Spire (SPIR) Days Sales Outstanding : 36.67 (As of Sep. 2014)

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What is Spire Days Sales Outstanding?

Spire's average Accounts Receivable for the three months ended in Sep. 2014 was $1.50 Mil. Spire's Revenue for the three months ended in Sep. 2014 was $3.74 Mil. Hence, Spire's Days Sales Outstanding for the three months ended in Sep. 2014 was 36.67.

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

SPIR's Days Sales Outstanding is not ranked ^*
in the Semiconductors industry.
Industry Median: 62.44
* Ranked among companies with meaningful Days Sales Outstanding only.

Spire's Days Sales Outstanding increased from Sep. 2013 (30.93) to Sep. 2014 (36.67).

Spire Days Sales Outstanding Historical Data

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

Spire Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Sales Outstanding

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36.54

30.20

33.52

46.23

44.45

Spire Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14
Days Sales Outstanding	Get a 7-Day Free Trial															30.93	35.05	35.32	36.78	36.67

Competitive Comparison of Spire's Days Sales Outstanding

For the Solar subindustry, Spire'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.

Spire's Days Sales Outstanding Distribution in the Semiconductors Industry

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

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

Spire 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.

Spire's Days Sales Outstanding for the fiscal year that ended in Dec. 2013 is calculated as

	Days Sales Outstanding (A: Dec. 2013 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2012 )	+	Accounts Receivable (A: Dec. 2013 ))	/	count )	/	Revenue (A: Dec. 2013 )	*	Days in Period
=	( (2.137	+	1.414)	/	2 )	/	14.581	*	365
=	1.7755					/	14.581	*	365
=	44.45

Spire's Days Sales Outstanding for the quarter that ended in Sep. 2014 is calculated as:

	Days Sales Outstanding (Q: Sep. 2014 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2014 )	+	Accounts Receivable (A: Sep. 2014 ))	/	count )	/	Revenue (A: Sep. 2014 )	*	Days in Period
=	( (1.351	+	1.656)	/	2 )	/	3.741	*	365 / 4
=	1.5035					/	3.741	*	365 / 4
=	36.67

Spire (OTCPK:SPIR) Days Sales Outstanding Explanation

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

Spire Days Sales Outstanding Related Terms

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Spire (SPIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Spire Corp (OTCPK:SPIR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Patriots Park, Bedford, MA, USA, 01730-2396

Website

http://www.spirecorp.com

Spire Corp and its subsidiaries develop, manufacture and market engineered products and services. The company operates in two business areas namely capital equipment for the photovoltaic solar industry and biomedical. Its photovoltaic solar area produces, assembles and sells specialized equipment for the production of terrestrial photovoltaic modules from solar cells. The biomedical area provides surface treatments to the manufacturers of orthopedic and other medical devices. Additionally, the company provides training and assistance with module certification and solar factory management services. Further, it offers its products geographically across countries like the United States, Asia, Europe and Africa, and internationally.

Executives

David Gelbaum	10 percent owner, other: Co-Trustee	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Monica Chavez Gelbaum	10 percent owner, other: Co-Trustee	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Quercus Trust	10 percent owner	2309 SANTIAGO DRIVE, NEWPORT BEACH CA 92660
Richard Thomley	officer: CAO and Corporate Controller	C/O PRESSURE BIOSCIENCES, INC., 14 NORFOLK AVE., SOUTH EASTON MA 02375
James F Parslow	officer: Chief Financial Officer	C/O XENETIC BIOSCIENCES, INC., 99 HAYDEN AVENUE, SUITE 230, LEXINGTON MA 02421