SoundHound AI (SoundHound AI) Days Sales Outstanding : 42.89 (As of Mar. 2024)

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What is SoundHound AI Days Sales Outstanding?

SoundHound AI's average Accounts Receivable for the three months ended in Mar. 2024 was $5.45 Mil. SoundHound AI's Revenue for the three months ended in Mar. 2024 was $11.59 Mil. Hence, SoundHound AI's Days Sales Outstanding for the three months ended in Mar. 2024 was 42.89.

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

SOUN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.43 Med: 40.31 Max: 100.24
Current: 29.43

During the past 4 years, SoundHound AI's highest Days Sales Outstanding was 100.24. The lowest was 29.43. And the median was 40.31.

SOUN's Days Sales Outstanding is ranked better than
86.26% of 2729 companies
in the Software industry
Industry Median: 61.68 vs SOUN: 29.43

SoundHound AI's Days Sales Outstanding increased from Mar. 2023 (41.32) to Mar. 2024 (42.89).

SoundHound AI Days Sales Outstanding Historical Data

The historical data trend for SoundHound AI'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.

SoundHound AI Days Sales Outstanding Chart

SoundHound AI Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

100.24

48.52

32.09

29.69

SoundHound AI Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								41.32	32.28	23.75	19.76	42.89

Competitive Comparison of SoundHound AI's Days Sales Outstanding

For the Software - Application subindustry, SoundHound AI'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.

SoundHound AI's Days Sales Outstanding Distribution in the Software Industry

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

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

SoundHound AI 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.

SoundHound AI'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
=	( (3.414	+	4.05)	/	2 )	/	45.873	*	365
=	3.732					/	45.873	*	365
=	29.69

SoundHound AI'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
=	( (4.05	+	6.849)	/	2 )	/	11.594	*	365 / 4
=	5.4495					/	11.594	*	365 / 4
=	42.89

SoundHound AI (NAS:SOUN) Days Sales Outstanding Explanation

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

SoundHound AI Days Sales Outstanding Related Terms

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SoundHound AI (SoundHound AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SoundHound AI Inc (NAS:SOUN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5400 Betsy Ross Drive, Santa Clara, CA, USA, 95054

Website

https://www.soundhound.com

SoundHound AI Inc is an innovator of conversational intelligence, offering an independent Voice AI platform that enables businesses across industries to deliver high-quality conversational experiences to customers.

Executives

Timothy Stonehocker	officer: Chief Technology Officer	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Michael Zagorsek	officer: Chief Operating Officer	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Lawrence Marcus	director	2105 WOODSIDE RD., WOODSIDE CA 94062
Nitesh Sharan	officer: Chief Financial Officer	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Keyvan Mohajer	director, 10 percent owner, officer: CEO	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Majid Emami	10 percent owner, officer: VP, Engineering	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
James Ming Hom	director, officer: VP, Products	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Diana Sroka	director	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Eric R. Ball	director	C/O GLU MOBILE INC., 45 FREMONT STREET, SUITE 2800, SAN FRANCISCO CA 94105
Global Catalyst Partners Iii L P	10 percent owner	6239 MOJAVE DRIVE, SAN JOSE CA 95120
Zubin Irani	officer: Chief Revenue Officer	5400 BETSY ROSS DRIVE, SANTA CLARA CA 95054
Global Catalyst Venture Management Iii, Llc	10 percent owner	6239 MOJAVE DRIVE, SAN JOSE CA 95120
Stephen N Cannon	director, 10 percent owner, officer: Chief Executive Officer	13/F TOWER 2, NEW WORLD TOWER, 18 QUEENS ROAD CENTRAL, HONG KONG K3 K3 00000
Bryant B Edwards	director	25/28 OLD BURLINGTON STREET, LONDON X0 W1S 3AN
Daniel L Sheehan	officer: Chief Operating Officer	38 KEYES AVENUE SUITE 204, SAN FRANCISCO CA 94129