Kelso Technologies (Kelso Technologies) Days Sales Outstanding : 31.72 (As of Dec. 2023)

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What is Kelso Technologies Days Sales Outstanding?

Kelso Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $1.07 Mil. Kelso Technologies's Revenue for the three months ended in Dec. 2023 was $3.07 Mil. Hence, Kelso Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.72.

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

KIQSF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.48 Med: 37.63 Max: 54.04
Current: 37.06

During the past 13 years, Kelso Technologies's highest Days Sales Outstanding was 54.04. The lowest was 26.48. And the median was 37.63.

KIQSF's Days Sales Outstanding is ranked better than
62.42% of 966 companies
in the Transportation industry
Industry Median: 45.73 vs KIQSF: 37.06

Kelso Technologies's Days Sales Outstanding declined from Dec. 2022 (52.94) to Dec. 2023 (31.72).

Kelso Technologies Days Sales Outstanding Historical Data

The historical data trend for Kelso Technologies'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.

Kelso Technologies Days Sales Outstanding Chart

Kelso Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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27.08

38.65

33.01

36.55

41.27

Kelso Technologies Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															52.94	44.51	41.70	29.34	31.72

Competitive Comparison of Kelso Technologies's Days Sales Outstanding

For the Railroads subindustry, Kelso Technologies'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.

Kelso Technologies's Days Sales Outstanding Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kelso Technologies's Days Sales Outstanding distribution charts can be found below:

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

Kelso Technologies 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.

Kelso Technologies'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
=	( (1.382	+	1.065)	/	2 )	/	10.82	*	365
=	1.2235					/	10.82	*	365
=	41.27

Kelso Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.069	+	1.065)	/	2 )	/	3.069	*	365 / 4
=	1.067					/	3.069	*	365 / 4
=	31.72

Kelso Technologies (OTCPK:KIQSF) Days Sales Outstanding Explanation

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

Kelso Technologies Days Sales Outstanding Related Terms

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Kelso Technologies (Kelso Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kelso Technologies Inc (OTCPK:KIQSF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

LB4A:Germany KLS:Canada

Address

13966, 18B Avenue, Surrey, BC, CAN, V4A 8J1

Website

https://www.kelsotech.com

Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various pressure relief valves and manway securement systems designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars.

Kelso Technologies (Kelso Technologies) Headlines

From GuruFocus

Kelso Technologies Stock Gives Every Indication Of Being Significantly Overvalued

By GF Value GF Value • 04-13-2021