Zentek (TSXV:ZEN) Days Sales Outstanding : 562.71 (As of Dec. 2023)

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What is Zentek Days Sales Outstanding?

Zentek's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.07 Mil. Zentek's Revenue for the three months ended in Dec. 2023 was C$0.01 Mil. Hence, Zentek's Days Sales Outstanding for the three months ended in Dec. 2023 was 562.71.

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

TSXV:ZEN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 284.92 Med: 568.55 Max: 800
Current: 284.92

During the past 13 years, Zentek's highest Days Sales Outstanding was 800.00. The lowest was 284.92. And the median was 568.55.

TSXV:ZEN's Days Sales Outstanding is ranked worse than
95.81% of 811 companies
in the Medical Devices & Instruments industry
Industry Median: 65.11 vs TSXV:ZEN: 284.92

Zentek's Days Sales Outstanding increased from Dec. 2022 (155.13) to Dec. 2023 (562.71).

Zentek Days Sales Outstanding Historical Data

The historical data trend for Zentek'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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Zentek Days Sales Outstanding Chart

Zentek Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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337.09

800.00

Zentek Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															155.13	9.13	-	760.42	562.71

Competitive Comparison of Zentek's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Zentek'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.

Zentek's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Zentek's Days Sales Outstanding distribution charts can be found below:

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

Zentek 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.

Zentek's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.314	+	0.006)	/	2 )	/	0.073	*	365
=	0.16					/	0.073	*	365
=	800.00

Zentek'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.1	+	0.048)	/	2 )	/	0.012	*	365 / 4
=	0.074					/	0.012	*	365 / 4
=	562.71

Zentek (TSXV:ZEN) Days Sales Outstanding Explanation

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

Zentek Days Sales Outstanding Related Terms

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Zentek (TSXV:ZEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Zentek Ltd (TSXV:ZEN) » Definitions » Days Sales Outstanding

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ZTEK:USA ZAY0:Germany

Address

24 Corporate Ct, Guelph, ON, CAN, N1G 5G5

Website

https://www.zentek.com

Zentek Ltd is an IP development and commercialization company focused on next-gen healthcare solutions in the areas of prevention, detection, and treatment.?It is focused on commercializing ZENGuard, a patent-pending coating with 99% antimicrobial activity, including against COVID-19,?and the potential to use?similar?compounds?as pharmaceutical products?against infectious diseases. The company also has an exclusive agreement to be the global commercializing partner for a newly developed, highly scalable, aptamer-based rapid pathogen detection technology.

Executives

Francis Jacques Dubé

Director