HCGS (HighCom Global Security) Days Sales Outstanding: 34.01 (As of Dec. 2018)

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What is HighCom Global Security Days Sales Outstanding?

HighCom Global Security HCGS Days Sales Outstanding is 34.01 as of Dec. 2018.

HighCom Global Security's average Accounts Receivable for the three months ended in Dec. 2018 was $0.96 Mil. HighCom Global Security's Revenue for the three months ended in Dec. 2018 was $2.57 Mil. Hence, HighCom Global Security's Days Sales Outstanding for the three months ended in Dec. 2018 was 34.01.

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

HCGS's Days Sales Outstanding is not ranked *
in the Business Services industry.
Industry Median: 57.06
* Ranked among companies with meaningful Days Sales Outstanding only.

HighCom Global Security's Days Sales Outstanding increased from Dec. 2017 (27.97) to Dec. 2018 (34.01).


HighCom Global Security  (OTCPK:HCGS) Days Sales Outstanding Explanation

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


HighCom Global Security Days Sales Outstanding Related Terms


HighCom Global Security Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for HighCom Global Security'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.

HighCom Global Security Days Sales Outstanding Chart

HighCom Global Security Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.29 29.43 44.28 49.73 51.51

HighCom Global Security Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 27.97 49.50 36.32 29.24 34.01

HCGS vs DTII, UUU, GWSN: Days Sales Outstanding Comparison

For the Security & Protection Services subindustry, HighCom Global Security'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.


HighCom Global Security Days Sales Outstanding vs Business Services Industry

For the Business Services industry and Industrials sector, HighCom Global Security's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where HighCom Global Security's Days Sales Outstanding falls into.



HighCom Global Security 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.

HighCom Global Security's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

Days Sales Outstanding (A: Dec. 2018 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count ) / Revenue (A: Dec. 2018 )*Days in Period
=( (0.751 + 1.361) / 2 ) / 7.483*365
=1.056 / 7.483*365
=51.51

HighCom Global Security's Days Sales Outstanding for the quarter that ended in Dec. 2018 is calculated as:

Days Sales Outstanding (Q: Dec. 2018 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2018 ) + Accounts Receivable (A: Dec. 2018 )) / count ) / Revenue (A: Dec. 2018 )*Days in Period
=( (0.551 + 1.361) / 2 ) / 2.565*365 / 4
=0.956 / 2.565*365 / 4
=34.01

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 34.01 mean?
HighCom Global Security (HCGS) has a Days Sales Outstanding of 34.01 as of Dec. 2018. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on HighCom Global Security and its competitors.
Is HighCom Global Security's Days Sales Outstanding too high?
HighCom Global Security's current Days Sales Outstanding is 34.01. The Business Services industry median Days Sales Outstanding is 57.06. HighCom Global Security's value of 34.01 is 40.4% below this industry median.
How does HighCom Global Security's Days Sales Outstanding compare to DTII and UUU?
HighCom Global Security's Days Sales Outstanding of 34.01 can be compared against companies in the Business Services industry. The industry median Days Sales Outstanding is 57.06. HighCom Global Security's value of 34.01 is 40.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Business Services company?
The median Days Sales Outstanding among Business Services companies is 57.06, based on 1,060 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. HighCom Global Security's current Days Sales Outstanding of 34.01 is 40.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on HighCom Global Security and its competitors. For the Business Services industry, the median Days Sales Outstanding is 57.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. HighCom Global Security's current Days Sales Outstanding is 34.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HighCom Global Security stock overvalued right now?
HighCom Global Security (HCGS) has a current Days Sales Outstanding of 34.01. The current Days Sales Outstanding is 34.01 and 40.4% below the Business Services industry median of 57.06. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For HighCom Global Security (HCGS), the current Days Sales Outstanding is 34.01 as of Dec. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

HighCom Global Security Business Description

Address 2901 East 4th Avenue, Unit J, Columbus, OH, USA, 43219
HighCom Global Security Inc is a provider of equipment and services for the security and defense industries. It acquires, manages and builds businesses which provide specialized, mission-critical solutions that address the needs of its customers. The company's businesses continuously develops solutions that enable customers to achieve their objectives. Its HighCom Armor division provides high performance and affordable body armor, personal protective equipment, and armor systems and related accessories, while its BlastGard division has patented BlastWrap technology that acts as a virtual tent to effectively mitigate blast effects and suppress post-blast fires.