Sunworks's average Accounts Receivable for the
three
months ended in Sep. 2023 was $12.5 Mil. Sunworks's Revenue for the
three
months ended in Sep. 2023 was $28.7 Mil.
Hence, Sunworks's Days Sales Outstanding for the
three
months ended in Sep. 2023 was 39.61.
The historical rank and industry rank for Sunworks's Days Sales Outstanding or its related term are showing as below:
SUNWQ'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.46 Med: 36.57 Max: 50.52
Current: 27.69
During the past 13 years, Sunworks's highest Days Sales Outstanding was 50.52. The lowest was 13.46. And the median was 36.57.
SUNWQ's Days Sales Outstanding is ranked better than 91.45% of 982
companies
in the Semiconductors industry
Industry Median: 62.61
vs SUNWQ: 27.69
Sunworks's Days Sales Outstanding
increased
from Sep. 2022 (17.53) to Sep. 2023 (39.61).
Sunworks Days Sales Outstanding Historical Data
The historical data trend for Sunworks'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.
Competitive Comparison of Sunworks's Days Sales Outstanding
For the Solar subindustry, Sunworks'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.
Sunworks's Days Sales Outstanding Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Sunworks's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Sunworks's Days Sales Outstanding falls into.
Sunworks 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.
* 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.
Sunworks (OTCPK:SUNWQ) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Sunworks Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Sunworks's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Sunworks Inc provides photovoltaic (PV) and battery-based power and storage systems for the residential and commercial markets. Commercial projects include commercial, agricultural, industrial, and public works projects. It has three operating segments; Residential Solar offers design, arrangement to finance, integrate, install, and manage systems for residential homeowners, Commercial Solar offers design, arrangement to finance, integration, install, and manage systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems for larger commercial and public works projects, and Corporate segment includes general company oversight and management. The company derives a majority of its revenue from the residential solar segment.
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