Conrad Industries (Conrad Industries) Days Sales Outstanding : 56.10 (As of Sep. 2023)

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What is Conrad Industries Days Sales Outstanding?

Conrad Industries's average Accounts Receivable for the three months ended in Sep. 2023 was $37.30 Mil. Conrad Industries's Revenue for the three months ended in Sep. 2023 was $60.67 Mil. Hence, Conrad Industries's Days Sales Outstanding for the three months ended in Sep. 2023 was 56.10.

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

CNRD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.86 Med: 33.41 Max: 224.39
Current: 224.39

During the past 13 years, Conrad Industries's highest Days Sales Outstanding was 224.39. The lowest was 19.86. And the median was 33.41.

CNRD's Days Sales Outstanding is ranked worse than
88.7% of 301 companies
in the Aerospace & Defense industry
Industry Median: 63.37 vs CNRD: 224.39

Conrad Industries's Days Sales Outstanding increased from Jun. 2018 (32.25) to Sep. 2023 (56.10).

Conrad Industries Days Sales Outstanding Historical Data

The historical data trend for Conrad 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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Conrad Industries Days Sales Outstanding Chart

Conrad Industries Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Sales Outstanding

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31.31

23.67

19.86

35.51

56.40

Conrad Industries Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Sep22	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															32.25	38.04	48.92	57.85	56.10

Competitive Comparison of Conrad Industries's Days Sales Outstanding

For the Aerospace & Defense subindustry, Conrad 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.

Conrad Industries's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

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

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

Conrad 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.

Conrad Industries's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

	Days Sales Outstanding (A: Dec. 2018 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2017 )	+	Accounts Receivable (A: Dec. 2018 ))	/	count )	/	Revenue (A: Dec. 2018 )	*	Days in Period
=	( (29.054	+	27.29)	/	2 )	/	182.32	*	365
=	28.172					/	182.32	*	365
=	56.40

Conrad Industries's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: 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	+	37.296)	/	1 )	/	60.668	*	365 / 4
=	37.296					/	60.668	*	365 / 4
=	56.10

Conrad Industries (OTCPK:CNRD) Days Sales Outstanding Explanation

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

Conrad Industries Days Sales Outstanding Related Terms

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Conrad Industries (Conrad Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Conrad Industries Inc (OTCPK:CNRD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Brashear Avenue, Suite 200, Morgan City, LA, USA, 70380

Website

https://www.conradindustries.com

Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The business activity of the firm is operated through Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.

Executives

Myers Kenneth G Jr

director, officer: President and CEO

STEWART ENTERPRISES, INC., 1333 SOUTH CLEARVIEW PARKWAY, JEFFERSON LA 70121