Location Based Technologies (Location Based Technologies) Days Sales Outstanding : 23.56 (As of May. 2015)

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What is Location Based Technologies Days Sales Outstanding?

Location Based Technologies's average Accounts Receivable for the three months ended in May. 2015 was $0.14 Mil. Location Based Technologies's Revenue for the three months ended in May. 2015 was $0.55 Mil. Hence, Location Based Technologies's Days Sales Outstanding for the three months ended in May. 2015 was 23.56.

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

LBAS's Days Sales Outstanding is not ranked ^*
in the Hardware industry.
Industry Median: 74.23
* Ranked among companies with meaningful Days Sales Outstanding only.

Location Based Technologies's Days Sales Outstanding increased from May. 2014 (13.34) to May. 2015 (23.56).

Location Based Technologies Days Sales Outstanding Historical Data

The historical data trend for Location Based Technologies'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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Location Based Technologies Days Sales Outstanding Chart

Location Based Technologies Annual Data

Trend

Aug06

Aug07

Aug08

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Days Sales Outstanding

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408.58

72.38

25.31

16.71

Location Based Technologies Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
Days Sales Outstanding	Get a 7-Day Free Trial															13.34	16.09	15.44	20.90	23.56

Competitive Comparison of Location Based Technologies's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Location Based Technologies'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.

Location Based Technologies's Days Sales Outstanding Distribution in the Hardware Industry

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

* The bar in red indicates where Location Based Technologies's Days Sales Outstanding falls into.

Location Based Technologies 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.

Location Based Technologies's Days Sales Outstanding for the fiscal year that ended in Aug. 2014 is calculated as

	Days Sales Outstanding (A: Aug. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2013 )	+	Accounts Receivable (A: Aug. 2014 ))	/	count )	/	Revenue (A: Aug. 2014 )	*	Days in Period
=	( (0.078	+	0.078)	/	2 )	/	1.704	*	365
=	0.078					/	1.704	*	365
=	16.71

Location Based Technologies's Days Sales Outstanding for the quarter that ended in May. 2015 is calculated as:

	Days Sales Outstanding (Q: May. 2015 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2015 )	+	Accounts Receivable (A: May. 2015 ))	/	count )	/	Revenue (A: May. 2015 )	*	Days in Period
=	( (0.097	+	0.188)	/	2 )	/	0.552	*	365 / 4
=	0.1425					/	0.552	*	365 / 4
=	23.56

Location Based Technologies (OTCPK:LBAS) Days Sales Outstanding Explanation

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

Location Based Technologies Days Sales Outstanding Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Location Based Technologies Inc (OTCPK:LBAS) » Definitions » Days Sales Outstanding

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Address

7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618

Website

https://www.locationbasedtech.com

Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

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