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Zonetail (TSXV:ZONE) Days Sales Outstanding : 347.89 (As of Sep. 2023)


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What is Zonetail Days Sales Outstanding?

Zonetail's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.03 Mil. Zonetail's Revenue for the three months ended in Sep. 2023 was C$0.01 Mil. Hence, Zonetail's Days Sales Outstanding for the three months ended in Sep. 2023 was 347.89.

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

TSXV:ZONE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.12   Med: 232.69   Max: 338.29
Current: 306.7

During the past 8 years, Zonetail's highest Days Sales Outstanding was 338.29. The lowest was 42.12. And the median was 232.69.

TSXV:ZONE's Days Sales Outstanding is ranked worse than
94.63% of 2737 companies
in the Software industry
Industry Median: 61.8 vs TSXV:ZONE: 306.70

Zonetail's Days Sales Outstanding declined from Jun. 2022 (558.91) to Sep. 2023 (347.89).


Zonetail Days Sales Outstanding Historical Data

The historical data trend for Zonetail'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.

Zonetail Days Sales Outstanding Chart

Zonetail Annual Data
Trend Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial 80.12 42.12 232.69 338.29 297.76

Zonetail Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 558.91 178.99 171.09 163.49 347.89

Competitive Comparison of Zonetail's Days Sales Outstanding

For the Software - Application subindustry, Zonetail'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.


Zonetail's Days Sales Outstanding Distribution in the Software Industry

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

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



Zonetail 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.

Zonetail's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (0.034 + 0.028) / 2 ) / 0.038*365
=0.031 / 0.038*365
=297.76

Zonetail's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.015 + 0.046) / 2 ) / 0.008*365 / 4
=0.0305 / 0.008*365 / 4
=347.89

* 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.


Zonetail  (TSXV:ZONE) Days Sales Outstanding Explanation

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


Zonetail Days Sales Outstanding Related Terms

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


Zonetail (TSXV:ZONE) Business Description

Traded in Other Exchanges
Address
20 Dalhousie Street, Toronto, ON, CAN, M5B 2A5
Zonetail Inc is a mobile platform and market network. Its mission is to provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services. Its Vision is to build a critical mass of users in the hard-to-reach, high-rise residential vertical, through a unique mobile market network model - providing vital information, products, and services at the tap of a screen. It is the search engine to optimizes the home. Zonetail is partnered with Yardi, Shiftsuite, and now MRI Software which together account for an estimated 50 million households across North America.
Executives
Mark William Holmes Director, Senior Officer

Zonetail (TSXV:ZONE) Headlines