Kraken Robotics (Kraken Robotics) Days Sales Outstanding : 28.39 (As of Dec. 2023)

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What is Kraken Robotics Days Sales Outstanding?

Kraken Robotics's average Accounts Receivable for the three months ended in Dec. 2023 was $6.50 Mil. Kraken Robotics's Revenue for the three months ended in Dec. 2023 was $20.88 Mil. Hence, Kraken Robotics's Days Sales Outstanding for the three months ended in Dec. 2023 was 28.39.

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

KRKNF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.27 Med: 50.88 Max: 74.81
Current: 44.25

During the past 13 years, Kraken Robotics's highest Days Sales Outstanding was 74.81. The lowest was 27.27. And the median was 50.88.

KRKNF's Days Sales Outstanding is ranked better than
83.41% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs KRKNF: 44.25

Kraken Robotics's Days Sales Outstanding declined from Dec. 2022 (82.98) to Dec. 2023 (28.39).

Kraken Robotics Days Sales Outstanding Historical Data

The historical data trend for Kraken Robotics'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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Kraken Robotics Days Sales Outstanding Chart

Kraken Robotics Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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50.65

63.04

36.63

63.84

48.66

Kraken Robotics Quarterly Data
	Mar19	Jun19	Sep19	Dec19	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															82.98	83.14	48.66	44.81	28.39

Competitive Comparison of Kraken Robotics's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Kraken Robotics'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.

Kraken Robotics's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Kraken Robotics's Days Sales Outstanding distribution charts can be found below:

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

Kraken Robotics 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.

Kraken Robotics's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (7.367	+	6.462)	/	2 )	/	51.864	*	365
=	6.9145					/	51.864	*	365
=	48.66

Kraken Robotics'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
=	( (6.528	+	6.462)	/	2 )	/	20.875	*	365 / 4
=	6.495					/	20.875	*	365 / 4
=	28.39

Kraken Robotics (OTCPK:KRKNF) Days Sales Outstanding Explanation

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

Kraken Robotics Days Sales Outstanding Related Terms

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Kraken Robotics (Kraken Robotics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kraken Robotics Inc (OTCPK:KRKNF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

2KQ:Germany PNG:Canada

Address

189 Glencoe Drive, Mount Pearl, NL, CAN, A1N 4P6

Website

https://www.krakenrobotics.com

Kraken Robotics Inc is a Canadian company engaged in the design, manufacture and sale of software-centric sensors and underwater robotic systems. It operates in the business segments of Sensors and Platforms which is the design, manufacture, and sale and provision of services for underwater sonar and laser scanner sensor equipment and underwater vehicle platform; and Power which is the design, manufacture, and sale of subsea power equipment such as drives, thrusters, and batteries. A majority of the revenue is derived from the Sensors and Platforms segment. Geographically, the group generates revenue from Canada, the United States, Europe and other countries.

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