KWESST Micro Systems (KWESST Micro Systems) Days Sales Outstanding : 51.60 (As of Mar. 2024)

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What is KWESST Micro Systems Days Sales Outstanding?

KWESST Micro Systems's average Accounts Receivable for the three months ended in Mar. 2024 was $0.20 Mil. KWESST Micro Systems's Revenue for the three months ended in Mar. 2024 was $0.36 Mil. Hence, KWESST Micro Systems's Days Sales Outstanding for the three months ended in Mar. 2024 was 51.60.

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

KWE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.21 Med: 42.68 Max: 58.14
Current: 42.73

During the past 3 years, KWESST Micro Systems's highest Days Sales Outstanding was 58.14. The lowest was 27.21. And the median was 42.68.

KWE's Days Sales Outstanding is ranked better than
75.25% of 299 companies
in the Aerospace & Defense industry
Industry Median: 63.69 vs KWE: 42.73

KWESST Micro Systems's Days Sales Outstanding declined from Mar. 2023 (78.10) to Mar. 2024 (51.60).

KWESST Micro Systems Days Sales Outstanding Historical Data

The historical data trend for KWESST Micro Systems'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.

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KWESST Micro Systems Days Sales Outstanding Chart

KWESST Micro Systems Annual Data

Trend

Sep21

Sep22

Sep23

Days Sales Outstanding

58.02

27.42

KWESST Micro Systems Quarterly Data
	Aug19	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													78.10	55.32	13.68	59.88	51.60

Competitive Comparison of KWESST Micro Systems's Days Sales Outstanding

For the Aerospace & Defense subindustry, KWESST Micro Systems'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.

KWESST Micro Systems's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, KWESST Micro Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where KWESST Micro Systems's Days Sales Outstanding falls into.

KWESST Micro Systems 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.

KWESST Micro Systems's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.086	+	0.051)	/	2 )	/	0.912	*	365
=	0.0685					/	0.912	*	365
=	27.42

KWESST Micro Systems'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
=	( (0.075	+	0.331)	/	2 )	/	0.359	*	365 / 4
=	0.203					/	0.359	*	365 / 4
=	51.60

KWESST Micro Systems (NAS:KWE) Days Sales Outstanding Explanation

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

KWESST Micro Systems Days Sales Outstanding Related Terms

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KWESST Micro Systems (KWESST Micro Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » KWESST Micro Systems Inc (NAS:KWE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

KWE:Canada

Address

155 Terence Matthews Crescent, Unit No. 1, Ottawa, ON, CAN, K2M 2A8

Website

https://www.kwesst.com

KWESST Micro Systems Inc develops and commercializes next-generation tactical systems. The company offers breakthrough technology in lethal and non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers and electronic detection.