Horizon North Logistics private (Horizon North Logistics private) Days Sales Outstanding : 68.97 (As of Mar. 2020)

View and export this data going back to 2009. Start your Free Trial

What is Horizon North Logistics private Days Sales Outstanding?

Horizon North Logistics private's average Accounts Receivable for the three months ended in Mar. 2020 was $62.3 Mil. Horizon North Logistics private's Revenue for the three months ended in Mar. 2020 was $82.4 Mil. Hence, Horizon North Logistics private's Days Sales Outstanding for the three months ended in Mar. 2020 was 68.97.

The historical rank and industry rank for Horizon North Logistics private's Days Sales Outstanding or its related term are showing as below:

HZNOF's Days Sales Outstanding is not ranked ^*
in the Business Services industry.
Industry Median: 58.23
* Ranked among companies with meaningful Days Sales Outstanding only.

Horizon North Logistics private's Days Sales Outstanding increased from Mar. 2019 (50.72) to Mar. 2020 (68.97).

Horizon North Logistics private Days Sales Outstanding Historical Data

The historical data trend for Horizon North Logistics private'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.

Horizon North Logistics private Days Sales Outstanding Chart

Horizon North Logistics private Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Sales Outstanding

Get a 7-Day Free Trial

50.27

48.10

43.22

34.84

25.57

Horizon North Logistics private Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20
Days Sales Outstanding	Get a 7-Day Free Trial															50.72	95.39	88.51	66.55	68.97

Competitive Comparison of Horizon North Logistics private's Days Sales Outstanding

For the Specialty Business Services subindustry, Horizon North Logistics private'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.

Horizon North Logistics private's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Horizon North Logistics private's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Horizon North Logistics private's Days Sales Outstanding falls into.

Horizon North Logistics private 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.

Horizon North Logistics private's Days Sales Outstanding for the fiscal year that ended in Dec. 2019 is calculated as

	Days Sales Outstanding (A: Dec. 2019 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2018 )	+	Accounts Receivable (A: Dec. 2019 ))	/	count )	/	Revenue (A: Dec. 2019 )	*	Days in Period
=	( (21.189	+	27.546)	/	2 )	/	347.859	*	365
=	24.3675					/	347.859	*	365
=	25.57

Horizon North Logistics private's Days Sales Outstanding for the quarter that ended in Mar. 2020 is calculated as:

	Days Sales Outstanding (Q: Mar. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Mar. 2020 ))	/	count )	/	Revenue (A: Mar. 2020 )	*	Days in Period
=	( (27.546	+	96.999)	/	2 )	/	82.39	*	365 / 4
=	62.2725					/	82.39	*	365 / 4
=	68.97

Horizon North Logistics private (OTCPK:HZNOF) Days Sales Outstanding Explanation

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

Horizon North Logistics private Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Horizon North Logistics private's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Horizon North Logistics private (Horizon North Logistics private) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon North Logistics Inc private (OTCPK:HZNOF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

240-4th Avenue SW, Suite 900, Calgary, AB, CAN, T2P 4H4

Website

http://www.horizonnorth.ca

Horizon North Logistics Inc is a Canadian company which provides a range of industrial services and modular construction solutions. The operating segments of the company are Camps and Catering, Rentals and Logistics, and Modular Solutions. Camps and Catering segment includes camp management services, access solutions, and maintenance and utility services as well as handles catering operations. The Rentals and Logistics include all rental operations, mat rental operations, relocatable structures rental operations, transportation operations, and associated services. Its Modular Solutions comprised of all modular manufacturing and installation operations for commercial and residential end markets. Most of the company's revenue comes from Camps and Catering segment.

Horizon North Logistics private (Horizon North Logistics private) Headlines

From GuruFocus

Prem Watsa Comments on Dexterra

By Sydnee Gatewood Sydnee Gatewood • 03-08-2021