NeoVolta (NeoVolta) Days Sales Outstanding : 191.02 (As of Dec. 2023)

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What is NeoVolta Days Sales Outstanding?

NeoVolta's average Accounts Receivable for the three months ended in Dec. 2023 was $2.13 Mil. NeoVolta's Revenue for the three months ended in Dec. 2023 was $1.02 Mil. Hence, NeoVolta's Days Sales Outstanding for the three months ended in Dec. 2023 was 191.02.

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

NEOV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 85.35 Med: 99.78 Max: 224.55
Current: 224.55

During the past 3 years, NeoVolta's highest Days Sales Outstanding was 224.55. The lowest was 85.35. And the median was 99.78.

NEOV's Days Sales Outstanding is ranked worse than
93.47% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs NEOV: 224.55

NeoVolta's Days Sales Outstanding declined from Dec. 2022 (312.78) to Dec. 2023 (191.02).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

NeoVolta Days Sales Outstanding Historical Data

The historical data trend for NeoVolta'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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NeoVolta Days Sales Outstanding Chart

NeoVolta Annual Data

Trend

Jun21

Jun22

Jun23

Days Sales Outstanding

85.35

99.78

166.02

NeoVolta Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						312.78	257.43	225.22	233.02	191.02

Competitive Comparison of NeoVolta's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, NeoVolta'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.

NeoVolta's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NeoVolta's Days Sales Outstanding distribution charts can be found below:

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

NeoVolta 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.

NeoVolta's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (1.318	+	1.826)	/	2 )	/	3.456	*	365
=	1.572					/	3.456	*	365
=	166.02

NeoVolta'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
=	( (2.076	+	2.186)	/	2 )	/	1.018	*	365 / 4
=	2.131					/	1.018	*	365 / 4
=	191.02

NeoVolta (NAS:NEOV) Days Sales Outstanding Explanation

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

NeoVolta Days Sales Outstanding Related Terms

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NeoVolta (NeoVolta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NeoVolta Inc (NAS:NEOV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

13651 Danielson Street, Suite A, Poway, CA, USA, 92064

Website

https://www.neovolta.com

NeoVolta Inc is engaged in designing, manufacturing and sale of high end Energy Storage System which can store and use solar energy via batteries and an inverter at a residential site. Its market place includes solar industry, installers, new construction homebuilders, home remodelers, and homeowners.

Executives

Steve Bond	director, officer: Chief Financial Officer	28839 PUJOL ST., #832, TEMECULA CA 92590
Brent Willson	director	5271 CAMINITO EXQUISITO, SAN DIEGO CA 92130
Susan H Snow	director	26 SEDGE FERN DRIVE, HILTON HEAD SC 29926
John A Hass	director	C/O NEOVOLTA, INC., 13651 DANIELSON STREET, SUITE A, POWAY CA 92064
James F Amos	director	C/O NEOVOLTA, INC., 13651 DANIELSON STREET, SUITE A, POWAY CA 92064