Current Water Technologies (TSXV:WATR) Days Sales Outstanding : 22.07 (As of Sep. 2023)

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What is Current Water Technologies Days Sales Outstanding?

Current Water Technologies's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.37 Mil. Current Water Technologies's Revenue for the three months ended in Sep. 2023 was C$1.55 Mil. Hence, Current Water Technologies's Days Sales Outstanding for the three months ended in Sep. 2023 was 22.07.

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

TSXV:WATR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.23 Med: 29.73 Max: 73.3
Current: 35.45

During the past 13 years, Current Water Technologies's highest Days Sales Outstanding was 73.30. The lowest was 10.23. And the median was 29.73.

TSXV:WATR's Days Sales Outstanding is ranked better than
92.06% of 2958 companies
in the Industrial Products industry
Industry Median: 79.24 vs TSXV:WATR: 35.45

Current Water Technologies's Days Sales Outstanding increased from Sep. 2022 (22.01) to Sep. 2023 (22.07).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Current Water Technologies Days Sales Outstanding Historical Data

The historical data trend for Current Water 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.

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Current Water Technologies Days Sales Outstanding Chart

Current Water Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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14.76

17.38

18.35

25.48

10.23

Current Water 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															22.01	1,433.04	8.29	33.36	22.07

Competitive Comparison of Current Water Technologies's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Current Water 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.

Current Water Technologies's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Current Water Technologies's Days Sales Outstanding distribution charts can be found below:

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

Current Water 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.

Current Water 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
=	( (0.084	+	0.037)	/	2 )	/	2.158	*	365
=	0.0605					/	2.158	*	365
=	10.23

Current Water 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
=	( (0.361	+	0.387)	/	2 )	/	1.546	*	365 / 4
=	0.374					/	1.546	*	365 / 4
=	22.07

Current Water Technologies (TSXV:WATR) Days Sales Outstanding Explanation

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

Current Water Technologies Days Sales Outstanding Related Terms

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Current Water Technologies (TSXV:WATR) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Current Water Technologies Inc (TSXV:WATR) » Definitions » Days Sales Outstanding

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ENPRF:USA

Address

70 Southgate Drive, Unit 4, Guelph, ON, CAN, N1G 4P5

Website

https://www.currentwatertechnologies.com

Current Water Technologies Inc is engaged in the development of environmental technologies. The company offers advanced technology for the treatment of industrial and municipal wastewater and drinking water resources. It offers technology such as electro-static deionization and the treatment of total ammonia (AmmEL). Electro-static deionization is a capacitive deionization technology for the removal of total dissolved solids, whereas AmmEL is an ammonia removal technology to treat ammonia contaminated water. It operates through the following segments: The current Water segment and the Pumptronics segment. The firm generates the majority of revenue from the Pumptronics segment which develops hydraulic fluid systems to move water and other liquids.

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