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Issuer Direct (Issuer Direct) Days Sales Outstanding : 52.28 (As of Dec. 2023)


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What is Issuer Direct Days Sales Outstanding?

Issuer Direct's average Accounts Receivable for the three months ended in Dec. 2023 was $4.32 Mil. Issuer Direct's Revenue for the three months ended in Dec. 2023 was $7.54 Mil. Hence, Issuer Direct's Days Sales Outstanding for the three months ended in Dec. 2023 was 52.28.

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

ISDR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 36.78   Med: 42.89   Max: 53.34
Current: 42.59

During the past 13 years, Issuer Direct's highest Days Sales Outstanding was 53.34. The lowest was 36.78. And the median was 42.89.

ISDR's Days Sales Outstanding is ranked better than
74.17% of 2726 companies
in the Software industry
Industry Median: 62.175 vs ISDR: 42.59

Issuer Direct's Days Sales Outstanding increased from Dec. 2022 (38.60) to Dec. 2023 (52.28).


Issuer Direct Days Sales Outstanding Historical Data

The historical data trend for Issuer Direct'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.

Issuer Direct Days Sales Outstanding Chart

Issuer Direct Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.81 44.97 48.41 48.66 40.17

Issuer Direct 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.60 34.54 37.14 51.73 52.28

Competitive Comparison of Issuer Direct's Days Sales Outstanding

For the Software - Application subindustry, Issuer Direct'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.


Issuer Direct's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Issuer Direct's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Issuer Direct's Days Sales Outstanding falls into.



Issuer Direct 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.

Issuer Direct'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
=( (2.978 + 4.368) / 2 ) / 33.378*365
=3.673 / 33.378*365
=40.17

Issuer Direct'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
=( (4.271 + 4.368) / 2 ) / 7.539*365 / 4
=4.3195 / 7.539*365 / 4
=52.28

* 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.


Issuer Direct  (AMEX:ISDR) Days Sales Outstanding Explanation

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


Issuer Direct Days Sales Outstanding Related Terms

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Issuer Direct (Issuer Direct) Business Description

Traded in Other Exchanges
Address
One Glenwood Avenue, Suite 1001, Raleigh, NC, USA, 27603
Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.
Executives
Brian R Balbirnie director, 10 percent owner, officer: Chairman & CEO C/O ISSUER DIRECT CORP., 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
J. Patrick Galleher director 11 S. 12TH STREET, RICHMOND VA 23219
William H Everett director 6 ARROWWOOD LANE, ANDOVER MA 01810
Steven Winfield Knerr officer: Chief Financial Officer 500 PERIMETER PARK DRIVE, SUITE D, MORRISVILLE NC 27560
Timothy Pitoniak officer: Chief Financial Officer 8651 10TH ST N, APT 132, ST. PETERSBURG FL 33702
Marti Beller Lazear director 1000 CENTRAL AVENUE, ST. PETERSBURG FL 33705
Graeme P. Rein director 221 WILCOX ST, SUITE A, CASTLE ROCK CO 80104
Eric Alan Frank director 23 WASHINGTON AVENUE, IRVINGTON NY 10533
Michael Joseph Nowlan director 336 GLENGARRY AVE., NORTH YORK A6 M5M1E6
Red Oak Partners, Llc 10 percent owner 95 S. FEDERAL HWY, SUITE 201, BOCA RATON FL 33432
Wesley T Pollard officer: Chief Financial Officer 10109 SPORTING CLUB DR, RALEIGH NC 27617
James Michael 10 percent owner 5321 RIDGELOCH PLACE, RALEIGH NC 27612
David Sandberg director 40 SE 5TH STREET, SUITE 502, BOCA RATON FL 33432
Andre Boisvert director 46939 BAYSIDE PKWY, FREMONT CA 94538
Lori A Jones officer: Chief Executive Officer 8310 N. NEW BRAUNFELS, SUITE 205, SAN ANTONIO TX 78217