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Sharc International Systems (XCNQ:SHRC) Days Sales Outstanding : 7.87 (As of Sep. 2023)


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What is Sharc International Systems Days Sales Outstanding?

Sharc International Systems's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.05 Mil. Sharc International Systems's Revenue for the three months ended in Sep. 2023 was C$0.55 Mil. Hence, Sharc International Systems's Days Sales Outstanding for the three months ended in Sep. 2023 was 7.87.

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

XCNQ:SHRC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.73   Med: 89.54   Max: 457.52
Current: 27.14

During the past 12 years, Sharc International Systems's highest Days Sales Outstanding was 457.52. The lowest was 12.73. And the median was 89.54.

XCNQ:SHRC's Days Sales Outstanding is ranked better than
95.23% of 2958 companies
in the Industrial Products industry
Industry Median: 79.14 vs XCNQ:SHRC: 27.14

Sharc International Systems's Days Sales Outstanding declined from Sep. 2022 (459.03) to Sep. 2023 (7.87).

Sharc International Systems Days Sales Outstanding Historical Data

The historical data trend for Sharc International 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.

* Premium members only.

Sharc International Systems Days Sales Outstanding Chart

Sharc International Systems Annual Data
Trend Oct13 Oct14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 144.35 457.52 12.73 87.49 163.52

Sharc International Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial 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 459.03 46.25 31.45 7.03 7.87

Competitive Comparison of Sharc International Systems's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Sharc International 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.

Sharc International Systems's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sharc International Systems's Days Sales Outstanding distribution charts can be found below:

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


Sharc International 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.

Sharc International Systems's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (1.265 + 0.475) / 2 ) / 1.942*365
=0.87 / 1.942*365
=163.52

Sharc International Systems's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.039 + 0.055) / 2 ) / 0.545*365 / 4
=0.047 / 0.545*365 / 4
=7.87

* 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.

Sharc International Systems  (XCNQ:SHRC) Days Sales Outstanding Explanation

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

Sharc International Systems Days Sales Outstanding Related Terms

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Sharc International Systems (XCNQ:SHRC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sharc International Systems Inc (XCNQ:SHRC) » Definitions » Days Sales Outstanding
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Traded in Other Exchanges
INTWF:USA
Address
1443 Spitfire Place, Port Coquitlam, BC, CAN, V3C 6L4
Website
https://www.sharcenergy.com
Sharc International Systems Inc is engaged in providing wastewater heat exchange expertise and products that serve commercial, industrial, public utilities and residential development projects objectives of reducing their carbon footprint while saving on energy costs. The company operates in a single operating segment namely, Sales and marketing of Wastewater energy transfer equipment.