Solar Innovation (WAR:SIN) Days Sales Outstanding : 437.12 (As of Sep. 2023)

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What is Solar Innovation Days Sales Outstanding?

Solar Innovation's average Accounts Receivable for the three months ended in Sep. 2023 was zł0.15 Mil. Solar Innovation's Revenue for the three months ended in Sep. 2023 was zł0.03 Mil. Hence, Solar Innovation's Days Sales Outstanding for the three months ended in Sep. 2023 was 437.12.

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

WAR:SIN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.22 Med: 51.34 Max: 89.1
Current: 51.37

During the past 13 years, Solar Innovation's highest Days Sales Outstanding was 89.10. The lowest was 25.22. And the median was 51.34.

WAR:SIN's Days Sales Outstanding is ranked worse than
66.49% of 1838 companies
in the Consumer Packaged Goods industry
Industry Median: 39.145 vs WAR:SIN: 51.37

Solar Innovation's Days Sales Outstanding increased from Sep. 2022 (0.00) to Sep. 2023 (437.12).

Warning Sign:

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

Solar Innovation Days Sales Outstanding Historical Data

The historical data trend for Solar Innovation'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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Solar Innovation Days Sales Outstanding Chart

Solar Innovation Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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50.18

52.50

25.22

71.53

89.10

Solar Innovation Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															-	30.76	98.32	476.47	437.12

Competitive Comparison of Solar Innovation's Days Sales Outstanding

For the Packaged Foods subindustry, Solar Innovation'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.

Solar Innovation's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Solar Innovation's Days Sales Outstanding distribution charts can be found below:

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

Solar Innovation 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.

Solar Innovation'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
=	( (2.192	+	1.295)	/	2 )	/	7.142	*	365
=	1.7435					/	7.142	*	365
=	89.10

Solar Innovation's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.294	+	0.003)	/	2 )	/	0.031	*	365 / 4
=	0.1485					/	0.031	*	365 / 4
=	437.12

Solar Innovation (WAR:SIN) Days Sales Outstanding Explanation

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

Solar Innovation Days Sales Outstanding Related Terms

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Solar Innovation (WAR:SIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Solar Innovation SA (WAR:SIN) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ulica Wadowicka 12, Krakow, POL, 30-415

Website

http://www.tableo.pl

Solar Innovation SA formerly Ciasteczka z Krakowa SA produces and markets food products in Poland. The company offers Shortbread cookies, Stuffed cookies, French cookies, Gingerbread cookies, Stuffed muffins, Chocolates and Translated wafers, among others.

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