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Envirotech Vehicles (Envirotech Vehicles) Days Sales Outstanding : 987.55 (As of Dec. 2023)


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What is Envirotech Vehicles Days Sales Outstanding?

Envirotech Vehicles's average Accounts Receivable for the three months ended in Dec. 2023 was $1.16 Mil. Envirotech Vehicles's Revenue for the three months ended in Dec. 2023 was $0.11 Mil. Hence, Envirotech Vehicles's Days Sales Outstanding for the three months ended in Dec. 2023 was 987.55.

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

EVTV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.91   Med: 135.12   Max: 229.84
Current: 229.84

During the past 4 years, Envirotech Vehicles's highest Days Sales Outstanding was 229.84. The lowest was 36.91. And the median was 135.12.

EVTV's Days Sales Outstanding is ranked worse than
97% of 1268 companies
in the Vehicles & Parts industry
Industry Median: 60.175 vs EVTV: 229.84

Envirotech Vehicles's Days Sales Outstanding increased from Dec. 2022 (239.73) to Dec. 2023 (987.55).

Warning Sign:

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


Envirotech Vehicles Days Sales Outstanding Historical Data

The historical data trend for Envirotech Vehicles'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.

Envirotech Vehicles Days Sales Outstanding Chart

Envirotech Vehicles Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
36.91 128.37 141.87 176.32

Envirotech Vehicles Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 239.73 345.81 98.91 1,988.34 987.55

Competitive Comparison of Envirotech Vehicles's Days Sales Outstanding

For the Auto Manufacturers subindustry, Envirotech Vehicles'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.


Envirotech Vehicles's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Envirotech Vehicles's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Envirotech Vehicles's Days Sales Outstanding falls into.



Envirotech Vehicles 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.

Envirotech Vehicles's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (2.074 + 0.692) / 2 ) / 2.863*365
=1.383 / 2.863*365
=176.32

Envirotech Vehicles's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1.624 + 0.692) / 2 ) / 0.107*365 / 4
=1.158 / 0.107*365 / 4
=987.55

* 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.


Envirotech Vehicles  (NAS:EVTV) Days Sales Outstanding Explanation

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


Envirotech Vehicles Days Sales Outstanding Related Terms

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


Envirotech Vehicles (Envirotech Vehicles) Business Description

Traded in Other Exchanges
N/A
Address
1425 Ohlendorf Road, Osceola, AR, USA, 72370
Envirotech Vehicles Inc is a provider of purpose-built zero-emission electric vehicles focused on reducing the total cost of vehicle ownership and helping fleet operators unlock the benefits of green technology. It recognizes revenue from the sales of zero-emission electric vehicles and vehicle maintenance and inspection services.
Executives
Douglas M Campoli officer: Chief Financial Officer C/O ENVIROTECH VEHICLES, INC., 1425 OHLENDORF ROAD, OSCEOLA AR 72370
Susan Marie Emry officer: EVP/CFO 1215 GRAPHITE DRIVE, CORONA CA 92881
Phillip Oldridge director, officer: CEO 7000 MERRILL AVENUE, SUITE 31, CHINO NV 91710
Di Pietro Michael A director 14245 PIPELINE AVE, CHINO CA 91710
Melissa Barcellos director 1215 GRAPHITE DRIVE, CORONA CA 92881
Gary W Nettles director 620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
John Perkowski director TYG CENTER TOWER B, SUITE 2601, DONG SAN HUAN BEI LU BING 2, BEIJING F4 100027
Richard A. Eckert officer: Chief Operating Officer 620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
Michael K. Menerey director, officer: Chief Financial Officer 620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
James L. Reynolds director, 10 percent owner, officer: President and CEO 620 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH CA 92660
Kevin G. Kanning officer: VP of IR & Business Dev. 620 NEWPORT CENTER DRIVE SUITE 1100, NEWPORT BEACH CA 92660
Janet L. Boydell director 620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
John H. Roselli officer: VP of Sales and Marketing 620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660
Edward R. Monfort 10 percent owner, officer: Chief Technology Officer 620 NEWPORT CENTER DRIVE, SUITE 1100, NEWPORT BEACH CA 92660