C-Bond Systems (C-Bond Systems) Days Sales Outstanding : 42.56 (As of Dec. 2023)

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What is C-Bond Systems Days Sales Outstanding?

C-Bond Systems's average Accounts Receivable for the three months ended in Dec. 2023 was $0.35 Mil. C-Bond Systems's Revenue for the three months ended in Dec. 2023 was $0.75 Mil. Hence, C-Bond Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.56.

The historical rank and industry rank for C-Bond Systems's Days Sales Outstanding or its related term are showing as below:

CBNT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.22 Med: 50.83 Max: 76.15
Current: 36.5

During the past 13 years, C-Bond Systems's highest Days Sales Outstanding was 76.15. The lowest was 16.22. And the median was 50.83.

CBNT's Days Sales Outstanding is ranked better than
81.79% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs CBNT: 36.50

C-Bond Systems's Days Sales Outstanding increased from Dec. 2022 (39.40) to Dec. 2023 (42.56).

C-Bond Systems Days Sales Outstanding Historical Data

The historical data trend for C-Bond Systems'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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C-Bond Systems Days Sales Outstanding Chart

C-Bond Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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73.54

76.15

31.26

36.12

50.83

C-Bond Systems 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															39.40	41.46	30.86	19.73	42.56

Competitive Comparison of C-Bond Systems's Days Sales Outstanding

For the Specialty Chemicals subindustry, C-Bond Systems'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.

C-Bond Systems's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, C-Bond Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where C-Bond Systems's Days Sales Outstanding falls into.

C-Bond Systems 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.

C-Bond Systems'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
=	( (0.269	+	0.424)	/	2 )	/	2.488	*	365
=	0.3465					/	2.488	*	365
=	50.83

C-Bond Systems'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
=	( (0.271	+	0.424)	/	2 )	/	0.745	*	365 / 4
=	0.3475					/	0.745	*	365 / 4
=	42.56

C-Bond Systems (OTCPK:CBNT) Days Sales Outstanding Explanation

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

C-Bond Systems Days Sales Outstanding Related Terms

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C-Bond Systems (C-Bond Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » C-Bond Systems Inc (OTCPK:CBNT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6035 South Loop East, Houston, TX, USA, 80525

Website

https://www.cbondsystems.com

C-Bond Systems Inc is a nanotechnology company and owner, developer, and manufacturer of the patented C-Bond technology. It operates in two divisions: C-Bond and Mobile Tint. The company generates maximum revenue from the Mobile Tint segment. Mobile Tint segment is engaged in the distribution and installation of window film solutions. C-Bond segment is engaged in the manufacturing and sale of a windshield strengthening water repellent solution as well as a disinfection product, and the sale of multi-purpose glass strengthening primer and window film mounting solutions, including ballistic-resistant film systems and a forced entry system.

Executives

Allison F Tomek	director, officer: PRESIDENT	6035 SOUTH LOOP EAST, HOUSTON TX 77033
Barry M Edelstein	director	1100 GREEN VALLEY ROAD, BRYN MAWR PA 19010
Scott Viggo Thomsen	director	6035 SOUTH LOOP EAST, HOUSTON TX 77033
Scott R Silverman	officer: CEO, PRESIDENT
Pugliese Vincent Joseph Alfred	officer: CEO, Int CFO, Treas., Sec.	6035 SOUTH LOOP EAST, HOUSTON CO 77033
Boco Investments Llc	10 percent owner	103 WEST MOUNTAIN AVENUE, FORT COLLINS CO 80524
Joni K Troska	officer: Secretary	123 NORTH COLLEGE DRIVE, STE. 200, FT. COLLINGS CO 80524
Brian L Klemsz	director, officer: CEO and CFO	1601 OFFICERS ROW, VANCOUVER WA 98661