Sofwave Medical (XTAE:SOFW) Days Sales Outstanding : 45.95 (As of Dec. 2023)

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What is Sofwave Medical Days Sales Outstanding?

Sofwave Medical's average Accounts Receivable for the six months ended in Dec. 2023 was ₪25.4 Mil. Sofwave Medical's Revenue for the six months ended in Dec. 2023 was ₪100.7 Mil. Hence, Sofwave Medical's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.95.

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

XTAE:SOFW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.41 Med: 65.07 Max: 204.93
Current: 44.41

During the past 6 years, Sofwave Medical's highest Days Sales Outstanding was 204.93. The lowest was 44.41. And the median was 65.07.

XTAE:SOFW's Days Sales Outstanding is ranked better than
78.2% of 812 companies
in the Medical Devices & Instruments industry
Industry Median: 65.015 vs XTAE:SOFW: 44.41

Sofwave Medical's Days Sales Outstanding increased from Dec. 2022 (39.77) to Dec. 2023 (45.95).

Sofwave Medical Days Sales Outstanding Historical Data

The historical data trend for Sofwave Medical'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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Sofwave Medical Days Sales Outstanding Chart

Sofwave Medical Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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204.93

69.07

65.07

55.43

44.71

Sofwave Medical Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				83.98	76.18	39.77	42.21	45.95

Competitive Comparison of Sofwave Medical's Days Sales Outstanding

For the Medical Devices subindustry, Sofwave Medical'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.

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

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

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

Sofwave Medical 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.

Sofwave Medical'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
=	( (16.474	+	28.63)	/	2 )	/	184.115	*	365
=	22.552					/	184.115	*	365
=	44.71

Sofwave Medical'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
=	( (22.095	+	28.63)	/	2 )	/	100.732	*	365 / 2
=	25.3625					/	100.732	*	365 / 2
=	45.95

Sofwave Medical (XTAE:SOFW) Days Sales Outstanding Explanation

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

Sofwave Medical Days Sales Outstanding Related Terms

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Sofwave Medical (XTAE:SOFW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sofwave Medical Ltd (XTAE:SOFW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Oak Medtech, Tavor, Alon Medtech Venture, Yokneam Illit, ISR, 2069200

Website

https://sofwave.com

Sofwave Medical Ltd is engaged in the development, marketing, and production of non-invasive technology for skin rejuvenation and firming treatment.

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