Mach7 Technologies (ASX:M7T) Days Sales Outstanding : 77.96 (As of Dec. 2023)

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What is Mach7 Technologies Days Sales Outstanding?

Mach7 Technologies's average Accounts Receivable for the six months ended in Dec. 2023 was A$5.70 Mil. Mach7 Technologies's Revenue for the six months ended in Dec. 2023 was A$13.33 Mil. Hence, Mach7 Technologies's Days Sales Outstanding for the six months ended in Dec. 2023 was 77.96.

The historical rank and industry rank for Mach7 Technologies's Days Sales Outstanding or its related term are showing as below:

ASX:M7T' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.68 Med: 70.21 Max: 153.05
Current: 104.66

During the past 13 years, Mach7 Technologies's highest Days Sales Outstanding was 153.05. The lowest was 36.68. And the median was 70.21.

ASX:M7T's Days Sales Outstanding is ranked worse than
87.5% of 640 companies
in the Healthcare Providers & Services industry
Industry Median: 45.94 vs ASX:M7T: 104.66

Mach7 Technologies's Days Sales Outstanding increased from Dec. 2022 (29.48) to Dec. 2023 (77.96).

Mach7 Technologies Days Sales Outstanding Historical Data

The historical data trend for Mach7 Technologies'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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Mach7 Technologies Days Sales Outstanding Chart

Mach7 Technologies Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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70.21

36.68

40.33

42.47

76.90

Mach7 Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															38.50	118.64	29.48	237.44	77.96

Competitive Comparison of Mach7 Technologies's Days Sales Outstanding

For the Health Information Services subindustry, Mach7 Technologies'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.

Mach7 Technologies's Days Sales Outstanding Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mach7 Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Mach7 Technologies's Days Sales Outstanding falls into.

Mach7 Technologies 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.

Mach7 Technologies's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.917	+	6.619)	/	2 )	/	20.258	*	365
=	4.268					/	20.258	*	365
=	76.90

Mach7 Technologies'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
=	( (6.619	+	4.771)	/	2 )	/	13.332	*	365 / 2
=	5.695					/	13.332	*	365 / 2
=	77.96

Mach7 Technologies (ASX:M7T) Days Sales Outstanding Explanation

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

Mach7 Technologies Days Sales Outstanding Related Terms

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Mach7 Technologies (ASX:M7T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Mach7 Technologies Ltd (ASX:M7T) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

120 Kimball Avenue, Suite 210, South Burlington, VT, USA, 05403

Website

https://www.mach7t.com

Mach7 Technologies Ltd is engaged in enterprise imaging data sharing, storage, and interoperability for healthcare enterprises globally. The principal activity of the Company is the development and commercialisation of medical imaging and data, management software solutions for global healthcare enterprises The company's operating segment includes Software licenses and Professional services. It generates maximum revenue from the Software licenses segment. Geographically, it derives a majority of its revenue from North America and also has a presence in the Middle East; Asia/Pacific and Europe, and other regions. The company's solutions include Management Studio; Diagnostic Studio; and Clinical Studio.

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