Arway (XCNQ:ARWY) Days Sales Outstanding : 41.13 (As of Feb. 2024)

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What is Arway Days Sales Outstanding?

Arway's average Accounts Receivable for the three months ended in Feb. 2024 was C$0.06 Mil. Arway's Revenue for the three months ended in Feb. 2024 was C$0.14 Mil. Hence, Arway's Days Sales Outstanding for the three months ended in Feb. 2024 was 41.13.

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

XCNQ:ARWY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.58 Med: 146 Max: 146
Current: 42.58

During the past 2 years, Arway's highest Days Sales Outstanding was 146.00. The lowest was 42.58. And the median was 146.00.

XCNQ:ARWY's Days Sales Outstanding is ranked better than
74.01% of 2732 companies
in the Software industry
Industry Median: 61.815 vs XCNQ:ARWY: 42.58

Arway's Days Sales Outstanding increased from Feb. 2023 (35.26) to Feb. 2024 (41.13).

Arway Days Sales Outstanding Historical Data

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

Arway Annual Data

Trend

Aug22

Aug23

Days Sales Outstanding

146.00

Arway Quarterly Data
	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial			35.26	153.47	93.23	18.50	41.13

Competitive Comparison of Arway's Days Sales Outstanding

For the Software - Application subindustry, Arway'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.

Arway's Days Sales Outstanding Distribution in the Software Industry

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

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

Arway 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.

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

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (0	+	0.024)	/	1 )	/	0.06	*	365
=	0.024					/	0.06	*	365
=	146.00

Arway's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (0.036	+	0.092)	/	2 )	/	0.142	*	365 / 4
=	0.064					/	0.142	*	365 / 4
=	41.13

Arway (XCNQ:ARWY) Days Sales Outstanding Explanation

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

Arway Days Sales Outstanding Related Terms

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Arway (XCNQ:ARWY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Arway Corp (XCNQ:ARWY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

ARWYF:USA E65:Germany

Address

Toronto Rpo Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://www.arway.ai

Arway Corp is s an AI-powered augmented reality experience platform for indoor spaces. The platform allows users to easily create experiences for navigation, tours, information sharing, notifications, advertising, and gamification. It creates immersive AR experiences using its web-based studio and brings them to life through smartphones.

Executives

Evan Gappelberg

Director

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