Acorn Energy (FRA:DS1) Days Sales Outstanding : 21.87 (As of Mar. 2024)

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What is Acorn Energy Days Sales Outstanding?

Acorn Energy's average Accounts Receivable for the three months ended in Mar. 2024 was €0.47 Mil. Acorn Energy's Revenue for the three months ended in Mar. 2024 was €1.96 Mil. Hence, Acorn Energy's Days Sales Outstanding for the three months ended in Mar. 2024 was 21.87.

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

FRA:DS1' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.66 Med: 58.76 Max: 155.84
Current: 26.62

During the past 13 years, Acorn Energy's highest Days Sales Outstanding was 155.84. The lowest was 25.66. And the median was 58.76.

FRA:DS1's Days Sales Outstanding is ranked better than
94.47% of 2461 companies
in the Hardware industry
Industry Median: 74.37 vs FRA:DS1: 26.62

Acorn Energy's Days Sales Outstanding declined from Mar. 2023 (35.85) to Mar. 2024 (21.87).

Acorn Energy Days Sales Outstanding Historical Data

The historical data trend for Acorn Energy'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.

Acorn Energy Days Sales Outstanding Chart

Acorn Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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53.59

51.21

38.80

36.98

26.08

Acorn Energy Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															35.85	34.25	27.83	22.96	21.87

Competitive Comparison of Acorn Energy's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Acorn Energy'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.

Acorn Energy's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Acorn Energy's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Acorn Energy's Days Sales Outstanding falls into.

Acorn Energy 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.

Acorn Energy'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
=	( (0.564	+	0.492)	/	2 )	/	7.39	*	365
=	0.528					/	7.39	*	365
=	26.08

Acorn Energy's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.492	+	0.448)	/	2 )	/	1.961	*	365 / 4
=	0.47					/	1.961	*	365 / 4
=	21.87

Acorn Energy (FRA:DS1) Days Sales Outstanding Explanation

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

Acorn Energy Days Sales Outstanding Related Terms

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Acorn Energy (FRA:DS1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Acorn Energy Inc (FRA:DS1) » Definitions » Days Sales Outstanding

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ACFN:USA

Address

1000 N West Street, Suite 1200, Wilmington, DE, USA, 19801

Website

https://www.acornenergy.com

Acorn Energy Inc is a holding company which focuses on technology-driven solutions for energy infrastructure asset management. It operates through two segments namely, the PG segment and the CP segment. PG segment provides wireless remote monitoring and control systems and services for critical assets as well as Internet of Things applications which account for majority of the revenue. CP segment is engaged in providing remote monitoring of cathodic protection systems on gas pipelines for gas utilities and pipeline companies.

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