Markforged Holding (Markforged Holding) Days Sales Outstanding : 87.51 (As of Dec. 2023)

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What is Markforged Holding Days Sales Outstanding?

Markforged Holding's average Accounts Receivable for the three months ended in Dec. 2023 was $23.18 Mil. Markforged Holding's Revenue for the three months ended in Dec. 2023 was $24.17 Mil. Hence, Markforged Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 87.51.

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

MKFG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 84.33 Med: 94.07 Max: 103.82
Current: 100.3

During the past 4 years, Markforged Holding's highest Days Sales Outstanding was 103.82. The lowest was 84.33. And the median was 94.07.

MKFG's Days Sales Outstanding is ranked worse than
70.9% of 2457 companies
in the Hardware industry
Industry Median: 74.85 vs MKFG: 100.30

Markforged Holding's Days Sales Outstanding declined from Dec. 2022 (91.41) to Dec. 2023 (87.51).

Markforged Holding Days Sales Outstanding Historical Data

The historical data trend for Markforged Holding'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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Markforged Holding Days Sales Outstanding Chart

Markforged Holding Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

84.33

86.78

101.36

103.82

Markforged Holding Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									91.41	104.94	95.40	112.26	87.51

Competitive Comparison of Markforged Holding's Days Sales Outstanding

For the Computer Hardware subindustry, Markforged Holding'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.

Markforged Holding's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Markforged Holding 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.

Markforged Holding'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
=	( (29.294	+	24.059)	/	2 )	/	93.784	*	365
=	26.6765					/	93.784	*	365
=	103.82

Markforged Holding'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
=	( (22.298	+	24.059)	/	2 )	/	24.17	*	365 / 4
=	23.1785					/	24.17	*	365 / 4
=	87.51

Markforged Holding (NYSE:MKFG) Days Sales Outstanding Explanation

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

Markforged Holding Days Sales Outstanding Related Terms

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Markforged Holding (Markforged Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Markforged Holding Corp (NYSE:MKFG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

480 Pleasant Street, Watertown, MA, USA, 02472

Website

https://www.markforged.com

Markforged Holding Corp transforms manufacturing with 3D metal and continuous carbon fiber printers capable of producing parts tough enough for the factory floor. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to eliminate the barriers between design and functional parts. The company's geographical segments include the Americas; Europe, the Middle East, Africa; and Asia-Pacific.

Executives

Aaron Vandevender	director	1 TOWER PLACE, SUITE 850, SOUTH SAN FRANCISCO CA 94080
Assaf Zipori	officer: Acting Chief Financial Officer	MARKFORGED HOLDING CORP, 60 TOWER ROAD, WALTHAM MA 02451
Shai Terem	director, officer: President and CEO	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Mark Joseph Schwartz	officer: Chief Financial Officer	4104 24TH STREET #345, SAN FRANCISCO CA 94114
Gregory Mark	10 percent owner	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
David Benhaim	officer: Chief Technology Officer	C/O MARKFORGED, 480 PLEASANT STREET, WATERTWON MA 02472
Stephen Karp	officer: General Counsel	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Carol Meyers	director	3 BATTERY WHARF, UNIT 3408, BOSTON MA 02109
Alan Masarek	director	C/O VONAGE HOLDINGS CORP., 23 MAIN STREET, HOLMDEL NJ 07733
Richard A Damore	10 percent owner	C/O NORTHBRIDGE VENTURE PARTNERS, 950 WINTER ST STE 4600, WALTHAM MA 02451
North Bridge Venture Partners 7, L.p.	10 percent owner	60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
North Bridge Venture Management 7, L.p.	10 percent owner	60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
Michael Medici	director	C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Matrix Ix Management Co. Llc	10 percent owner	101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142
Antonio L. Rodriguez	director	MATRIX PARTNERS, 101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142