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MicroAlgo (MicroAlgo) Days Sales Outstanding : 17.64 (As of Dec. 2023)


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What is MicroAlgo Days Sales Outstanding?

MicroAlgo's average Accounts Receivable for the six months ended in Dec. 2023 was $4.24 Mil. MicroAlgo's Revenue for the six months ended in Dec. 2023 was $43.82 Mil. Hence, MicroAlgo's Days Sales Outstanding for the six months ended in Dec. 2023 was 17.64.

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

MLGO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.25   Med: 18.4   Max: 61.31
Current: 16.45

During the past 4 years, MicroAlgo's highest Days Sales Outstanding was 61.31. The lowest was 11.25. And the median was 18.40.

MLGO's Days Sales Outstanding is ranked better than
93.22% of 2728 companies
in the Software industry
Industry Median: 61.85 vs MLGO: 16.45

MicroAlgo's Days Sales Outstanding declined from Dec. 2022 (20.37) to Dec. 2023 (17.64).

MicroAlgo Days Sales Outstanding Historical Data

The historical data trend for MicroAlgo'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.

MicroAlgo Days Sales Outstanding Chart

MicroAlgo Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
61.31 23.76 11.25 13.04

MicroAlgo Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 10.83 14.32 20.37 18.75 17.64

Competitive Comparison of MicroAlgo's Days Sales Outstanding

For the Software - Infrastructure subindustry, MicroAlgo'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.

MicroAlgo's Days Sales Outstanding Distribution in the Software Industry

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

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


MicroAlgo 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.

MicroAlgo'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
=( (2.602 + 3.249) / 2 ) / 81.892*365
=2.9255 / 81.892*365
=13.04

MicroAlgo'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
=( (5.221 + 3.249) / 2 ) / 43.822*365 / 2
=4.235 / 43.822*365 / 2
=17.64

* 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.

MicroAlgo  (NAS:MLGO) Days Sales Outstanding Explanation

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

MicroAlgo Days Sales Outstanding Related Terms

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MicroAlgo (MicroAlgo) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » MicroAlgo Inc (NAS:MLGO) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
N/A
Address
Taoyuan Street, Unit 507, Building C, Long Jing High & New Technology Jingu Pioneer Park, Nanshan District, Shenzhen, CHN, 518052
Website
MicroAlgo Inc is divided into two segments Central processing algorithm services & Intelligent chips and services. The majority is from the Central processing algorithm services. which refer to a range of computing algorithms, analytical algorithms, recommendation algorithms, & acceleration algorithms. The businesses engaged in internet advertisement, game development, intelligent chip design, finance, retail, & logistics depend on the ability to process & analyze data with optimized computing software & hardware capable of handling the data workload. Intelligent chips & services revenues include revenues generated from the resale of intelligent chips. All of the Company's net revenues were generated in the PRC, Hong Kong, & Singapore, out of which the majority is from the PRC.
Executives
Wimi Hologram Cloud Inc. 10 percent owner NO. 6 XIAOZHUANG, BEIJING F4 100005
Li He officer: CFO C2706, HEZHENGYI GARDEN, SUNGANG STREET, LUOHU DISTRICT SHENZHEN F4 518000
Shiwen Liu officer: COO 2007, DESIGN BUILDING, NO. 8 ZHENHUA ROAD, FUTIAN DISTRICT SHENZHEN F4 518028
Haixia Zhao director ROOM F, 3RD FLOOR, YINGXIE BUILDING, 1002 FUQIANG ROAD, FUTIAN DISTRICT, SHENZHEN F4 518033
Chengwei Yi officer: CTO ROOM 502, UNIT B, BUILDING 3, YIRAN TIANDI RESIDENCE, NANSHAN DISTRICT, SHENZHEN F4 518000
Wengang Kang director ROOM 1214, BUILDING 17, XINYUAN INTERNATIONAL CITY GARDEN, HUAQIAO TOWN, KUNSHAN F4 215332
Xinmin Su director, officer: CEO 1802 YUXUAN PAVILION, 4001 TAIBAI ROAD, LUOHU DISTRICT, SHENZHEN F4 518019
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Liu Yanming director, officer: Chairman + CEO SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Cui Shan director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Yu Chen director SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
River Chi director, officer: Chief Financial Officer SUITE 906 TOWER W1 ORIENTAL SQUARE, BEIJING F4 100006
Guojian Chen director 477 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022