Cemtrex (Cemtrex) Days Sales Outstanding : 58.81 (As of Dec. 2023)

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What is Cemtrex Days Sales Outstanding?

Cemtrex's average Accounts Receivable for the three months ended in Dec. 2023 was $10.88 Mil. Cemtrex's Revenue for the three months ended in Dec. 2023 was $16.88 Mil. Hence, Cemtrex's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.81.

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

CETX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.92 Med: 51.78 Max: 237.04
Current: 50.93

During the past 13 years, Cemtrex's highest Days Sales Outstanding was 237.04. The lowest was 17.92. And the median was 51.78.

CETX's Days Sales Outstanding is ranked better than
63.41% of 2725 companies
in the Software industry
Industry Median: 61.83 vs CETX: 50.93

Cemtrex's Days Sales Outstanding increased from Dec. 2022 (48.48) to Dec. 2023 (58.81).

Cemtrex Days Sales Outstanding Historical Data

The historical data trend for Cemtrex'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.

Cemtrex Days Sales Outstanding Chart

Cemtrex Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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94.84

55.13

67.64

59.57

48.42

Cemtrex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															48.48	42.58	48.83	50.69	58.81

Competitive Comparison of Cemtrex's Days Sales Outstanding

For the Software - Infrastructure subindustry, Cemtrex'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.

Cemtrex's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Cemtrex's Days Sales Outstanding distribution charts can be found below:

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

Cemtrex 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.

Cemtrex's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (5.399	+	10.353)	/	2 )	/	59.369	*	365
=	7.876					/	59.369	*	365
=	48.42

Cemtrex's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (10.353	+	11.401)	/	2 )	/	16.878	*	365 / 4
=	10.877					/	16.878	*	365 / 4
=	58.81

Cemtrex (NAS:CETX) Days Sales Outstanding Explanation

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

Cemtrex Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Cemtrex's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Cemtrex (Cemtrex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cemtrex Inc (NAS:CETX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CETXP.PFD:USA C42:Germany

Address

135 Fell Ct. Hauppaug, New York, NY, USA, 11222

Website

https://www.cemtrex.com

Cemtrex Inc is a multi-industry technology company. It has expanded in a range of sectors, including smart technologies, virtual and augmented realities, industrial solutions, and intelligent security system. The company's operating segment includes the Security segment, Industrial Services segment and the Corporate segment. It generates maximum revenue from the Security segment. It geographically operates in USA, UK and India wherein maximum revenue is generated in USA.

Executives

Saagar Govil	director, officer: Secretary and Director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Renato Dela Rama	officer: VP of Finance /CFO	19 ENGINEERS LANE, FARMINGDALE NY 11735
Shamik Shah	director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Ducon Technologies, Inc.	other: See remarks	19 ENGINEERS LANE, FARMINGDALE NY 11735
Sunny Patel	director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Metodi Filipov	director, officer: Vice President Operations	19 ENGINEERS LANE, FARMINGDALE NY 11735
Arun Govil	director, officer: See Remarks	19 ENGINEERS LANE, FARMINGDALE NY 11735
Rama Rehato Dela	director, officer: Vice President and Director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Ravi Narayan	director, officer: VICE PRESIDENT AND DIRECTOR	19 ENGINEERS LANE, FARMINGDALE NY 11735