Flexpoint Sensor Systems (Flexpoint Sensor Systems) Days Sales Outstanding : 81.86 (As of Dec. 2023)

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What is Flexpoint Sensor Systems Days Sales Outstanding?

Flexpoint Sensor Systems's average Accounts Receivable for the three months ended in Dec. 2023 was $0.03 Mil. Flexpoint Sensor Systems's Revenue for the three months ended in Dec. 2023 was $0.03 Mil. Hence, Flexpoint Sensor Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 81.86.

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

FLXT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.2 Med: 60.07 Max: 235.4
Current: 75.07

During the past 13 years, Flexpoint Sensor Systems's highest Days Sales Outstanding was 235.40. The lowest was 9.20. And the median was 60.07.

FLXT's Days Sales Outstanding is ranked better than
50% of 2456 companies
in the Hardware industry
Industry Median: 75.07 vs FLXT: 75.07

Flexpoint Sensor Systems's Days Sales Outstanding increased from Dec. 2022 (50.19) to Dec. 2023 (81.86).

Flexpoint Sensor Systems Days Sales Outstanding Historical Data

The historical data trend for Flexpoint Sensor 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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Flexpoint Sensor Systems Days Sales Outstanding Chart

Flexpoint Sensor Systems Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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9.20

62.68

14.77

35.05

110.19

Flexpoint Sensor 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															50.19	125.47	33.62	66.36	81.86

Competitive Comparison of Flexpoint Sensor Systems's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Flexpoint Sensor 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.

Flexpoint Sensor Systems's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Flexpoint Sensor Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Flexpoint Sensor Systems's Days Sales Outstanding falls into.

Flexpoint Sensor 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.

Flexpoint Sensor 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
=	( (0.02	+	0.044)	/	2 )	/	0.106	*	365
=	0.032					/	0.106	*	365
=	110.19

Flexpoint Sensor 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
=	( (0.017	+	0.044)	/	2 )	/	0.034	*	365 / 4
=	0.0305					/	0.034	*	365 / 4
=	81.86

Flexpoint Sensor Systems (OTCPK:FLXT) Days Sales Outstanding Explanation

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

Flexpoint Sensor Systems Days Sales Outstanding Related Terms

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Flexpoint Sensor Systems (Flexpoint Sensor Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Flexpoint Sensor Systems Inc (OTCPK:FLXT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5718 W Dannon Way, Suite B, West Jordan, UT, USA, 84081

Website

https://www.flexpoint.com

Flexpoint Sensor Systems Inc designs, manufactures and markets flexible Bend Sensor technology. The Bend Sensor is used for myriad applications, spanning multiple markets such as automotive and transportation, wearables, medical, industrial controls, consumer products, and toys/gaming. Its products include Bend Sensor, and USB Bend Sensor Kit.

Executives

Clark M Mower	director, officer: President, CEO	106 W. BUSINESS PARK DRIVE, DRAPER UT 84020
Thomas N Strong	officer: CFO/comptroller & Sec./Treas.	106 WEST BUSINESS PARK DRIVE, DRAPER UT 84020
Atkinson B Fred Jr	officer: Secretary/Treasurer	106 W. BUSINESS PARK DRIVE, DRAPER UT 84020
Gill Ruland J Jr	director	532 HERITAGE DRIVE, BOUNTIFUL UT 84010
John A Sindt	director	47 E 7200 SOUTH, #201, MIDVALE UT 84047
Donald E Shelley	other: Former Sec./Treas.	160 W 1200 S, DRAPER UT 84020
First Equity Holdings Corp	10 percent owner	2157 S LINCOLN ST, SALT LAKE CITY UT 84106