Soluna Holdings (Soluna Holdings) Days Sales Outstanding : 20.91 (As of Dec. 2023)

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What is Soluna Holdings Days Sales Outstanding?

Soluna Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $2.32 Mil. Soluna Holdings's Revenue for the three months ended in Dec. 2023 was $10.12 Mil. Hence, Soluna Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 20.91.

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

SLNH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.92 Med: 50.73 Max: 435.55
Current: 20.55

During the past 13 years, Soluna Holdings's highest Days Sales Outstanding was 435.55. The lowest was 4.92. And the median was 50.73.

SLNH's Days Sales Outstanding is ranked better than
75.9% of 556 companies
in the Capital Markets industry
Industry Median: 62.34 vs SLNH: 20.55

Soluna Holdings's Days Sales Outstanding increased from Dec. 2022 (3.78) to Dec. 2023 (20.91).

Soluna Holdings Days Sales Outstanding Historical Data

The historical data trend for Soluna Holdings'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.

Soluna Holdings Days Sales Outstanding Chart

Soluna Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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58.77

435.55

11.45

4.92

28.31

Soluna Holdings Quarterly Data
	Sep17	Dec17	Mar18	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															3.78	6.84	21.49	19.83	20.91

Competitive Comparison of Soluna Holdings's Days Sales Outstanding

For the Capital Markets subindustry, Soluna Holdings'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.

Soluna Holdings's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Soluna Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Soluna Holdings's Days Sales Outstanding falls into.

Soluna Holdings 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.

Soluna Holdings'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
=	( (0.32	+	2.948)	/	2 )	/	21.066	*	365
=	1.634					/	21.066	*	365
=	28.31

Soluna Holdings'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
=	( (1.688	+	2.948)	/	2 )	/	10.118	*	365 / 4
=	2.318					/	10.118	*	365 / 4
=	20.91

Soluna Holdings (NAS:SLNH) Days Sales Outstanding Explanation

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

Soluna Holdings Days Sales Outstanding Related Terms

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Soluna Holdings (Soluna Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Soluna Holdings Inc (NAS:SLNH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

325 Washington Avenue Extension, Albany, NY, USA, 12205

Website

https://www.solunacomputing.com

Soluna Holdings Inc, is a U.S based company that conducts operations through its subsidiary. The group is engaged in the mining of cryptocurrency through data centers that can be powered by renewable energy sources. The data centers buy every excess megawatt to use for batch-oriented, computing-intensive processes such as cryptocurrency mining or machine learning which is a low-risk and low-friction solution to use as a smartphone.

Executives

Jessica L. Thomas	officer: CFO	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Belizaire	director, officer: CEO & Pres. of EcoChain Inc.	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Patman Philip F Jr	officer: Chief Financial Officer	9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
William Hazelip	director	C/O MECHANICAL TECHNOLOGY, INC., 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Bottomley	director	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Mary Jennifer Oreilly	officer: Chief People Officer	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
William P Phelan	director	C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Michael Toporek	director, other: See Explanation of Responses	C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Matthew E. Lipman	director, other: See Explanation of Responses	C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
David C Michaels	director	C/O MECHANICAL TECHNOLOGY INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Alykhan Madhavji	director	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Moshe Binyamin	officer: President-MTI Instruments, Inc	325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Frederick W. Jones	officer: CHIEF FINANCIAL OFFICER	C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Thomas J Marusak	director	C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Edward R Hirshfield	director, 10 percent owner	122 E.42ND STREET SUITE 4305, NEW YORK NY 10168