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Micropac Industries (Micropac Industries) Days Sales Outstanding

: 94.67 (As of Feb. 2024)
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Micropac Industries's average Accounts Receivable for the three months ended in Feb. 2024 was $6.35 Mil. Micropac Industries's Revenue for the three months ended in Feb. 2024 was $6.12 Mil. Hence, Micropac Industries's Days Sales Outstanding for the three months ended in Feb. 2024 was 94.67.

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

MPAD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.75   Med: 51.11   Max: 69.48
Current: 52.65

During the past 13 years, Micropac Industries's highest Days Sales Outstanding was 69.48. The lowest was 42.75. And the median was 51.11.

MPAD's Days Sales Outstanding is ranked better than
75.57% of 2456 companies
in the Hardware industry
Industry Median: 75.235 vs MPAD: 52.65

Micropac Industries's Days Sales Outstanding increased from Feb. 2023 (47.57) to Feb. 2024 (94.67).


Micropac Industries Days Sales Outstanding Historical Data

The historical data trend for Micropac Industries'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.

Micropac Industries Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Days Sales Outstanding
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 51.30 49.33 50.91 56.61 69.48

Micropac Industries Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Sales Outstanding Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.57 37.16 46.20 48.92 94.67

Competitive Comparison

For the Electronic Components subindustry, Micropac Industries'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.


Micropac Industries Days Sales Outstanding Distribution

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

* The bar in red indicates where Micropac Industries's Days Sales Outstanding falls into.



Micropac Industries 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.

Micropac Industries's Days Sales Outstanding for the fiscal year that ended in Nov. 2023 is calculated as

Days Sales Outstanding (A: Nov. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2022 ) + Accounts Receivable (A: Nov. 2023 )) / count ) / Revenue (A: Nov. 2023 )*Days in Period
=( (3.644 + 8.021) / 2 ) / 30.639*365
=5.8325 / 30.639*365
=69.48

Micropac Industries's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

Days Sales Outstanding (Q: Feb. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Nov. 2023 ) + Accounts Receivable (A: Feb. 2024 )) / count ) / Revenue (A: Feb. 2024 )*Days in Period
=( (8.021 + 4.673) / 2 ) / 6.118*365 / 4
=6.347 / 6.118*365 / 4
=94.67

* 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.


Micropac Industries  (OTCPK:MPAD) Days Sales Outstanding Explanation

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


Micropac Industries Days Sales Outstanding Related Terms

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Micropac Industries (Micropac Industries) Business Description

Traded in Other Exchanges
N/A
Address
905 East Walnut Street, Garland, TX, USA, 75040
Micropac Industries Inc manufactures and distributes a range of hybrid microelectronic circuits, solid-state relays (SSRs), power controllers, and optoelectronic components and assemblies. Its products are used as components in a range of military, space, and industrial systems, including aircraft instrumentation and navigation systems, power supplies, electronic controls, computers, medical devices, and high-temperature products. The company's core technology is the packaging and interconnecting of multi-chip microelectronics modules. Other technologies include light-emitting, and light-sensitive materials and products, including light-emitting diodes (LEDs) and silicon phototransistors used in the company's optoelectronic components and assemblies.
Executives
Mark W King director, officer: Chief Executive Officer 2905 WYNDHAM LANE, RICHARDSON TX 75082
Richard K Hoesterey director 7852 LA COSA DRIVE, DALLAS TX 75248
Eugene A. Robinson director 1200 LAKE POINT CIRCLE, MCKINNEY TX 75070
Heinz-werner Hempel director, 10 percent owner AM WALL 127 D-281951, BREMEN 2M 00000
Micropac Industries, Inc. 10 percent owner AM WALL 127 D-281951 1, BREMEN 2M 00000
Patrick Cefalu officer: CFO 8706 ARBORSIDE, ROWLETT TX 75089
Wood Connie J. director 877 FM 2948, COMO TX 75431
H. Kent Hearn director 1409 BRIAR HOLLOW, GARLAND TX 75043

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