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Nocopi Technologies (Nocopi Technologies) Days Sales Outstanding : 355.67 (As of Dec. 2023)


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What is Nocopi Technologies Days Sales Outstanding?

Nocopi Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was $1.24 Mil. Nocopi Technologies's Revenue for the three months ended in Dec. 2023 was $0.32 Mil. Hence, Nocopi Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 355.67.

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

NNUP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.56   Med: 103.82   Max: 217.04
Current: 217.04

During the past 13 years, Nocopi Technologies's highest Days Sales Outstanding was 217.04. The lowest was 47.56. And the median was 103.82.

NNUP's Days Sales Outstanding is ranked worse than
97.25% of 1526 companies
in the Chemicals industry
Industry Median: 63.605 vs NNUP: 217.04

Nocopi Technologies's Days Sales Outstanding increased from Dec. 2022 (27.84) to Dec. 2023 (355.67).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Nocopi Technologies Days Sales Outstanding Historical Data

The historical data trend for Nocopi Technologies'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.

Nocopi Technologies Days Sales Outstanding Chart

Nocopi Technologies 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 138.91 180.72 210.55 81.84 194.85

Nocopi Technologies 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 27.84 182.73 199.03 214.56 355.67

Competitive Comparison of Nocopi Technologies's Days Sales Outstanding

For the Specialty Chemicals subindustry, Nocopi Technologies'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.


Nocopi Technologies's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nocopi Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Nocopi Technologies's Days Sales Outstanding falls into.



Nocopi Technologies 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.

Nocopi Technologies'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
=( (1.104 + 1.121) / 2 ) / 2.084*365
=1.1125 / 2.084*365
=194.85

Nocopi Technologies'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
=( (1.358 + 1.121) / 2 ) / 0.318*365 / 4
=1.2395 / 0.318*365 / 4
=355.67

* 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.


Nocopi Technologies  (OTCPK:NNUP) Days Sales Outstanding Explanation

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


Nocopi Technologies Days Sales Outstanding Related Terms

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Nocopi Technologies (Nocopi Technologies) Business Description

Traded in Other Exchanges
N/A
Address
480 Shoemaker Road, Suite 104, King of Prussia, PA, USA, 19406
Nocopi Technologies Inc develops and markets specialty reactive inks. Its main business activities are the development and distribution of document security products and the licensing of its patented reactive ink technologies for the entertainment and toy and the document and product authentication markets in the United States and foreign countries. Its primary geographic markets are North America, South America, Europe, Asia, and Australia. Geographically, the company receives maximum revenue from Asia.
Executives
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Matthew C. Winger director, officer: EVP - Corporate Development 4400 BISCAYNE BLVD, MIAMI FL 33137
Jacqueline Joy Goldman director 6000 SAN JOSE BLVD., UNIT 705, JACKSONVILLE FL 32217
Michael Liebowitz 10 percent owner 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Debra Elyse Glickman officer: Chief Financial Officer 21 BARSTOW ROAD, APT. 6L, GREAT NECK NY 11021
Joseph S Steinberg 10 percent owner C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Howard Timothy Eriksen 10 percent owner 567 WILDROSE CIRCLE, LYNDEN WA 98264
Joseph Kevin Raymond director 480 SHOEMAKER RD., KING OF PRUSSIA PA 19406
Michael Feinstein director, officer: Chairman and CEO
Philip White director 13519 MADISON AVENUE, OCEAN CITY MD 21842
Marc Rash director C/O NOCOPI TECHNOLOGIES, INC., 480 SHOEMAKER ROAD, STE 104, KING OF PRUSSIA PA 19406
Terry Stovold officer: Chief Operating Officer C/O NOCOPI TECHNOLOGIES, INC., 480 SHOEMAKER ROAD, STE 104, KING OF PRUSSIA PA 19406
William Ward Carey director 12 FIELDVIEW LANE, EAST HAMPTON NY 11937
Curtis William Patrick Jr director 225 STATE ROAD, MEDIA PA 19063

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