Dirtt Environmental Solutions (Dirtt Environmental Solutions) Days Sales Outstanding : 32.52 (As of Dec. 2023)

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What is Dirtt Environmental Solutions Days Sales Outstanding?

Dirtt Environmental Solutions's average Accounts Receivable for the three months ended in Dec. 2023 was $18.2 Mil. Dirtt Environmental Solutions's Revenue for the three months ended in Dec. 2023 was $50.9 Mil. Hence, Dirtt Environmental Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 32.52.

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

DRTTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.81 Med: 37.47 Max: 48.51
Current: 31.12

During the past 11 years, Dirtt Environmental Solutions's highest Days Sales Outstanding was 48.51. The lowest was 28.81. And the median was 37.47.

DRTTF's Days Sales Outstanding is ranked better than
88.4% of 1646 companies
in the Construction industry
Industry Median: 72.21 vs DRTTF: 31.12

Dirtt Environmental Solutions's Days Sales Outstanding declined from Dec. 2022 (36.14) to Dec. 2023 (32.52).

Dirtt Environmental Solutions Days Sales Outstanding Historical Data

The historical data trend for Dirtt Environmental Solutions'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.

Dirtt Environmental Solutions Days Sales Outstanding Chart

Dirtt Environmental Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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47.87

37.80

33.62

29.67

29.81

Dirtt Environmental Solutions 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															36.14	31.95	27.74	33.11	32.52

Competitive Comparison of Dirtt Environmental Solutions's Days Sales Outstanding

For the Engineering & Construction subindustry, Dirtt Environmental Solutions'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.

Dirtt Environmental Solutions's Days Sales Outstanding Distribution in the Construction Industry

For the Construction industry and Industrials sector, Dirtt Environmental Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Dirtt Environmental Solutions's Days Sales Outstanding falls into.

Dirtt Environmental Solutions 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.

Dirtt Environmental Solutions'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
=	( (13.93	+	15.787)	/	2 )	/	181.931	*	365
=	14.8585					/	181.931	*	365
=	29.81

Dirtt Environmental Solutions'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
=	( (20.516	+	15.787)	/	2 )	/	50.933	*	365 / 4
=	18.1515					/	50.933	*	365 / 4
=	32.52

Dirtt Environmental Solutions (OTCPK:DRTTF) Days Sales Outstanding Explanation

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

Dirtt Environmental Solutions Days Sales Outstanding Related Terms

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Dirtt Environmental Solutions (Dirtt Environmental Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Dirtt Environmental Solutions Ltd (OTCPK:DRTTF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DRT:Canada

Address

7303 - 30th Street S.E., Calgary, AB, CAN, T2C 1N6

Website

https://www.dirtt.net

Dirtt Environmental Solutions Ltd is a manufacturer of customized interiors. The company combines its (3D) design, configuration, and manufacturing software (ICE or ICE Software) with in-house manufacturing of its prefabricated interior construction solutions and a distribution partner (DP) network. It offers services to various sectors which include healthcare, education, commercial and other sectors. DIRTT operates its activity through the U.S. and Canada of which, the United States generates the majority of revenue.

Executives

Shaun Noll	director	55 SPEAR STREET, 42ND FLOOR, SAN FRANCISCO CA 94101
Fareeha Khan	officer: Chief Financial Officer	7303 30 STREET S.E., CALGARY A0 T2C 1N6
Kenneth D Sanders	director	338 SPEAR STREET #31-C, SAN FRANCISCO CA 94105
Nandini Somayaji	officer: See Remarks	7303 30 STREET S.E., CALGARY A0 T2C 1N6
Mark Greffen	officer: See Remarks	7303 30 ST. S.E., CALGARY A0 T2C 1N6
Scott L Robinson	director	3499 ROUTE 9 NORTH, SUITE 3C, FREEHOLD NJ 07728
Benjamin Nicholas Urban	director, officer: Chief Executive Officer	7303 30 STREET S.E., CALGARY A0 T2C 1N6
Aron R. English	director	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Mitchell Cory	director	1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
Jeffery Dopheide	officer: Chief Revenue Officer	7303 30 STREET S.E., CALGARY A0 T2C 1N6
Richard J Hunter	officer: Chief Operating Officer	511 E JOHN CARPENTER FREEWAY, SUITE 600, IRVING TX 75062
Bradley Scott Little	officer: Chief Financial Officer	7303 30 ST SE, CALGARY A0 T2C 1N6
Douglas A Edwards	director	2218 ALTA AVE., LOUISVILLE KY 40205
Scott C Ryan	director	4745 N. 7TH STREET, SUITE 310, PHOENIX AZ 85014
Mary Garden	director	480 BROOKHAVEN RD, VICTORIA A1 V9E 2A5