MICR (Micron Solutions) Days Sales Outstanding: 58.28 (As of Mar. 2023)

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MICR Micron Solutions Inc MICR
16 GF Score
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What is Micron Solutions Days Sales Outstanding?

Micron Solutions MICR 16 Days Sales Outstanding is 58.28 as of Mar. 2023. GuruFocus rates MICR with a GF Score™ of 16/100.

Micron Solutions's average Accounts Receivable for the three months ended in Mar. 2023 was $3.31 Mil. Micron Solutions's Revenue for the three months ended in Mar. 2023 was $5.18 Mil. Hence, Micron Solutions's Days Sales Outstanding for the three months ended in Mar. 2023 was 58.28.

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

MICR's Days Sales Outstanding is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 65.38
* Ranked among companies with meaningful Days Sales Outstanding only.

Micron Solutions's Days Sales Outstanding increased from Mar. 2022 (51.43) to Mar. 2023 (58.28).


Micron Solutions  (OTCPK:MICR) Days Sales Outstanding Explanation

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


Micron Solutions Days Sales Outstanding Related Terms


Micron Solutions Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Micron Solutions'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.

Micron Solutions Days Sales Outstanding Chart

Micron Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.90 46.70 53.39 57.32 47.76

Micron Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 51.43 41.71 50.49 54.89 58.28

MICR vs AIMD, RSLS, NUWE: Days Sales Outstanding Comparison

For the Medical Devices subindustry, Micron Solutions'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.


Micron Solutions Days Sales Outstanding vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Micron Solutions's Days Sales Outstanding distribution charts can be found below:

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


MICR
16GF Score
Micron Solutions Inc MICR
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron Solutions 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.

Micron Solutions'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
=( (2.46753 + 3.437963) / 2 ) / 22.564504*365
=2.9527465 / 22.564504*365
=47.76

Micron Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding (Q: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (3.437963 + 3.175998) / 2 ) / 5.177912*365 / 4
=3.3069805 / 5.177912*365 / 4
=58.28

* 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 58.28 mean?
Micron Solutions (MICR) has a Days Sales Outstanding of 58.28 as of Mar. 2023. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Micron Solutions and its competitors.
Is Micron Solutions' Days Sales Outstanding too high?
Micron Solutions' current Days Sales Outstanding is 58.28. The Medical Devices & Instruments industry median Days Sales Outstanding is 65.38. Micron Solutions' value of 58.28 is 10.9% below this industry median. Overall, Micron Solutions has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Micron Solutions' Days Sales Outstanding compare to AIMD and RSLS?
Micron Solutions' Days Sales Outstanding of 58.28 can be compared against companies in the Medical Devices & Instruments industry. The industry median Days Sales Outstanding is 65.38. Micron Solutions' value of 58.28 is 10.9% 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 Medical Devices & Instruments company?
The median Days Sales Outstanding among Medical Devices & Instruments companies is 65.38, based on 811 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. Micron Solutions's current Days Sales Outstanding of 58.28 is 10.9% 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 Micron Solutions and its competitors. For the Medical Devices & Instruments industry, the median Days Sales Outstanding is 65.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micron Solutions's current Days Sales Outstanding is 58.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Solutions stock overvalued right now?
Micron Solutions (MICR) has a current Days Sales Outstanding of 58.28. The current Days Sales Outstanding is 58.28 and 10.9% below the Medical Devices & Instruments industry median of 65.38. Micron Solutions' overall GF Score™ is 16/100. 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 Micron Solutions (MICR), the current Days Sales Outstanding is 58.28 as of Mar. 2023. 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.

Micron Solutions Business Description

Address 25 Sawyer Passway, Fitchburg, MA, USA, 01420
Micron Solutions Inc is a diversified contract manufacturing organization that produces engineered medical device components requiring precision machining and injection molding. It provides design, engineering, quality, and regulatory expertise across the three product lines, machining, thermoplastic injection molding, and sensors. It's engaged in the production and sale of silver chloride-coated and conductive resin sensors used as consumable component parts in the manufacture of integrated disposable electrophysiological sensors. It also provides other value-added services, including the design, manufacture, and rehabilitation of injection molding tools, pad printing, ultrasonic welding, stamping, laser marking, clean room molding, and others.
16GF Score

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Days Sales Outstanding is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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