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GuruFocus has detected 5 Warning Signs with Carbo Ceramics Inc $CRR.
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Carbo Ceramics Inc (NYSE:CRR)
Days Sales Outstanding
74.18 (As of Dec. 2016)

Carbo Ceramics Inc's account receivable for the three months ended in Dec. 2016 was $23.6 Mil. Carbo Ceramics Inc's revenue for the three months ended in Dec. 2016 was $29.1 Mil. Hence, Carbo Ceramics Inc's days sales outstanding for the three months ended in Dec. 2016 was 74.18.

CRR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.38   Max: 83.67
Current: 83.67

58.38
83.67

During the past 13 years, Carbo Ceramics Inc's highest Days Sales Outstanding was 83.67. The lowest was 58.38. And the median was 64.47.

CRR's Days Sales Outstanding is ranked lower than
60% of the 196 Companies
in the Global Oil & Gas Equipment & Services industry.

( Industry Median: 71.69 vs. CRR: 83.67 )

Carbo Ceramics Inc's days sales outstanding declined from Dec. 2015 (78.11) to Dec. 2016 (74.18).

Warning Sign:

If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.


Definition

Days sales outstanding measures of 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 receivables are being managed.

Account receivable can be measured by Days Sales Outstanding.

Carbo Ceramics Inc's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=23.622/103.051*365
=83.67

Carbo Ceramics Inc's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=23.622/29.058*365 / 4
=74.18

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

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


Related Terms

Account Receivable, Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Carbo Ceramics Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 62.4861.8663.6069.0865.3458.3868.4674.6463.4483.67

Carbo Ceramics Inc Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 66.2572.0985.0286.0172.2978.11172.5896.8387.7274.18
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