Sono-Tek's average Accounts Receivable for the
three
months ended in Nov. 2023 was $1.60 Mil. Sono-Tek's Revenue for the
three
months ended in Nov. 2023 was $5.69 Mil.
Hence, Sono-Tek's Days Sales Outstanding for the
three
months ended in Nov. 2023 was 25.63.
The historical rank and industry rank for Sono-Tek's Days Sales Outstanding or its related term are showing as below:
SOTK'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.67 Med: 32.52 Max: 44.82
Current: 29.11
During the past 13 years, Sono-Tek's highest Days Sales Outstanding was 44.82. The lowest was 27.67. And the median was 32.52.
SOTK's Days Sales Outstanding is ranked better than 93.44% of 2456
companies
in the Hardware industry
Industry Median: 75.045
vs SOTK: 29.11
Sono-Tek's Days Sales Outstanding
declined
from Nov. 2022 (43.50) to Nov. 2023 (25.63).
Sono-Tek Days Sales Outstanding Historical Data
The historical data trend for Sono-Tek'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.
Competitive Comparison of Sono-Tek's Days Sales Outstanding
For the Scientific & Technical Instruments subindustry, Sono-Tek'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.
Sono-Tek's Days Sales Outstanding Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Sono-Tek's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Sono-Tek's Days Sales Outstanding falls into.
Sono-Tek 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.
* 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.
Sono-Tek (NAS:SOTK) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Sono-Tek Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Sono-Tek's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Sono-Tek Corp designs and manufactures ultrasonic coating systems that apply precise, thin film coatings to a multitude of products for the microelectronics/electronics, alternative energy, medical and industrial markets, including specialized glass applications in construction and automotive. It sell products to emerging research and development and other markets. Its ultrasonic nozzle systems use high frequency, ultrasonic vibrations that atomize liquids into minute drops that can be applied to surfaces at low velocity providing thin layers of protective materials over a surface such as glass or metals.
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