REC Silicon ASA (REC Silicon ASA) Days Sales Outstanding : 40.86 (As of Mar. 2024)

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What is REC Silicon ASA Days Sales Outstanding?

REC Silicon ASA's average Accounts Receivable for the three months ended in Mar. 2024 was $18.9 Mil. REC Silicon ASA's Revenue for the three months ended in Mar. 2024 was $42.1 Mil. Hence, REC Silicon ASA's Days Sales Outstanding for the three months ended in Mar. 2024 was 40.86.

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

RNWEY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.11 Med: 58.51 Max: 79.54
Current: 38.11

During the past 13 years, REC Silicon ASA's highest Days Sales Outstanding was 79.54. The lowest was 38.11. And the median was 58.51.

RNWEY's Days Sales Outstanding is ranked better than
78% of 982 companies
in the Semiconductors industry
Industry Median: 62.36 vs RNWEY: 38.11

REC Silicon ASA's Days Sales Outstanding declined from Mar. 2023 (49.70) to Mar. 2024 (40.86).

REC Silicon ASA Days Sales Outstanding Historical Data

The historical data trend for REC Silicon ASA'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.

* Premium members only.

REC Silicon ASA Days Sales Outstanding Chart

REC Silicon ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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60.49

64.87

54.80

48.90

50.18

REC Silicon ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															49.70	35.06	36.84	41.46	40.86

Competitive Comparison of REC Silicon ASA's Days Sales Outstanding

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.

REC Silicon ASA's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, REC Silicon ASA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where REC Silicon ASA's Days Sales Outstanding falls into.

REC Silicon ASA 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.

REC Silicon ASA'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
=	( (16.8	+	22)	/	2 )	/	141.1	*	365
=	19.4					/	141.1	*	365
=	50.18

REC Silicon ASA'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (22	+	15.7)	/	2 )	/	42.1	*	365 / 4
=	18.85					/	42.1	*	365 / 4
=	40.86

REC Silicon ASA (OTCPK:RNWEY) Days Sales Outstanding Explanation

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

REC Silicon ASA Days Sales Outstanding Related Terms

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REC Silicon ASA (REC Silicon ASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » REC Silicon ASA (OTCPK:RNWEY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RNWEF:USA RECo:Sweden RECSI:Norway R3Q:Germany

Address

Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324

Website

https://www.recsilicon.com

REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (REC Silicon ASA) Headlines

From GuruFocus

Q4 2023 REC Silicon ASA Earnings Call Transcript

By GuruFocus Research • 02-10-2024