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Ocean Bio-Chem (Ocean Bio-Chem) Days Sales Outstanding : 65.52 (As of Jun. 2022)


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What is Ocean Bio-Chem Days Sales Outstanding?

Ocean Bio-Chem's average Accounts Receivable for the three months ended in Jun. 2022 was $10.92 Mil. Ocean Bio-Chem's Revenue for the three months ended in Jun. 2022 was $15.21 Mil. Hence, Ocean Bio-Chem's Days Sales Outstanding for the three months ended in Jun. 2022 was 65.52.

The historical rank and industry rank for Ocean Bio-Chem's Days Sales Outstanding or its related term are showing as below:

OBCI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.3   Med: 50.18   Max: 70.52
Current: 70.52

During the past 13 years, Ocean Bio-Chem's highest Days Sales Outstanding was 70.52. The lowest was 32.30. And the median was 50.18.

OBCI's Days Sales Outstanding is not ranked
in the Conglomerates industry.
Industry Median: 61.25 vs OBCI: 70.52

Ocean Bio-Chem's Days Sales Outstanding declined from Jun. 2021 (66.91) to Jun. 2022 (65.52).


Ocean Bio-Chem Days Sales Outstanding Historical Data

The historical data trend for Ocean Bio-Chem'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.

Ocean Bio-Chem Days Sales Outstanding Chart

Ocean Bio-Chem Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.60 46.38 55.24 50.78 50.72

Ocean Bio-Chem Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 66.91 63.47 87.28 70.95 65.52

Competitive Comparison of Ocean Bio-Chem's Days Sales Outstanding

For the Conglomerates subindustry, Ocean Bio-Chem'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.


Ocean Bio-Chem's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ocean Bio-Chem's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Ocean Bio-Chem's Days Sales Outstanding falls into.



Ocean Bio-Chem 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.

Ocean Bio-Chem's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

Days Sales Outstanding (A: Dec. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2020 ) + Accounts Receivable (A: Dec. 2021 )) / count ) / Revenue (A: Dec. 2021 )*Days in Period
=( (8.327 + 9.544) / 2 ) / 64.299*365
=8.9355 / 64.299*365
=50.72

Ocean Bio-Chem's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

Days Sales Outstanding (Q: Jun. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )*Days in Period
=( (10.262 + 11.58) / 2 ) / 15.209*365 / 4
=10.921 / 15.209*365 / 4
=65.52

* 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.


Ocean Bio-Chem  (NAS:OBCI) Days Sales Outstanding Explanation

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


Ocean Bio-Chem Days Sales Outstanding Related Terms

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Ocean Bio-Chem (Ocean Bio-Chem) Business Description

Traded in Other Exchanges
N/A
Address
4041 SW 47 Avenue, Fort Lauderdale, FL, USA, 33314
Ocean Bio-Chem Inc is engaged in the manufacturing, marketing, and distribution of a broad line of appearance, performance and maintenance products for the marine, automotive, power sports, recreational vehicle, home care and outdoor power equipment markets, under the Star brite and Star Tron brand names. It sells these products within the USA and Canada. The company produces private label formulations of many of its products for various customers and provide custom blending and packaging services for these and other products. It also manufactures, markets and distributes chlorine dioxide-based deodorizing disinfectant, and sanitizing products under the Star brite and Performacide brand names, utilizing a patented delivery system for use with products containing chlorine dioxide.
Executives
Peter G Dorau director, officer: President-CEO 1601 SE 10 STREET FORT LAUDERDALE FL 3316
Gregor M Dornau officer: Vice President 1305 MANDARIN ISLE FORT LAUDERDALE FL 33315
William Dudman officer: Vice President - Operations 6040 SW 15 STREET PLANTATION FL 33317
John B Turner director 16101 SW 156 AVENUE MIAMI FL 33186
Jeffrey Barocas director, officer: Chief FInancial Officer 4041 SW 47TH AVE, FT LAUDERDALE FL 33314
Diana Conard director 4041 SW 47TH AVE FORT LAUDERDALE FL 33314
Kim Krause director 4041 SW 47TH AVENUE FORT LAUDERDALE FL 33314
James M Kolisch director
Peter Dornau Family, Llc other: Trust 4041 SW 47TH AVE FT. LAUDERDALE FL 33314
Edward Anchel director, officer: Vice President-CFO 7566 VIA GRANDE BOYNTON BEACH FL 33437
Anca Vague other: Controller - Financial Reptg. 1505 N RIVERSIDE DRIVE APT.302 POMPANO BEACH FL 33062
Lindsey George W Jr officer: Vice President 1833 WASHINGTON STREET HOLLYWOOD FL 33319
Sonia B Beard director 1708 SHORE DR MERRITT ISLAND FL 32952
Laz L Schneider director 2525 NE 26 TERRACE FORT LAUDERDALE FL 33305
Jeffrey Tieger director, officer: Vice President 10180 SW 4 STREET PLANTATION FL 33314