Clearfield's average Accounts Receivable for the
three
months ended in Dec. 2023 was $22.9 Mil. Clearfield's Revenue for the
three
months ended in Dec. 2023 was $34.2 Mil.
Hence, Clearfield's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 60.99.
The historical rank and industry rank for Clearfield's Days Sales Outstanding or its related term are showing as below:
CLFD'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.4 Med: 39.63 Max: 57.93
Current: 57.93
During the past 13 years, Clearfield's highest Days Sales Outstanding was 57.93. The lowest was 33.40. And the median was 39.63.
CLFD's Days Sales Outstanding is ranked better than 69.39% of 2457
companies
in the Hardware industry
Industry Median: 75.24
vs CLFD: 57.93
Clearfield's Days Sales Outstanding
increased
from Dec. 2022 (57.78) to Dec. 2023 (60.99).
Clearfield Days Sales Outstanding Historical Data
The historical data trend for Clearfield'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.
For the Communication Equipment subindustry, Clearfield'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.
Clearfield Days Sales Outstanding Distribution
For the Hardware industry and Technology sector, Clearfield's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Clearfield's Days Sales Outstanding falls into.
Clearfield 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.
Clearfield (NAS:CLFD) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Clearfield Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Clearfield's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Clearfield Inc mainly designs, manufactures, and distributes fiber protection, fiber management and fiber delivery solutions for communications networks. It provides a range of products including copper assemblies, cassettes, box enclosures, fiber connectors, frames, microduct, terminals, vaults, pedestal inserts, FieldSmart, WaveSmart, and CraftSmart. The company has a global presence with the majority of the revenue derived from the United States. The company has two reportable segments namely Clearfield segment and Nestor cables segment. The majority of revenue is derived from Clearfield segment.
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