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Mission Ready Solutions (Mission Ready Solutions) Days Sales Outstanding : 49.78 (As of Mar. 2023)


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What is Mission Ready Solutions Days Sales Outstanding?

Mission Ready Solutions's average Accounts Receivable for the three months ended in Mar. 2023 was $0.39 Mil. Mission Ready Solutions's Revenue for the three months ended in Mar. 2023 was $0.71 Mil. Hence, Mission Ready Solutions's Days Sales Outstanding for the three months ended in Mar. 2023 was 49.78.

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

MSNVF's Days Sales Outstanding is not ranked *
in the Aerospace & Defense industry.
Industry Median: 63.21
* Ranked among companies with meaningful Days Sales Outstanding only.

Mission Ready Solutions's Days Sales Outstanding declined from Mar. 2022 (168.45) to Mar. 2023 (49.78).

Mission Ready Solutions Days Sales Outstanding Historical Data

The historical data trend for Mission Ready 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.

* Premium members only.

Mission Ready Solutions Days Sales Outstanding Chart

Mission Ready Solutions Annual Data
Trend Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 62.85 34.10 17.33 18.18 118.30

Mission Ready Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 168.45 38.01 29.45 35.30 49.78

Competitive Comparison of Mission Ready Solutions's Days Sales Outstanding

For the Aerospace & Defense subindustry, Mission Ready 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.

Mission Ready Solutions's Days Sales Outstanding Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mission Ready Solutions's Days Sales Outstanding distribution charts can be found below:

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


Mission Ready 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.

Mission Ready Solutions'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
=( (2.073 + 0.562) / 2 ) / 4.065*365
=1.3175 / 4.065*365
=118.30

Mission Ready Solutions's Days Sales Outstanding for the quarter that ended in Mar. 2023 is calculated as:

Days Sales Outstanding (Q: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (0.562 + 0.216) / 2 ) / 0.713*365 / 4
=0.389 / 0.713*365 / 4
=49.78

* 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.

Mission Ready Solutions  (OTCPK:MSNVF) Days Sales Outstanding Explanation

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

Mission Ready Solutions Days Sales Outstanding Related Terms

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Mission Ready Solutions (Mission Ready Solutions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mission Ready Solutions Inc (OTCPK:MSNVF) » Definitions » Days Sales Outstanding
Comparable Companies
BANT RNWR HWKE RTX LMT BA XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760 SHSE:600150 XPAR:AM
Traded in Other Exchanges
N/A
Address
1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Website
https://www.mrscorp.com
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, the military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.