Hennessy Advisors (Hennessy Advisors) Days Sales Outstanding : 31.20 (As of Dec. 2023)

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What is Hennessy Advisors Days Sales Outstanding?

Hennessy Advisors's average Accounts Receivable for the three months ended in Dec. 2023 was $2.10 Mil. Hennessy Advisors's Revenue for the three months ended in Dec. 2023 was $6.14 Mil. Hence, Hennessy Advisors's Days Sales Outstanding for the three months ended in Dec. 2023 was 31.20.

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

HNNA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.7 Med: 29.44 Max: 32.26
Current: 30.81

During the past 13 years, Hennessy Advisors's highest Days Sales Outstanding was 32.26. The lowest was 28.70. And the median was 29.44.

HNNA's Days Sales Outstanding is ranked better than
65.88% of 510 companies
in the Asset Management industry
Industry Median: 48.955 vs HNNA: 30.81

Hennessy Advisors's Days Sales Outstanding increased from Dec. 2022 (30.63) to Dec. 2023 (31.20).

Hennessy Advisors Days Sales Outstanding Historical Data

The historical data trend for Hennessy Advisors'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.

Hennessy Advisors Days Sales Outstanding Chart

Hennessy Advisors Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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32.26

31.12

28.96

29.81

31.13

Hennessy Advisors 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															30.63	30.98	30.91	28.91	31.20

Competitive Comparison of Hennessy Advisors's Days Sales Outstanding

For the Asset Management subindustry, Hennessy Advisors'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.

Hennessy Advisors's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hennessy Advisors's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Hennessy Advisors's Days Sales Outstanding falls into.

Hennessy Advisors 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.

Hennessy Advisors's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: 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
=	( (2.051	+	2.046)	/	2 )	/	24.02	*	365
=	2.0485					/	24.02	*	365
=	31.13

Hennessy Advisors'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
=	( (2.046	+	2.155)	/	2 )	/	6.144	*	365 / 4
=	2.1005					/	6.144	*	365 / 4
=	31.20

Hennessy Advisors (NAS:HNNA) Days Sales Outstanding Explanation

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

Hennessy Advisors Days Sales Outstanding Related Terms

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Hennessy Advisors (Hennessy Advisors) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hennessy Advisors Inc (NAS:HNNA) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

7250 Redwood Boulevard, Suite 200, Novato, CA, USA, 94945

Website

https://www.hennessyadvisors.com

Hennessy Advisors Inc is an investment management company, engaged in the managing and marketing of open-end mutual funds branded as the Hennessy Funds. It offers domestic equity, sectors, and specialty, balanced and fixed income products. It provides investment advisory services and shareholder services to the Hennessy Funds. Its investment advisory services include managing the composition of each fund's portfolio, including the purchase, retention, and disposition of portfolio securities in accordance with the Fund's investment objectives, policies, and restrictions; conducting investment research, and monitoring compliance with each fund's investment restrictions and applicable laws and regulations.

Executives

Neil J Hennessy	director, 10 percent owner, officer: President and CEO	7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Kiera Newton	director	7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Knight Oriordan Lydia D	director	7240 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Rodger Offenbach	director	7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Daniel B Steadman	director, officer: Executive Vice President	7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Brian A Hennessey	director	7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Teresa M Nilsen	director, officer: EVP, CFO and Secretary	7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Thomas L Seavey	director	7250 REDWOOD BLVD., SUITE 200, NOVATO CA 94945
Kathryn Fahy	officer: SVP and CFO	7250 REDWOOD BOULEVARD, SUITE 200, NOVATO CA 94945
Susan Weber Pomilia	director	7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Daniel G Libarie	director	7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945
Charles W Bennett	director	700 IRWIN STREET, SAN RAFAEL CA 94901-3300
Henry Hansel	director	7250 REDWOOD BLVD, SUITE 200, NOVATO CA 94945