G6 Materials (TSXV:GGG) Days Sales Outstanding : 11.97 (As of Nov. 2023)

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What is G6 Materials Days Sales Outstanding?

G6 Materials's average Accounts Receivable for the three months ended in Nov. 2023 was C$0.05 Mil. G6 Materials's Revenue for the three months ended in Nov. 2023 was C$0.41 Mil. Hence, G6 Materials's Days Sales Outstanding for the three months ended in Nov. 2023 was 11.97.

The historical rank and industry rank for G6 Materials's Days Sales Outstanding or its related term are showing as below:

TSXV:GGG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.64 Med: 13.79 Max: 87.6
Current: 10.59

During the past 13 years, G6 Materials's highest Days Sales Outstanding was 87.60. The lowest was 2.64. And the median was 13.79.

TSXV:GGG's Days Sales Outstanding is ranked better than
96.27% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs TSXV:GGG: 10.59

G6 Materials's Days Sales Outstanding increased from Nov. 2022 (4.69) to Nov. 2023 (11.97).

G6 Materials Days Sales Outstanding Historical Data

The historical data trend for G6 Materials'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.

G6 Materials Days Sales Outstanding Chart

G6 Materials Annual Data

Trend

Jul14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Days Sales Outstanding

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21.47

18.67

2.64

7.32

9.06

G6 Materials Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Sales Outstanding	Get a 7-Day Free Trial															4.69	8.59	9.62	12.22	11.97

Competitive Comparison of G6 Materials's Days Sales Outstanding

For the Specialty Chemicals subindustry, G6 Materials'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.

G6 Materials's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, G6 Materials's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where G6 Materials's Days Sales Outstanding falls into.

G6 Materials 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.

G6 Materials's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

	Days Sales Outstanding (A: May. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )	*	Days in Period
=	( (0.046	+	0.058)	/	2 )	/	2.095	*	365
=	0.052					/	2.095	*	365
=	9.06

G6 Materials's Days Sales Outstanding for the quarter that ended in Nov. 2023 is calculated as:

	Days Sales Outstanding (Q: Nov. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2023 )	+	Accounts Receivable (A: Nov. 2023 ))	/	count )	/	Revenue (A: Nov. 2023 )	*	Days in Period
=	( (0.058	+	0.049)	/	2 )	/	0.408	*	365 / 4
=	0.0535					/	0.408	*	365 / 4
=	11.97

G6 Materials (TSXV:GGG) Days Sales Outstanding Explanation

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

G6 Materials Days Sales Outstanding Related Terms

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G6 Materials (TSXV:GGG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » G6 Materials Corp (TSXV:GGG) » Definitions » Days Sales Outstanding

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GPHBF:USA G310:Germany

Address

760 Koehler Avenue, Suite 2, Ronkonkoma, NY, USA, 11779

Website

https://www.g6-materials.com

G6 Materials Corp is engaged in the development, manufacture, and sale of proprietary composites and coatings based on graphene and other advanced materials. The company's products include high-performance resins, composites, R&D materials, fine organic chemicals, and conductive adhesives.