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Haivision Systems (TSX:HAI) Days Sales Outstanding : 57.90 (As of Jan. 2024)


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What is Haivision Systems Days Sales Outstanding?

Haivision Systems's average Accounts Receivable for the three months ended in Jan. 2024 was C$21.9 Mil. Haivision Systems's Revenue for the three months ended in Jan. 2024 was C$34.6 Mil. Hence, Haivision Systems's Days Sales Outstanding for the three months ended in Jan. 2024 was 57.90.

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

TSX:HAI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.6   Med: 68.93   Max: 79.53
Current: 52.6

During the past 7 years, Haivision Systems's highest Days Sales Outstanding was 79.53. The lowest was 52.60. And the median was 68.93.

TSX:HAI's Days Sales Outstanding is ranked better than
61.2% of 2732 companies
in the Software industry
Industry Median: 61.815 vs TSX:HAI: 52.60

Haivision Systems's Days Sales Outstanding declined from Jan. 2023 (61.28) to Jan. 2024 (57.90).


Haivision Systems Days Sales Outstanding Historical Data

The historical data trend for Haivision Systems'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.

Haivision Systems Days Sales Outstanding Chart

Haivision Systems Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Sales Outstanding
Get a 7-Day Free Trial 77.51 56.69 59.68 67.06 68.93

Haivision Systems Quarterly Data
Oct18 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 61.28 49.65 49.89 57.69 57.90

Competitive Comparison of Haivision Systems's Days Sales Outstanding

For the Software - Infrastructure subindustry, Haivision Systems'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.


Haivision Systems's Days Sales Outstanding Distribution in the Software Industry

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

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



Haivision Systems 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.

Haivision Systems's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

Days Sales Outstanding (A: Oct. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2022 ) + Accounts Receivable (A: Oct. 2023 )) / count ) / Revenue (A: Oct. 2023 )*Days in Period
=( (26.711 + 26.113) / 2 ) / 139.857*365
=26.412 / 139.857*365
=68.93

Haivision Systems's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

Days Sales Outstanding (Q: Jan. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Oct. 2023 ) + Accounts Receivable (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )*Days in Period
=( (26.113 + 17.77) / 2 ) / 34.579*365 / 4
=21.9415 / 34.579*365 / 4
=57.90

* 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.


Haivision Systems  (TSX:HAI) Days Sales Outstanding Explanation

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


Haivision Systems Days Sales Outstanding Related Terms

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Haivision Systems (TSX:HAI) Business Description

Traded in Other Exchanges
Address
2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9
Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.
Executives
Miroslav Wicha 10% Security Holder, Director, Senior Officer

Haivision Systems (TSX:HAI) Headlines

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