Zoom2u Technologies (ASX:Z2U) Days Sales Outstanding : 47.87 (As of Dec. 2023)

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What is Zoom2u Technologies Days Sales Outstanding?

Zoom2u Technologies's average Accounts Receivable for the six months ended in Dec. 2023 was A$0.76 Mil. Zoom2u Technologies's Revenue for the six months ended in Dec. 2023 was A$2.89 Mil. Hence, Zoom2u Technologies's Days Sales Outstanding for the six months ended in Dec. 2023 was 47.87.

The historical rank and industry rank for Zoom2u Technologies's Days Sales Outstanding or its related term are showing as below:

ASX:Z2U' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.29 Med: 45.51 Max: 51.17
Current: 51.17

During the past 2 years, Zoom2u Technologies's highest Days Sales Outstanding was 51.17. The lowest was 44.29. And the median was 45.51.

ASX:Z2U's Days Sales Outstanding is ranked better than
63.58% of 2732 companies
in the Software industry
Industry Median: 61.675 vs ASX:Z2U: 51.17

Zoom2u Technologies's Days Sales Outstanding declined from Dec. 2022 (58.16) to Dec. 2023 (47.87).

Zoom2u Technologies Days Sales Outstanding Historical Data

The historical data trend for Zoom2u Technologies'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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Zoom2u Technologies Days Sales Outstanding Chart

Zoom2u Technologies Annual Data

Trend

Jun22

Jun23

Days Sales Outstanding

46.72

44.29

Zoom2u Technologies Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			79.02	80.65	58.16	46.75	47.87

Competitive Comparison of Zoom2u Technologies's Days Sales Outstanding

For the Software - Application subindustry, Zoom2u Technologies'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.

Zoom2u Technologies's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Zoom2u Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Zoom2u Technologies's Days Sales Outstanding falls into.

Zoom2u Technologies 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.

Zoom2u Technologies's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.593	+	0.531)	/	2 )	/	4.632	*	365
=	0.562					/	4.632	*	365
=	44.29

Zoom2u Technologies'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.531	+	0.985)	/	2 )	/	2.89	*	365 / 2
=	0.758					/	2.89	*	365 / 2
=	47.87

Zoom2u Technologies (ASX:Z2U) Days Sales Outstanding Explanation

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

Zoom2u Technologies Days Sales Outstanding Related Terms

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Zoom2u Technologies (ASX:Z2U) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zoom2u Technologies Ltd (ASX:Z2U) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

55 Miller Street, Level 4, Suite 4.11, Pyrmont, Sydney, NSW, AUS, 2009

Website

https://www.zoom2u.com.au

Zoom2u Technologies Ltd is a holding company and has four wholly owned subsidiaries namely Zoom2u, Locate2u, Locate IP and 2u Enterprises. Zoom2u operates the platform and the marketplace; Locate2u offers clients a Software as a service product for delivery and services businesses to manage bookings, optimize routes, track their team (GPS Tracking) and share their live locations with their customers; Locate IP employs software developers, and 2u Enterprises operates Shred2u and markets ad hoc ecommerce web development services and bespoke distribution operations.

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