Essex Rental (Essex Rental) Days Sales Outstanding : 62.74 (As of Sep. 2015)

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What is Essex Rental Days Sales Outstanding?

Essex Rental's average Accounts Receivable for the three months ended in Sep. 2015 was $16.56 Mil. Essex Rental's Revenue for the three months ended in Sep. 2015 was $24.09 Mil. Hence, Essex Rental's Days Sales Outstanding for the three months ended in Sep. 2015 was 62.74.

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

ESSX's Days Sales Outstanding is not ranked ^*
in the Business Services industry.
Industry Median: 58.575
* Ranked among companies with meaningful Days Sales Outstanding only.

Essex Rental's Days Sales Outstanding increased from Sep. 2014 (54.46) to Sep. 2015 (62.74).

Essex Rental Days Sales Outstanding Historical Data

The historical data trend for Essex Rental'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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Essex Rental Days Sales Outstanding Chart

Essex Rental Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Sales Outstanding

Get a 7-Day Free Trial

78.11

55.23

53.80

54.86

54.76

Essex Rental Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Days Sales Outstanding	Get a 7-Day Free Trial															54.46	54.31	72.00	62.51	62.74

Competitive Comparison of Essex Rental's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Essex Rental'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.

Essex Rental's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Essex Rental's Days Sales Outstanding distribution charts can be found below:

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

Essex Rental 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.

Essex Rental's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

	Days Sales Outstanding (A: Dec. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )	/	Revenue (A: Dec. 2014 )	*	Days in Period
=	( (14.059	+	16.981)	/	2 )	/	103.449	*	365
=	15.52					/	103.449	*	365
=	54.76

Essex Rental's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

	Days Sales Outstanding (Q: Sep. 2015 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2015 )	+	Accounts Receivable (A: Sep. 2015 ))	/	count )	/	Revenue (A: Sep. 2015 )	*	Days in Period
=	( (16.706	+	16.419)	/	2 )	/	24.09	*	365 / 4
=	16.5625					/	24.09	*	365 / 4
=	62.74

Essex Rental (OTCPK:ESSX) Days Sales Outstanding Explanation

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

Essex Rental Days Sales Outstanding Related Terms

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Essex Rental (Essex Rental) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Essex Rental Corp. (OTCPK:ESSX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.essexrentalcorp.com

Essex Rental Corp was incorporated in Delaware on August 21, 2006 as a blank check company whose objective was to effect a merger, capital stock exchange, asset acquisition or other similar business combination with an operating business. On October 31, 2008, the Company consummated the acquisition of Holdings and its wholly-owned subsidiary, Essex Crane. Through its operating subsidiaries, Essex Crane and Coast Crane, it is one of North America's providers of lifting equipment including lattice-boom crawler cranes, truck cranes and rough terrain cranes, tower cranes, and other lifting equipment used in construction projects. Its products and services as grouped within the Company's three defined operating segments; equipment rentals; equipment distribution; and parts and service. It offers for rent, crawler cranes and attachments, rough terrain cranes, boom trucks, tower cranes, and other construction related rental equipment. Most attachments are rented separately and increase either the lifting capacity or the reach capabilities of the base crawler cranes and tower cranes. It also offers transportation, rigging and repair and maintenance services while equipment is on rent. It also provides repairs and maintenance services for customers that own their own equipment and request its services at one of its service center locations. Its target customers for these ancillary services are its current rental customers, customers that own their own equipment and those who purchase new and used equipment from the Company. Its parts and services operations are conducted through its Coast Crane subsidiary. Its operations are also subject to federal, state and local laws and regulations pertaining to occupational safety and health, most notably standards promulgated by OSHA. It is subject to various OSHA regulations that primarily deal with maintaining a safe work-place environment.

Executives

John M Climaco	director	PO BOX 326, PARK CITY UT 84060
Lee D Keddie	director	1110 W. LAKE COOK ROAD SUITE 220 BUFFALO GROVE IL 60089
William W Fox	director	H&E EQUIPMENT SERVICES, 11100 MEAD ROAD, SUITE 200, BATON ROUGE LA 70816
Nicholas J. Matthews	director, officer: Chief Executive Officer	C/O C/O FREIGHTCAR AMERICA, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 1250, CHICAGO IL 60606
John G. Nestor	director	C/O ESSEX RENTAL CORP., 1110 LAKE COOK ROAD, SUITE 220, BUFFALO GROVE IL 60089
David M Knott	10 percent owner	485 UNDERHILL BLVD, STE 205, SYOSSET NY 11791-3419
C4s & Co Llc	10 percent owner	RAMIUS LLC, 599 LEXINGTON AVENUE, NEW YORK NY 10022
Morgan B Stark	10 percent owner, other: See Explanation of Responses	C/O RAMIUS LLC, 599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Ramius Advisors Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jeffrey M Solomon	10 percent owner, other: See Explanation of Responses	599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Rcg Enterprise Ltd	10 percent owner	599 LEXINGTON AVENUE 20TH FLOOR, NEW YORK NY 10022
Cowen Inc.	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Ramius Capital Group Llc	10 percent owner	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Thomas W Strauss	10 percent owner, other: See Explanation of Responses	599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022

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