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Wrap Technologies (Wrap Technologies) Days Sales Outstanding : 78.79 (As of Sep. 2023)


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What is Wrap Technologies Days Sales Outstanding?

Wrap Technologies's average Accounts Receivable for the three months ended in Sep. 2023 was $3.14 Mil. Wrap Technologies's Revenue for the three months ended in Sep. 2023 was $3.63 Mil. Hence, Wrap Technologies's Days Sales Outstanding for the three months ended in Sep. 2023 was 78.79.

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

WRAP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.11   Med: 95.6   Max: 151.66
Current: 99.74

During the past 7 years, Wrap Technologies's highest Days Sales Outstanding was 151.66. The lowest was 52.11. And the median was 95.60.

WRAP's Days Sales Outstanding is ranked worse than
70.53% of 2460 companies
in the Hardware industry
Industry Median: 74.48 vs WRAP: 99.74

Wrap Technologies's Days Sales Outstanding declined from Sep. 2022 (97.29) to Sep. 2023 (78.79).


Wrap Technologies Days Sales Outstanding Historical Data

The historical data trend for Wrap Technologies'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.

Wrap Technologies Days Sales Outstanding Chart

Wrap Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial 63.48 52.11 95.60 135.30 151.66

Wrap Technologies 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 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 97.29 64.29 255.46 117.67 78.79

Competitive Comparison of Wrap Technologies's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, Wrap Technologies'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.


Wrap Technologies's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Wrap Technologies's Days Sales Outstanding distribution charts can be found below:

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



Wrap Technologies 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.

Wrap Technologies'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
=( (3.859 + 2.83) / 2 ) / 8.049*365
=3.3445 / 8.049*365
=151.66

Wrap Technologies'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
=( (1.949 + 4.321) / 2 ) / 3.631*365 / 4
=3.135 / 3.631*365 / 4
=78.79

* 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.


Wrap Technologies  (NAS:WRAP) Days Sales Outstanding Explanation

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


Wrap Technologies Days Sales Outstanding Related Terms

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Wrap Technologies (Wrap Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1817 West 4th Street, Tempe, AZ, USA, 85281
Wrap Technologies Inc offers public safety technologies and services. The firm develops policing solutions to law enforcement and security personnel. Its BolaWRAP 150 Remote Restraint device is a patented, hand-held tool that discharges a Kevlar cord to restrain noncompliant individuals from a range of 10-25 feet. The group operates in the Americas, Europe, the Middle East, Africa, and the Asia Pacific.
Executives
Timothy Szymanski director C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Rajiv Srinivasan director C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Kevin W Mullins officer: PRESIDENT C/O WRAP TECHNOLOGIES, INC., 1817 W 4TH STREET, TEMPE AZ 85281
Christopher James Dealmeida officer: Chief Financial Officer 1817 W 4TH STREET, TEMPE AZ 85281
Elwood G Norris 10 percent owner 13771 DANIELSON STREET, STE. L, POWAY CA 92064
Bruce Bernstein director 780 THIRD AVENUE, 12TH FLOOR, NEW YORK NY 10017
Marc Savas director 8033 SUNSET BLVD., BOX 873, LOS ANGELES CA 90046
Tj Kennedy director 400 S 4TH ST, STE. 401-412, MINNEAPOLIS MN 55415
Scot Cohen director, officer: Executive Chairman, Secretary 20 EAST 20TH ST., APT. 6, NEW YORK NY 10003
Kevin Charles Sherman director 1730 BLAKE ST STE 305, DENVER CO 80202
Glenn M Hickman officer: CHIEF OPERATING OFFICER C/O WRAP TECHNOLOGIES, 1817 W 4TH STREET, TEMPE AZ 85281
Varner Leo William Jr. officer: INTERIM CEO 400 GALLERIA PKWY SE, SUITE 1760, ATLANTA GA 30339
James A Barnes director, officer: President and CFO 13771 DANIELSON STREET, STE. L, POWAY CA 92064
Thomas P Smith officer: PRESIDENT 7860 EAST MCCLAIN DRIVE SUITE E, SCOTTSDALE AZ 85260-1627
David G Norris director, officer: President C/O TREE.COM, INC., 11115 RUSHMORE DRIVE, CHARLOTTE NC 28277