Black Diamond Group (Black Diamond Group) Days Sales Outstanding : 62.09 (As of Dec. 2023)

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What is Black Diamond Group Days Sales Outstanding?

Black Diamond Group's average Accounts Receivable for the three months ended in Dec. 2023 was $52.4 Mil. Black Diamond Group's Revenue for the three months ended in Dec. 2023 was $77.1 Mil. Hence, Black Diamond Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 62.09.

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

BDIMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.07 Med: 72.99 Max: 93.22
Current: 63.09

During the past 13 years, Black Diamond Group's highest Days Sales Outstanding was 93.22. The lowest was 56.07. And the median was 72.99.

BDIMF's Days Sales Outstanding is ranked worse than
55.96% of 1040 companies
in the Business Services industry
Industry Median: 58.575 vs BDIMF: 63.09

Black Diamond Group's Days Sales Outstanding declined from Dec. 2022 (70.96) to Dec. 2023 (62.09).

Black Diamond Group Days Sales Outstanding Historical Data

The historical data trend for Black Diamond Group'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.

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Black Diamond Group Days Sales Outstanding Chart

Black Diamond Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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78.08

91.95

56.05

75.37

62.10

Black Diamond Group 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															70.96	77.44	62.37	54.69	62.09

Competitive Comparison of Black Diamond Group's Days Sales Outstanding

For the Rental & Leasing Services subindustry, Black Diamond Group'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.

Black Diamond Group's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Black Diamond Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Black Diamond Group's Days Sales Outstanding falls into.

Black Diamond Group 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.

Black Diamond Group'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
=	( (53.168	+	46.641)	/	2 )	/	293.31	*	365
=	49.9045					/	293.31	*	365
=	62.10

Black Diamond Group'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
=	( (58.213	+	46.641)	/	2 )	/	77.054	*	365 / 4
=	52.427					/	77.054	*	365 / 4
=	62.09

Black Diamond Group (OTCPK:BDIMF) Days Sales Outstanding Explanation

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

Black Diamond Group Days Sales Outstanding Related Terms

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Black Diamond Group (Black Diamond Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Black Diamond Group Ltd (OTCPK:BDIMF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

8B8:Germany BDI:Canada

Address

440-2nd Avenue SW, Suite 1000, Calgary, AB, CAN, T2P 5E9

Website

https://www.blackdiamondgroup.com

Black Diamond Group Ltd rents and sells space rental solutions and modular workforce accommodations to business customers in Canada, the United States and Australia. It has two business units: Modular Space Solutions and Workforce Solutions. Modular Space Solutions provides high quality, cost effective, modular space rentals to customers. The customers operate in the construction, real estate development, education, manufacturing, health care, financial, government and defense industries. Workforce Solutions provides complete workforce housing solutions including rental of accommodations and surface equipment, provision of full turnkey lodge services and provision of travel management logistics through the Company's online digital marketplace, LodgeLink.