GURUFOCUS.COM » STOCK LIST » Technology » Software » SmartRent Inc (NYSE:SMRT) » Definitions » Days Sales Outstanding

SmartRent (SmartRent) Days Sales Outstanding : 108.44 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is SmartRent Days Sales Outstanding?

SmartRent's average Accounts Receivable for the three months ended in Mar. 2024 was $60.0 Mil. SmartRent's Revenue for the three months ended in Mar. 2024 was $50.5 Mil. Hence, SmartRent's Days Sales Outstanding for the three months ended in Mar. 2024 was 108.44.

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

SMRT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 95.82   Med: 113.35   Max: 144.43
Current: 99.41

During the past 4 years, SmartRent's highest Days Sales Outstanding was 144.43. The lowest was 95.82. And the median was 113.35.

SMRT's Days Sales Outstanding is ranked worse than
74.47% of 2726 companies
in the Software industry
Industry Median: 61.895 vs SMRT: 99.41

SmartRent's Days Sales Outstanding increased from Mar. 2023 (85.19) to Mar. 2024 (108.44).


SmartRent Days Sales Outstanding Historical Data

The historical data trend for SmartRent'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.

SmartRent Days Sales Outstanding Chart

SmartRent Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
144.43 109.32 117.37 95.82

SmartRent Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 85.19 101.76 97.04 94.99 108.44

Competitive Comparison of SmartRent's Days Sales Outstanding

For the Software - Application subindustry, SmartRent'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.


SmartRent's Days Sales Outstanding Distribution in the Software Industry

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

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



SmartRent 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.

SmartRent'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
=( (62.442 + 61.903) / 2 ) / 236.838*365
=62.1725 / 236.838*365
=95.82

SmartRent's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (61.903 + 58.093) / 2 ) / 50.489*365 / 4
=59.998 / 50.489*365 / 4
=108.44

* 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.


SmartRent  (NYSE:SMRT) Days Sales Outstanding Explanation

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


SmartRent Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of SmartRent's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


SmartRent (SmartRent) Business Description

Traded in Other Exchanges
N/A
Address
8665 E. Hartford Drive, Suite 200, Scottsdale, AZ, USA, 85255
SmartRent Inc is an enterprise smart home and smart building technology platform for property owners, managers and residents. The SmartRent solution is designed to provide property managers with seamless visibility and control over all their assets while delivering cost savings and additional revenue opportunities through all-in-one home control offerings for residents. Geographical, it operates in the United States and International; majority revenue being generated from the United States.
Executives
Alana Beard director 6060 CENTER DRIVE 10TH FLOOR, LOS ANGELES CA 90045
Bruce C Strohm director C/O EQUITY RESIDENTIAL, TWO NORTH RIVERSIDE PLAZA, SUITE 400, CHICAGO IL 60606
Isaiah Derose-wilson officer: Chief Technology Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Kristen Morse Lee officer: General Counsel 8665 E HARTFORD DRIVE SUITE 200, SCOTTSDALE AZ 85255
Robert T. Best director 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Bain Capital Venture Fund 2019, L.p. 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Christopher Jon Edmonds officer: Chief Revenue Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Demetrios Barnes officer: Chief Operating Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Mitch Karren officer: Chief Product Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255
Robyn Young officer: Chief Marketing Officer 8665 E HARTFORD DRIVE, SUITE 200, SCOTTSDALE AZ 855255
Hiroshi Okamoto officer: CFO 8665 E HARTFORD DRIVE, SUITE 200, SCOTTSDALE AZ 85255
John Hanson Helm 10 percent owner C/O REAL ESTATE TECHNOLOGY VENTURES, 136 HEBER AVE, SUITE 304, PARK CITY UT 84060
Brian M Roberts officer: Chief Legal Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Jonathan Wolter officer: Chief Financial Officer 1235 RADIO ROAD, SUITE 110, REDWOOD CITY CA 94065
Lucas Merwan Haldeman director, officer: Chief Executive Officer 18835 N. THOMPSON PEAK PARKWAY, SUITE 300, SCOTTSDALE AZ 85255