Harvest Technology (MAL:HRV) Days Sales Outstanding : 62.44 (As of Dec. 2023)

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What is Harvest Technology Days Sales Outstanding?

Harvest Technology's average Accounts Receivable for the six months ended in Dec. 2023 was €2.55 Mil. Harvest Technology's Revenue for the six months ended in Dec. 2023 was €7.45 Mil. Hence, Harvest Technology's Days Sales Outstanding for the six months ended in Dec. 2023 was 62.44.

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

MAL:HRV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.43 Med: 94.05 Max: 114.42
Current: 79.08

During the past 5 years, Harvest Technology's highest Days Sales Outstanding was 114.42. The lowest was 61.43. And the median was 94.05.

MAL:HRV's Days Sales Outstanding is not ranked
in the Software industry.
Industry Median: 61.675 vs MAL:HRV: 79.08

Harvest Technology's Days Sales Outstanding declined from Dec. 2022 (90.47) to Dec. 2023 (62.44).

Harvest Technology Days Sales Outstanding Historical Data

The historical data trend for Harvest Technology'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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Harvest Technology Days Sales Outstanding Chart

Harvest Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

96.41

61.43

92.84

114.42

94.05

Harvest Technology Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial					99.68	102.08	90.47	81.07	62.44

Competitive Comparison of Harvest Technology's Days Sales Outstanding

For the Information Technology Services subindustry, Harvest Technology'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.

Harvest Technology's Days Sales Outstanding Distribution in the Software Industry

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

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

Harvest Technology 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.

Harvest Technology'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
=	( (4.423	+	3.125)	/	2 )	/	14.647	*	365
=	3.774					/	14.647	*	365
=	94.05

Harvest Technology'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
=	( (1.972	+	3.125)	/	2 )	/	7.449	*	365 / 2
=	2.5485					/	7.449	*	365 / 2
=	62.44

Harvest Technology (MAL:HRV) Days Sales Outstanding Explanation

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

Harvest Technology Days Sales Outstanding Related Terms

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Harvest Technology (MAL:HRV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Technology PLC (MAL:HRV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valletta Road, Nineteen Twenty Three, Marsa, MLT, MRS 3000

Website

https://www.harvest.tech

Harvest Technology PLC is an investment and holding company. It provides delivery of business solutions and technology (including integrated and automated solutions) and payment solutions and related services. The company's portfolio consists of entities delivering systems engineering, security solutions, e-commerce platforms, electronic payments solutions, networking and system maintenance, automation products, product development and IT outsourcing. The Group operates two business activities which are the sale of payment processing services and the provision of IT solutions and security systems.

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