Sugarmade (Sugarmade) Days Sales Outstanding : 18.56 (As of Dec. 2022)

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What is Sugarmade Days Sales Outstanding?

Sugarmade's average Accounts Receivable for the three months ended in Dec. 2022 was $0.10 Mil. Sugarmade's Revenue for the three months ended in Dec. 2022 was $0.50 Mil. Hence, Sugarmade's Days Sales Outstanding for the three months ended in Dec. 2022 was 18.56.

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

SGMD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.73 Med: 16.4 Max: 136.23
Current: 6.53

During the past 13 years, Sugarmade's highest Days Sales Outstanding was 136.23. The lowest was 3.73. And the median was 16.40.

SGMD's Days Sales Outstanding is ranked better than
98.25% of 286 companies
in the Forest Products industry
Industry Median: 54.445 vs SGMD: 6.53

Sugarmade's Days Sales Outstanding declined from Dec. 2021 (115.54) to Dec. 2022 (18.56).

Sugarmade Days Sales Outstanding Historical Data

The historical data trend for Sugarmade'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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Sugarmade Days Sales Outstanding Chart

Sugarmade Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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26.44

14.77

26.19

18.03

3.73

Sugarmade Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															48.32	30.37	7.84	18.56	-

Competitive Comparison of Sugarmade's Days Sales Outstanding

For the Paper & Paper Products subindustry, Sugarmade'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.

Sugarmade's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Sugarmade's Days Sales Outstanding distribution charts can be found below:

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

Sugarmade 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.

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

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.03	+	0.019)	/	2 )	/	2.397	*	365
=	0.0245					/	2.397	*	365
=	3.73

Sugarmade's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding (Q: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.092	+	0.111)	/	2 )	/	0.499	*	365 / 4
=	0.1015					/	0.499	*	365 / 4
=	18.56

Sugarmade (OTCPK:SGMD) Days Sales Outstanding Explanation

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

Sugarmade Days Sales Outstanding Related Terms

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Sugarmade (Sugarmade) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Sugarmade Inc (OTCPK:SGMD) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

20529 East Walnut Drive North, Walnut, CA, USA, 91789

Website

https://www.sugarmade.com

Sugarmade Inc is engaged in the marketing and distribution of environmentally friendly non-tree-based paper products. It offers products such as double poly paper cups for cold beverages; disposable, clear, plastic cold cups, paper coffee cups, yogurt cups, ice cream cups, cup lids, cup sleeves, food containers, soup containers, plastic spoons, and many other similar products for this market sector. The company operates under through Carry Out Supplies Subsidiary brand. In addition, it is also involved in the manufacturing and distribution of products and technologies that support the legal cultivation and processing of cannabis and other agricultural products.

Executives

Khoi Dang	director	17785 CENTER COURT DRIVE, SUITE 750, CERRITOS CA 90703
Chenlong Tan	director, 10 percent owner, other: Investor	2399 BATEMAN AVE., IRWINDALE CA 91010
Allan James Huang	10 percent owner, other: INVESTOR	750 ROYAL OAKS DR., #108, MONROVIA CA 91016
Jimmy Chan	director, 10 percent owner, officer: CEO and Director	167 N. SUNSET AVE., CITY OF INDUSTRY CA 91744
Er Wang	director	949 S. HOPE ST., APT. 201, LOS ANGELES CA 90015
Waylon Huang	director	1510 JELLICK AVE., ROWLAND HEIGHTS CA 91748
Kevin M Kearney	director	2051 COFFEE LANE, SABASTOPOL CA 95472
Stephan Pinto	director	3000 DANVILLE BLVD F421, ALAMO CA 94507
Edward Roffman	director	2330 MARINSHIP WAY #300, SAUSALITO CA 94965
Sanford Salzberg	director	C/O SUGARMADE, INC., 2280 LINCOLN AVENUE, SUITE 200, SAN JOSE CA 95125
C James Jensen	director	C/O ASPEN GROUP, INC., 276 FIFTH AVENUE, SUITE 505, NEW YORK NY 10001
Leung Clifton Kuok Wai	director, 10 percent owner	C/O SUGARMADE, INC., 2280 LINCOLN AVE, #200, SAN JOSE CA 95125
Diversified Opportunities, Inc.	10 percent owner	750 ROYAL OAKS DR. STE. 108, MONROVIA CA 91016
Jonathan Shultz	other: 10% owner until 5/9/2011	6440 LUSK BOULEVARD, SUITE 200, SAN DIEGO CA 92121
Scott Lantz	director, 10 percent owner, officer: CEO	C/O SUGARMADE, INC., 2280 LINCOLN AVE, #200, SAN JOSE CA 95125