GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Ikonics Corp (NAS:IKNX) » Definitions » Days Sales Outstanding

Ikonics (Ikonics) Days Sales Outstanding : 33.92 (As of Sep. 2021)


View and export this data going back to 1995. Start your Free Trial

What is Ikonics Days Sales Outstanding?

Ikonics's average Accounts Receivable for the three months ended in Sep. 2021 was $1.76 Mil. Ikonics's Revenue for the three months ended in Sep. 2021 was $4.74 Mil. Hence, Ikonics's Days Sales Outstanding for the three months ended in Sep. 2021 was 33.92.

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

IKNX's Days Sales Outstanding is not ranked *
in the Chemicals industry.
Industry Median: 63.93
* Ranked among companies with meaningful Days Sales Outstanding only.

Ikonics's Days Sales Outstanding declined from Sep. 2020 (41.20) to Sep. 2021 (33.92).


Ikonics Days Sales Outstanding Historical Data

The historical data trend for Ikonics'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.

Ikonics Days Sales Outstanding Chart

Ikonics Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.76 47.91 44.14 48.17 61.88

Ikonics Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.20 38.16 54.41 34.31 33.92

Competitive Comparison of Ikonics's Days Sales Outstanding

For the Specialty Chemicals subindustry, Ikonics'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.


Ikonics's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ikonics's Days Sales Outstanding distribution charts can be found below:

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



Ikonics 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.

Ikonics's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

Days Sales Outstanding (A: Dec. 2020 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2019 ) + Accounts Receivable (A: Dec. 2020 )) / count ) / Revenue (A: Dec. 2020 )*Days in Period
=( (2.435 + 2.119) / 2 ) / 13.432*365
=2.277 / 13.432*365
=61.88

Ikonics's Days Sales Outstanding for the quarter that ended in Sep. 2021 is calculated as:

Days Sales Outstanding (Q: Sep. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2021 ) + Accounts Receivable (A: Sep. 2021 )) / count ) / Revenue (A: Sep. 2021 )*Days in Period
=( (1.651 + 1.875) / 2 ) / 4.743*365 / 4
=1.763 / 4.743*365 / 4
=33.92

* 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.


Ikonics  (NAS:IKNX) Days Sales Outstanding Explanation

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


Ikonics Days Sales Outstanding Related Terms

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


Ikonics (Ikonics) Business Description

Traded in Other Exchanges
N/A
Address
4832 Grand Avenue, Duluth, MN, USA, 55807
Ikonics Corp is engaged in the development, manufacturing, and selling of photosensitive liquids and films for the screen printing, awards and recognition industries. It has four segments. Chromaline, which is the key revenue driver, sells screen printing film, emulsions, and inkjet receptive film primarily to distributors and some end users. IKONICS Imaging sells photo resistant film, art supplies, glass, and related abrasive etching equipment. Advanced Material Solutions provides sound deadening and weight reduction technology to the aerospace industry and products for etched composites, ceramics, glass, and silicon wafers. Digital Texturing Technology includes products related to patented and proprietary inkjet technology used for mold texturing and prototyping.
Executives
William C Ulland director, 10 percent owner
Joseph R Nerges 10 percent owner, other: Confidentiality agreement 1726 BUNDY ST, SCRANTON PA 18508
Kenneth D. Hegman officer: Chief Operating Officer 2202 FREDERICK STREET, DULUTH MN 55803
Glenn Sandgren director, officer: Chief Executive Officer 4832 GRAND AVENUE, DULUTH MN 55807
Darrell B Lee director C/O MOCON, INC., 7500 BOONE AVENUE NORTH, MINNEAPOLIS MN 55428
Harper Ernest M. Jr director 3016 EMERSON AVE S, MINNEAPOLIS MN 55408
Gregory W. Jackson director 4832 GRAND AVENUE, DULUTH MN 55807
Marianne Bohren director 4832 GRAND AVENUE, DULUTH MN 55807
David O Harris director
Gerald W Simonson director 7260 COMMERCE CIRCLE EAST, MINNEAPOLIS MN 55432
D Jeffrey Engbrecht director 4832 GRAND AVENUE, DULUTH MN 55807
Karl G. Shaw officer: Chief Technology Officer 307 E. 3RD STREET, APT 74, DULUTH MN 55805
Rondi Erickson director
H Leigh Severance director 100 FILMORE ST, STE 300, DENVER CO 80206
Lockwood Carlson director 4832 GRAND AVENUE, DULUTH MN 55807