Brownie's Marine Group (Brownie's Marine Group) Days Sales Outstanding : 9.82 (As of Sep. 2023)

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What is Brownie's Marine Group Days Sales Outstanding?

Brownie's Marine Group's average Accounts Receivable for the three months ended in Sep. 2023 was $0.25 Mil. Brownie's Marine Group's Revenue for the three months ended in Sep. 2023 was $2.28 Mil. Hence, Brownie's Marine Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 9.82.

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

BWMG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.45 Med: 4.92 Max: 9.27
Current: 9.27

During the past 13 years, Brownie's Marine Group's highest Days Sales Outstanding was 9.27. The lowest was 0.45. And the median was 4.92.

BWMG's Days Sales Outstanding is ranked better than
81.12% of 800 companies
in the Travel & Leisure industry
Industry Median: 29.875 vs BWMG: 9.27

Brownie's Marine Group's Days Sales Outstanding increased from Sep. 2022 (7.24) to Sep. 2023 (9.82).

Brownie's Marine Group Days Sales Outstanding Historical Data

The historical data trend for Brownie's Marine 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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Brownie's Marine Group Days Sales Outstanding Chart

Brownie's Marine Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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2.23

8.49

7.69

5.98

5.00

Brownie's Marine Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															7.24	9.21	7.74	9.18	9.82

Competitive Comparison of Brownie's Marine Group's Days Sales Outstanding

For the Leisure subindustry, Brownie's Marine 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.

Brownie's Marine Group's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Brownie's Marine Group's Days Sales Outstanding distribution charts can be found below:

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

Brownie's Marine 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.

Brownie's Marine Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.123	+	0.112)	/	2 )	/	8.577	*	365
=	0.1175					/	8.577	*	365
=	5.00

Brownie's Marine Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.251	+	0.24)	/	2 )	/	2.282	*	365 / 4
=	0.2455					/	2.282	*	365 / 4
=	9.82

Brownie's Marine Group (OTCPK:BWMG) Days Sales Outstanding Explanation

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

Brownie's Marine Group Days Sales Outstanding Related Terms

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Brownie's Marine Group (Brownie's Marine Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Brownie's Marine Group Inc (OTCPK:BWMG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3001 North West 25th Avenue, Suite 1, Pompano Beach, FL, USA, 33069

Website

https://www.browniesmarinegroup.com

Brownie's Marine Group Inc designs, tests, manufactures, and distributes tankless dive systems, rescue air systems, and yacht-based self-contained underwater breathing apparatus air compressors and nitrox generation fill systems. The company has five operating segments; SSA Products sells recreational multi-diver surface-supplied air diving systems, High Pressure Gas Systems sells high-pressure air and industrial gas compressor packages, Ultra- Portable Tankless Dive Systems sells next-generation electric surface supply air diving systems and electric shallow dive systems, Redundant Air Tank Systems manufactures and distributes a line of high-pressure tanks and redundant air systems, and Guided Tour and Retail provides guided tours and operates a retail store for the diving community.

Executives

Alexander Fraser Purdon	10 percent owner	5205 SW 83 TERRACE, GAINESVILLE FL 32608
Mikkel Pitzner	director	716 SE 8TH STREET, FT. LAUDERDALE FL 33316
Armstrong Grant Wesley Jr	director	1002 WESTRIDGE ROAD, GREENSBORO NC 27410
Jeffrey William Morris	10 percent owner	2148 NE 24TH STREET, WILTON MANORS FL 33305
Joshua William Arvin	10 percent owner	1900 PURDY AVE TS4, MIAMI FL 33139
Robert M Carmichael	officer: President and CEO	940 N.W. 1 STREET, FORT LAUDERDALE FL 33311