Andalay Solar (Andalay Solar) Days Sales Outstanding : 44.91 (As of Sep. 2015)

View and export this data going back to . Start your Free Trial

What is Andalay Solar Days Sales Outstanding?

Andalay Solar's average Accounts Receivable for the three months ended in Sep. 2015 was $0.09 Mil. Andalay Solar's Revenue for the three months ended in Sep. 2015 was $0.19 Mil. Hence, Andalay Solar's Days Sales Outstanding for the three months ended in Sep. 2015 was 44.91.

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

WEST's Days Sales Outstanding is not ranked ^*
in the Semiconductors industry.
Industry Median: 62.435
* Ranked among companies with meaningful Days Sales Outstanding only.

Andalay Solar's Days Sales Outstanding declined from Sep. 2014 (55.79) to Sep. 2015 (44.91).

Andalay Solar Days Sales Outstanding Historical Data

The historical data trend for Andalay Solar'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.

Andalay Solar Days Sales Outstanding Chart

Andalay Solar Annual Data

Trend

Oct05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Days Sales Outstanding

Get a 7-Day Free Trial

22.93

32.10

51.13

151.52

97.13

Andalay Solar Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Days Sales Outstanding	Get a 7-Day Free Trial															55.79	50.30	29.86	24.01	44.91

Competitive Comparison of Andalay Solar's Days Sales Outstanding

For the Solar subindustry, Andalay Solar'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.

Andalay Solar's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Andalay Solar's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Andalay Solar's Days Sales Outstanding falls into.

Andalay Solar 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.

Andalay Solar's Days Sales Outstanding for the fiscal year that ended in Dec. 2014 is calculated as

	Days Sales Outstanding (A: Dec. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2013 )	+	Accounts Receivable (A: Dec. 2014 ))	/	count )	/	Revenue (A: Dec. 2014 )	*	Days in Period
=	( (0.568	+	0.118)	/	2 )	/	1.289	*	365
=	0.343					/	1.289	*	365
=	97.13

Andalay Solar's Days Sales Outstanding for the quarter that ended in Sep. 2015 is calculated as:

	Days Sales Outstanding (Q: Sep. 2015 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2015 )	+	Accounts Receivable (A: Sep. 2015 ))	/	count )	/	Revenue (A: Sep. 2015 )	*	Days in Period
=	( (0.118	+	0.07)	/	2 )	/	0.191	*	365 / 4
=	0.094					/	0.191	*	365 / 4
=	44.91

Andalay Solar (GREY:WEST) Days Sales Outstanding Explanation

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

Andalay Solar Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Andalay Solar's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Andalay Solar (Andalay Solar) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Andalay Solar Inc (GREY:WEST) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.andalaysolar.com

Andalay Solar Inc designs and manufactures solar power systems and solar panels with integrated micro-inverters. Its product offering includes sold to solar installers, trade workers, and do-it-yourself customers. The company operates in two segments which include Selling AC solar panels to solar installers, trade workers and do-it-yourself customers and its markets, sells, designs and installs systems for residential and commercial customers.