KVH Industries (KVH Industries) Days Sales Outstanding : 79.35 (As of Dec. 2023)

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What is KVH Industries Days Sales Outstanding?

KVH Industries's average Accounts Receivable for the three months ended in Dec. 2023 was $26.9 Mil. KVH Industries's Revenue for the three months ended in Dec. 2023 was $31.0 Mil. Hence, KVH Industries's Days Sales Outstanding for the three months ended in Dec. 2023 was 79.35.

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

KVHI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 67.79 Med: 72.9 Max: 83.75
Current: 74.25

During the past 13 years, KVH Industries's highest Days Sales Outstanding was 83.75. The lowest was 67.79. And the median was 72.90.

KVHI's Days Sales Outstanding is ranked better than
51.1% of 2456 companies
in the Hardware industry
Industry Median: 75.045 vs KVHI: 74.25

KVH Industries's Days Sales Outstanding increased from Dec. 2022 (70.20) to Dec. 2023 (79.35).

KVH Industries Days Sales Outstanding Historical Data

The historical data trend for KVH 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.

* Premium members only.

KVH Industries Days Sales Outstanding Chart

KVH Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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71.06

76.55

83.75

72.60

73.20

KVH Industries 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															70.20	72.87	71.24	75.02	79.35

Competitive Comparison of KVH Industries's Days Sales Outstanding

For the Communication Equipment subindustry, KVH 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.

KVH Industries's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, KVH Industries's Days Sales Outstanding distribution charts can be found below:

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

KVH 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.

KVH Industries'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
=	( (27.427	+	25.67)	/	2 )	/	132.379	*	365
=	26.5485					/	132.379	*	365
=	73.20

KVH Industries'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
=	( (28.19	+	25.67)	/	2 )	/	30.97	*	365 / 4
=	26.93					/	30.97	*	365 / 4
=	79.35

KVH Industries (NAS:KVHI) Days Sales Outstanding Explanation

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

KVH Industries Days Sales Outstanding Related Terms

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KVH Industries (KVH Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » KVH Industries Inc (NAS:KVHI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Enterprise Center, Middletown, RI, USA, 02842

Website

https://www.kvh.com

KVH Industries Inc is a manufacturer of solutions that provide high-speed Internet, television, and voice services through satellite to mobile users at sea and on land. The company also provides commercially licensed entertainment, including news, sports, music, and movies, to commercial and leisure customers in the maritime, hotel, and retail markets. The Company operates in a number of geographic areas, including internationally. The Revenues are generated from international locations, mainly consisting of Singapore, Canada, European Union countries and other European countries, countries in Africa, Asia/Pacific and the Middle East, and India.

Executives

Stephen H Deckoff	director, 10 percent owner	1 SOUND SHORE DRIVE, SUITE 200, GREENWICH CT 06830
Black Diamond Capital Management, L.l.c.	10 percent owner	2187 ATLANTIC STREET, 9TH FLOOR, STAMFORD CT 06902
Needham Group, Inc.	10 percent owner	445 PARK AVENUE, NEW YORK NY 10022
James S Dodez	director	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Cielo Hernandez	director	C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Jennifer Louise Baker	officer: VP/CAO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Felise Feingold	officer: SVP General Counsel	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Robert J Balog	officer: Chief Technology Officer`	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Brent C Bruun	officer: Interim CEO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
David B. Kagan	director	300 HOLIDAY SQUARE BLVD., COVINGTON LA 70433
David Tolley	director	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Daniel R Conway	officer: EVP Inertial Navigation	C/O KVH INDUSTRIES INC, 50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
George A Needham	10 percent owner	C/O NEEDHAM & COMPANY, LLC, 445 PARK AVE, NEW YORK NY 10022
Roger Kuebel	officer: CFO	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842
Kits Van Heyningen Martin	other: Sr. Advisor	50 ENTERPRISE CENTER, MIDDLETOWN RI 02842