Schmitt Industries (STU:SI1A) Days Sales Outstanding : 55.97 (As of May. 2022)

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What is Schmitt Industries Days Sales Outstanding?

Schmitt Industries's average Accounts Receivable for the three months ended in May. 2022 was €0.77 Mil. Schmitt Industries's Revenue for the three months ended in May. 2022 was €1.25 Mil. Hence, Schmitt Industries's Days Sales Outstanding for the three months ended in May. 2022 was 55.97.

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

STU:SI1A's Days Sales Outstanding is not ranked ^*
in the Hardware industry.
Industry Median: 74.5
* Ranked among companies with meaningful Days Sales Outstanding only.

Schmitt Industries's Days Sales Outstanding declined from May. 2021 (195.28) to May. 2022 (55.97).

Schmitt Industries Days Sales Outstanding Historical Data

The historical data trend for Schmitt Industries'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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Schmitt Industries Days Sales Outstanding Chart

Schmitt Industries Annual Data

Trend

May13

May14

May15

May16

May17

May18

May19

May20

May21

May22

Days Sales Outstanding

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59.85

99.11

51.82

44.63

25.56

Schmitt Industries Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Days Sales Outstanding	Get a 7-Day Free Trial															195.28	20.48	35.99	57.08	55.97

Competitive Comparison of Schmitt Industries's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Schmitt Industries'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.

Schmitt Industries's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Schmitt Industries 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.

Schmitt Industries's Days Sales Outstanding for the fiscal year that ended in May. 2022 is calculated as

	Days Sales Outstanding (A: May. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2021 )	+	Accounts Receivable (A: May. 2022 ))	/	count )	/	Revenue (A: May. 2022 )	*	Days in Period
=	( (0.6	+	0.711)	/	2 )	/	9.359	*	365
=	0.6555					/	9.359	*	365
=	25.56

Schmitt Industries's Days Sales Outstanding for the quarter that ended in May. 2022 is calculated as:

	Days Sales Outstanding (Q: May. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: May. 2022 ))	/	count )	/	Revenue (A: May. 2022 )	*	Days in Period
=	( (0.825	+	0.711)	/	2 )	/	1.252	*	365 / 4
=	0.768					/	1.252	*	365 / 4
=	55.97

Schmitt Industries (STU:SI1A) Days Sales Outstanding Explanation

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

Schmitt Industries Days Sales Outstanding Related Terms

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Schmitt Industries (STU:SI1A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Schmitt Industries Inc (STU:SI1A) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

2765 North West Nicolai Street, Portland, OR, USA, 97210

Website

https://www.schmittindustries.com

Schmitt Industries Inc is engaged in propane tank monitoring solutions, precision measurement solutions, and ice cream production and distribution. The Company operates as two reportable segments: the Measurement Segment and the Ice Cream Segment. Xact product line includes satellite-focused remote tank monitoring products and related monitoring services for markets in the IoT environment. The Company also manufactures, wholesales, and retails ice cream and related products.

Schmitt Industries (STU:SI1A) Headlines

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