Switch to:
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Orbit International Corp (OTCPK:ORBT)
Days Sales Outstanding
62.33 (As of Jun. 2016)

Orbit International Corp's account receivable for the three months ended in Jun. 2016 was \$3.36 Mil. Orbit International Corp's revenue for the three months ended in Jun. 2016 was \$4.92 Mil. Hence, Orbit International Corp's days sales outstanding for the three months ended in Jun. 2016 was 62.33.

Orbit International Corp's days sales outstanding increased from Dec. 2014 (43.61) to Jun. 2016 (62.33).

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.

Orbit International Corp's Days Sales Outstanding for the fiscal year that ended in Dec. 2015 is calculated as

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 3.264 / 20.13 * 365 = 59.18

Orbit International Corp's Days Sales Outstanding for the quarter that ended in Jun. 2016 is calculated as:

 Days Sales Outstanding = Account Receivable / Revenue * Days in Period = 3.36 / 4.919 * 365 / 4 = 62.33

* 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

Historical Data

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

Orbit International Corp Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 DaysSalesOutstanding 54.16 66.23 84.47 53.09 53.59 58.10 66.61 43.81 36.02 59.18

Orbit International Corp Quarterly Data

 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 DaysSalesOutstanding 61.69 46.84 59.54 40.62 0.00 43.61 0.00 62.60 53.98 62.33
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)