

Maris Tech Days Sales Outstanding Historical Data

The historical data trend for Maris Tech'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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Maris Tech Days Sales Outstanding Chart

Maris Tech Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

96.46

67.24

61.45

158.60

208.08

Maris Tech Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				200.36	113.59	132.99	453.75	95.97

Competitive Comparison of Maris Tech's Days Sales Outstanding

For the Electronic Components subindustry, Maris Tech'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.

Maris Tech's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Maris Tech 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.

Maris Tech'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
=	( (1.606	+	2.99)	/	2 )	/	4.031	*	365
=	2.298					/	4.031	*	365
=	208.08

Maris Tech'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.751	+	2.99)	/	2 )	/	3.557	*	365 / 2
=	1.8705					/	3.557	*	365 / 2
=	95.97

Maris Tech (NAS:MTEK) Days Sales Outstanding Explanation

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

Maris Tech Days Sales Outstanding Related Terms

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Maris Tech (Maris Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maris Tech Ltd (NAS:MTEK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Yitzhak Modai Street, Rehovot, ISR, 7608804

Website

https://www.maris-tech.com

Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.