PPSI (Pioneer Power Solutions) Days Sales Outstanding : 65.65 (As of Sep. 2024)

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What is Pioneer Power Solutions Days Sales Outstanding?

Pioneer Power Solutions's average Accounts Receivable for the three months ended in Sep. 2024 was $7.85 Mil. Pioneer Power Solutions's Revenue for the three months ended in Sep. 2024 was $10.91 Mil. Hence, Pioneer Power Solutions's Days Sales Outstanding for the three months ended in Sep. 2024 was 65.65.

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

PPSI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 45.21 Med: 55.6 Max: 166.7
Current: 96.15

During the past 13 years, Pioneer Power Solutions's highest Days Sales Outstanding was 166.70. The lowest was 45.21. And the median was 55.60.

PPSI's Days Sales Outstanding is ranked worse than
61.92% of 2970 companies
in the Industrial Products industry
Industry Median: 80.9 vs PPSI: 96.15

Pioneer Power Solutions's Days Sales Outstanding increased from Sep. 2023 (58.84) to Sep. 2024 (65.65).

Warning Sign:

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

Pioneer Power Solutions Days Sales Outstanding Historical Data

The historical data trend for Pioneer Power 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.

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Pioneer Power Solutions Days Sales Outstanding Chart

Pioneer Power Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.96

59.02

49.99

87.72

83.66

Pioneer Power Solutions Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Sales Outstanding	Get a 7-Day Free Trial															58.84	99.83	107.32	123.02	65.65

Competitive Comparison of Pioneer Power Solutions's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Pioneer Power 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.

Pioneer Power Solutions's Days Sales Outstanding Distribution in the Industrial Products Industry

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

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

Pioneer Power 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.

Pioneer Power Solutions'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
=	( (10.01	+	9.01)	/	2 )	/	41.493	*	365
=	9.51					/	41.493	*	365
=	83.66

Pioneer Power Solutions's Days Sales Outstanding for the quarter that ended in Sep. 2024 is calculated as:

	Days Sales Outstanding (Q: Sep. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2024 )	+	Accounts Receivable (A: Sep. 2024 ))	/	count )	/	Revenue (A: Sep. 2024 )	*	Days in Period
=	( (5.9	+	9.799)	/	2 )	/	10.911	*	365 / 4
=	7.8495					/	10.911	*	365 / 4
=	65.65

Pioneer Power Solutions (NAS:PPSI) Days Sales Outstanding Explanation

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

Pioneer Power Solutions Days Sales Outstanding Related Terms

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Pioneer Power Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Pioneer Power Solutions Inc (NAS:PPSI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024

Website

https://www.pioneerpowersolutions.com

Pioneer Power Solutions Inc manufactures, sells, and services a broad range of specialty electrical transmission, distribution, and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. Pioneer Power works in two reportable segments which includes Electrical Infrastructure Equipment and Critical Power Solutions (Critical Power). Pioneer generates the majority of its revenue from the United States of America.

Executives

Nathan Mazurek	10 percent owner, officer: President, CEO, Chairman	C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Kytchener Stevenson Whyte	director	400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
Wojciech Michalec	officer: Interim CFO	400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
A. Lawrence Carroll Trust	10 percent owner	415 L'AMBIANCE DRIVE, APT. 804, LONGBOAT KEY FL 34228
David Tesler	director	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Jonathan Tulkoff	director	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Thomas Klink	director, officer: See Remarks	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Andrew Minkow	director, officer: CFO, Secretary and Treasurer	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Ian Ross	director	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Yossi Cohn	director	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
David J. Landes	director, 10 percent owner	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Pioneer Partners, L.p.	10 percent owner	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Canada Corp.	10 percent owner	400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024