Graphene Manufacturing Group (TSXV:GMG) Days Sales Outstanding : 1,563.35 (As of Dec. 2023)

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What is Graphene Manufacturing Group Days Sales Outstanding?

Graphene Manufacturing Group's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.84 Mil. Graphene Manufacturing Group's Revenue for the three months ended in Dec. 2023 was C$0.05 Mil. Hence, Graphene Manufacturing Group's Days Sales Outstanding for the three months ended in Dec. 2023 was 1,563.35.

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

TSXV:GMG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.33 Med: 122.52 Max: 1976.28
Current: 1260.37

During the past 4 years, Graphene Manufacturing Group's highest Days Sales Outstanding was 1976.28. The lowest was 33.33. And the median was 122.52.

TSXV:GMG's Days Sales Outstanding is ranked worse than
99.67% of 1527 companies
in the Chemicals industry
Industry Median: 63.51 vs TSXV:GMG: 1260.37

Graphene Manufacturing Group's Days Sales Outstanding declined from Dec. 2022 (4,756.41) to Dec. 2023 (1,563.35).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Graphene Manufacturing Group Days Sales Outstanding Historical Data

The historical data trend for Graphene Manufacturing Group'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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Graphene Manufacturing Group Days Sales Outstanding Chart

Graphene Manufacturing Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

73.70

33.33

171.33

1,976.28

Graphene Manufacturing Group Quarterly Data
	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											4,756.41	711.34	1,658.01	1,615.63	1,563.35

Competitive Comparison of Graphene Manufacturing Group's Days Sales Outstanding

For the Specialty Chemicals subindustry, Graphene Manufacturing Group'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.

Graphene Manufacturing Group's Days Sales Outstanding Distribution in the Chemicals Industry

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

* The bar in red indicates where Graphene Manufacturing Group's Days Sales Outstanding falls into.

Graphene Manufacturing Group 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.

Graphene Manufacturing Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.025	+	1.621)	/	2 )	/	0.152	*	365
=	0.823					/	0.152	*	365
=	1,976.28

Graphene Manufacturing Group'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
=	( (1.566	+	0.113)	/	2 )	/	0.049	*	365 / 4
=	0.8395					/	0.049	*	365 / 4
=	1,563.35

Graphene Manufacturing Group (TSXV:GMG) Days Sales Outstanding Explanation

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

Graphene Manufacturing Group Days Sales Outstanding Related Terms

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Graphene Manufacturing Group (TSXV:GMG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Graphene Manufacturing Group Ltd (TSXV:GMG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GMGMF:USA 0GF:Germany

Address

5/848 Boundary Road, Unit 5, Richlands, QLD, AUS, 4077

Website

https://www.graphenemg.com

Graphene Manufacturing Group Ltd is involved in the production of high-quality graphene used predominantly in paints, coolants, and lubricants targeting to improve energy efficiency and reduce costs, and additionally in next-generation battery technology. It is a clean-technology-focused company that aims to offer energy-saving products and solutions and energy storage products, enabled by Graphene manufactured in-house via a proprietary production process.

Graphene Manufacturing Group (TSXV:GMG) Headlines

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