Rakon (RAKNF) Days Sales Outstanding : 101.67 (As of Mar. 2024)

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What is Rakon Days Sales Outstanding?

Rakon's average Accounts Receivable for the six months ended in Mar. 2024 was $24.16 Mil. Rakon's Revenue for the six months ended in Mar. 2024 was $43.37 Mil. Hence, Rakon's Days Sales Outstanding for the six months ended in Mar. 2024 was 101.67.

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

RAKNF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 68.42 Med: 95.23 Max: 117.41
Current: 117.41

During the past 13 years, Rakon's highest Days Sales Outstanding was 117.41. The lowest was 68.42. And the median was 95.23.

RAKNF's Days Sales Outstanding is ranked worse than
74.86% of 2952 companies
in the Industrial Products industry
Industry Median: 79.815 vs RAKNF: 117.41

Rakon's Days Sales Outstanding increased from Mar. 2023 (80.11) to Mar. 2024 (101.67).

Warning Sign:

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

Rakon Days Sales Outstanding Historical Data

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

Rakon Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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112.60

87.01

69.73

80.54

112.01

Rakon Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															74.19	106.22	80.11	146.09	101.67

Competitive Comparison of Rakon's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Rakon'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.

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

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

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

Rakon 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.

Rakon's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (26.667	+	21.123)	/	2 )	/	77.865	*	365
=	23.895					/	77.865	*	365
=	112.01

Rakon's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (27.193	+	21.123)	/	2 )	/	43.365	*	365 / 2
=	24.158					/	43.365	*	365 / 2
=	101.67

Rakon (OTCPK:RAKNF) Days Sales Outstanding Explanation

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

Rakon Days Sales Outstanding Related Terms

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Rakon (RAKNF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Rakon Ltd (OTCPK:RAKNF) » Definitions » Days Sales Outstanding

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RAK:New Zealand

Address

8 Sylvia Park Road, Mt Wellington, Auckland, NZL, 1060

Website

https://www.rakon.com

Rakon Ltd is engaged in the development of frequency control products and timing solutions for a wide range of applications. Its core markets are Telecommunications, Space & Defence, and Global Positioning. The company's product range consists of low stability Crystal Oscillators (XO), Voltage Controlled Crystal Oscillators (VCXOs), and crystal products, through to high volume precision Temperature Compensated Crystal Oscillators (TCXOs), Oven Controlled Crystal Oscillators (OCXOs), Digital Pulse Compression Sub-Systems (DPCSS), Surface Acoustic Wave (SAW) oscillators and specialized products. The company's geographical segments are New Zealand, France, India, and Others.