GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Innovaro Inc (OTCPK:INNI) » Definitions » Days Sales Outstanding

Innovaro (Innovaro) Days Sales Outstanding : 75.77 (As of Sep. 2013)


View and export this data going back to 2000. Start your Free Trial

What is Innovaro Days Sales Outstanding?

Innovaro's average Accounts Receivable for the three months ended in Sep. 2013 was $0.14 Mil. Innovaro's Revenue for the three months ended in Sep. 2013 was $0.17 Mil. Hence, Innovaro's Days Sales Outstanding for the three months ended in Sep. 2013 was 75.77.

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

INNI's Days Sales Outstanding is not ranked *
in the Diversified Financial Services industry.
Industry Median: 55.96
* Ranked among companies with meaningful Days Sales Outstanding only.

Innovaro's Days Sales Outstanding declined from Sep. 2012 (181.78) to Sep. 2013 (75.77).


Innovaro Days Sales Outstanding Historical Data

The historical data trend for Innovaro'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.

Innovaro Days Sales Outstanding Chart

Innovaro Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.95 63.87 45.68 796.29 120.98

Innovaro Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 181.78 146.88 104.54 94.65 75.77

Competitive Comparison of Innovaro's Days Sales Outstanding

For the Shell Companies subindustry, Innovaro'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.


Innovaro's Days Sales Outstanding Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Innovaro's Days Sales Outstanding distribution charts can be found below:

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



Innovaro 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.

Innovaro's Days Sales Outstanding for the fiscal year that ended in Dec. 2012 is calculated as

Days Sales Outstanding (A: Dec. 2012 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2011 ) + Accounts Receivable (A: Dec. 2012 )) / count ) / Revenue (A: Dec. 2012 )*Days in Period
=( (0.102 + 0.25) / 2 ) / 0.531*365
=0.176 / 0.531*365
=120.98

Innovaro's Days Sales Outstanding for the quarter that ended in Sep. 2013 is calculated as:

Days Sales Outstanding (Q: Sep. 2013 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2013 ) + Accounts Receivable (A: Sep. 2013 )) / count ) / Revenue (A: Sep. 2013 )*Days in Period
=( (0.099 + 0.18) / 2 ) / 0.168*365 / 4
=0.1395 / 0.168*365 / 4
=75.77

* 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.


Innovaro  (OTCPK:INNI) Days Sales Outstanding Explanation

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


Innovaro Days Sales Outstanding Related Terms

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


Innovaro (Innovaro) Business Description

Traded in Other Exchanges
N/A
Address
624 Tyvola Road, Suite 103, No. 186, Charlotte, NC, USA, 28217
Innovaro Inc is a shell company. It was previously engaged in software services. Currently, the company does not have any operations.
Executives
John Micek director 300 HAMILTON AVENUE, 4TH FLOOR, PALO ALTO CA 94301
Mark S Berset director 700 CENTRAL AVE, SAINT PETERSBURG FL 33701
Bruce Lucas director 2109 E. PALM AVENUE, TAMPA FL 33605
Charles L Pope director 4902 EISENHOWER BOULEVARD, TAMPA FL 33634
David G Mooring officer: VICE PRESIDENT RAMBUS INC, 4444 EL CAMINO REAL, LOS ALTOS CA 94022

Innovaro (Innovaro) Headlines

No Headlines