Empire Resources (Empire Resources) Days Sales Outstanding : 53.03 (As of Dec. 2016)

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What is Empire Resources Days Sales Outstanding?

Empire Resources's average Accounts Receivable for the three months ended in Dec. 2016 was $58.5 Mil. Empire Resources's Revenue for the three months ended in Dec. 2016 was $100.6 Mil. Hence, Empire Resources's Days Sales Outstanding for the three months ended in Dec. 2016 was 53.03.

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

ERS's Days Sales Outstanding is not ranked ^*
in the Industrial Distribution industry.
Industry Median: 58.595
* Ranked among companies with meaningful Days Sales Outstanding only.

Empire Resources's Days Sales Outstanding declined from Dec. 2015 (64.30) to Dec. 2016 (53.03).

Empire Resources Days Sales Outstanding Historical Data

The historical data trend for Empire Resources'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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Empire Resources Days Sales Outstanding Chart

Empire Resources Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Sales Outstanding

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37.30

40.17

44.63

52.55

45.08

Empire Resources Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16
Days Sales Outstanding	Get a 7-Day Free Trial															64.30	50.04	51.74	52.07	53.03

Competitive Comparison of Empire Resources's Days Sales Outstanding

For the Industrial Distribution subindustry, Empire Resources'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.

Empire Resources's Days Sales Outstanding Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Empire Resources's Days Sales Outstanding distribution charts can be found below:

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

Empire Resources 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.

Empire Resources's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

	Days Sales Outstanding (A: Dec. 2016 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2015 )	+	Accounts Receivable (A: Dec. 2016 ))	/	count )	/	Revenue (A: Dec. 2016 )	*	Days in Period
=	( (60.525	+	52.81)	/	2 )	/	458.864	*	365
=	56.6675					/	458.864	*	365
=	45.08

Empire Resources's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

	Days Sales Outstanding (Q: Dec. 2016 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2016 )	+	Accounts Receivable (A: Dec. 2016 ))	/	count )	/	Revenue (A: Dec. 2016 )	*	Days in Period
=	( (64.143	+	52.81)	/	2 )	/	100.629	*	365 / 4
=	58.4765					/	100.629	*	365 / 4
=	53.03

Empire Resources (NAS:ERS) Days Sales Outstanding Explanation

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

Empire Resources Days Sales Outstanding Related Terms

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Empire Resources (Empire Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Empire Resources Inc (NAS:ERS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.empireresources.com

Empire Resources Inc was incorporated in the State of Delaware in 1990 under the name Integrated Technology USA, Inc. On September 17, 1999, the Company merged with Empire Resources, Inc. a distributor of value added, semi-finished aluminum products. Since the merger, the Company has continued the business of Empire under the name of Empire Resources, Inc. The Company is engaged in the purchase, sale and distribution of semi-finished aluminum and steel products to customer base located in the Americas, Europe, Australia and New Zealand. The Company sells its products through its own marketing and sales personnel and its independent sales agents who are located in North America and in Europe. The Company's semi-finished aluminum and steel products which are produced by processing aluminum or steel and/or aluminum scrap. A product is considered 'semi-finished' if it has not yet been converted into a final end product. Semi-finished aluminum products include aluminum sheet, coil, plate and foil, rod, bar and wire, extruded and cast products. The Company provides many of these forms of semi-finished aluminum products to its customers. The Company sells its products mainly through its own marketing and sales personnel. In addition, it sells less than 10% of its products through independent sales agents. The Company serves more than 300 customers in industries, such as distribution, transportation, automobile, housing, appliances and packaging. Its competitors include aluminum producers and rolling mills. Its competitors include: Alcoa Inc. and Aleris Rolled Products, Inc. The Company is subject to governmental regulations governing imports, in particular regulations governing the imposition of tariffs and antidumping and other duties.

Executives

Leon G Cooperman	10 percent owner	7118 MELROSE CASTLE LANE, BOCA RATON FL 33496
Jack Bendheim	director	C/O EMPIRE RESOURCES, INC., 1 PARKER PLAZA, SUIET 10, FORT LEE NJ 07024
Nathan Mazurek	director	C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Douglas Kass	director	C/O EMPIRE RESOURCES, INC., ONE PARKER PLAZA, FORT LEE NJ 07024

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