Chicago Rivet & Machine Co (Chicago Rivet & Machine Co) Days Sales Outstanding : 67.84 (As of Dec. 2023)

View and export this data going back to 1979. Start your Free Trial

What is Chicago Rivet & Machine Co Days Sales Outstanding?

Chicago Rivet & Machine Co's average Accounts Receivable for the three months ended in Dec. 2023 was $5.04 Mil. Chicago Rivet & Machine Co's Revenue for the three months ended in Dec. 2023 was $6.78 Mil. Hence, Chicago Rivet & Machine Co's Days Sales Outstanding for the three months ended in Dec. 2023 was 67.84.

The historical rank and industry rank for Chicago Rivet & Machine Co's Days Sales Outstanding or its related term are showing as below:

CVR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 53.05 Med: 55.5 Max: 64.64
Current: 62.87

During the past 13 years, Chicago Rivet & Machine Co's highest Days Sales Outstanding was 64.64. The lowest was 53.05. And the median was 55.50.

CVR's Days Sales Outstanding is ranked better than
67.43% of 2957 companies
in the Industrial Products industry
Industry Median: 79.38 vs CVR: 62.87

Chicago Rivet & Machine Co's Days Sales Outstanding declined from Dec. 2022 (76.87) to Dec. 2023 (67.84).

Chicago Rivet & Machine Co Days Sales Outstanding Historical Data

The historical data trend for Chicago Rivet & Machine Co'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.

Chicago Rivet & Machine Co Days Sales Outstanding Chart

Chicago Rivet & Machine Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

56.28

64.64

58.07

57.62

53.58

Chicago Rivet & Machine Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															76.87	58.26	68.44	67.24	67.84

Competitive Comparison of Chicago Rivet & Machine Co's Days Sales Outstanding

For the Tools & Accessories subindustry, Chicago Rivet & Machine Co'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.

Chicago Rivet & Machine Co's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chicago Rivet & Machine Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Chicago Rivet & Machine Co's Days Sales Outstanding falls into.

Chicago Rivet & Machine Co 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.

Chicago Rivet & Machine Co'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
=	( (4.975	+	4.276)	/	2 )	/	31.508	*	365
=	4.6255					/	31.508	*	365
=	53.58

Chicago Rivet & Machine Co'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (5.806	+	4.276)	/	2 )	/	6.781	*	365 / 4
=	5.041					/	6.781	*	365 / 4
=	67.84

Chicago Rivet & Machine Co (AMEX:CVR) Days Sales Outstanding Explanation

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

Chicago Rivet & Machine Co Days Sales Outstanding Related Terms

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

Chicago Rivet & Machine Co (Chicago Rivet & Machine Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Chicago Rivet & Machine Co (AMEX:CVR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 Frontenac Road, Naperville, IL, USA, 60563

Website

https://www.chicagorivet.com

Chicago Rivet & Machine Co is in the fastener industry in North America. The company operates in two segments namely fasteners and assembly equipment. Its fastener segment consists of the manufacture and sale of rivets, cold-formed fasteners, parts, and screw machine products. The assembly equipment segment consists mainly of the manufacture of automatic rivet setting machines, automatic assembly equipment, and parts and tools for such machines. The majority of revenue is from the fastener segment. Geographically, the majority is from the United States.

Executives

Gregory D Rizzo	officer: Chief Executive Officer	901 FRONTENAC ROAD, NAPERVILLE IL 60563
Morrissey Walter W Jr	director	901 FRONTENAC ROAD, NAPERVILLE IL 60563
Patricia M Miller	director	901 FRONTENAC ROAD, NAPERVILLE IL 60563
James W Morrissey	director	901 FRONTENAC ROAD, NAPERVILLE IL 60563
Kurt Moders	director	901 FRONTENAC ROAD, NAPERVILLE IL 60563
John C Osterman	director	901 FRONTENAC ROAD, NAPERVILLE IL 60563
John L Showel	director	440 S. LASALLE STREET, SUITE 2118, CHICAGO IL 60605
Michael J Bourg	director	901 FRONTENAC ROAD, NAPERVILLE IL 60563
Kent H Cooney	director	11203 COUNTRY CLUB ROAD, WOODSTOCK IL 60098
Labold Jack J Jr	other: Sales Manager	901 FRONTENAC ROAD, NAPERVILLE IL 60563
Divane William T Jr	director	2424 NORTH 25TH AVENUE, FRANKLIN PARK IL 60131
George P Lynch	director	3030 WARRENVILLE ROAD, SUITE 215, LISLE IL 60532