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GuruFocus has detected 9 Warning Signs with Solar Senior Capital Ltd $SUNS.
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Solar Senior Capital Ltd (NAS:SUNS)
Days Sales Outstanding
55.45 (As of Dec. 2016)

Solar Senior Capital Ltd's account receivable for the three months ended in Dec. 2016 was $4.35 Mil. Solar Senior Capital Ltd's revenue for the three months ended in Dec. 2016 was $7.17 Mil. Hence, Solar Senior Capital Ltd's days sales outstanding for the three months ended in Dec. 2016 was 55.45.

SUNS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.01   Max: 306.16
Current: 58.44

5.01
306.16

During the past 6 years, Solar Senior Capital Ltd's highest Days Sales Outstanding was 306.16. The lowest was 5.01. And the median was 34.74.

SUNS's Days Sales Outstanding is ranked lower than
60% of the 468 Companies
in the Global Asset Management industry.

( Industry Median: 41.62 vs. SUNS: 58.44 )

Solar Senior Capital Ltd's days sales outstanding increased from Dec. 2015 (38.88) to Dec. 2016 (55.45).

Warning Sign:

If a company sales outstanding increases, it means it has difficulty collecting payment from its customers.


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.

Solar Senior Capital Ltd's Days Sales Outstanding for the fiscal year that ended in Dec. 2016 is calculated as

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4.354/27.196*365
=58.44

Solar Senior Capital Ltd's Days Sales Outstanding for the quarter that ended in Dec. 2016 is calculated as:

Days Sales Outstanding=Account Receivable/Revenue*Days in Period
=4.354/7.165*365 / 4
=55.45

* 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

Account Receivable, Revenue


Historical Data

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

Solar Senior Capital Ltd Annual Data

Dec11Dec12Dec13Dec14Dec15Dec16
DaysSalesOutstanding 0.000.000.000.00306.165.0132.0224.2937.4558.44

Solar Senior Capital Ltd Quarterly Data

Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16Dec16
DaysSalesOutstanding 1.0822.701.3425.6537.0638.88109.11163.3533.3555.45
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