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Accredited Solutions (Accredited Solutions) Days Sales Outstanding : 32.91 (As of Sep. 2023)


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What is Accredited Solutions Days Sales Outstanding?

Accredited Solutions's average Accounts Receivable for the three months ended in Sep. 2023 was $0.06 Mil. Accredited Solutions's Revenue for the three months ended in Sep. 2023 was $0.17 Mil. Hence, Accredited Solutions's Days Sales Outstanding for the three months ended in Sep. 2023 was 32.91.

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

ASII' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.39   Med: 21.47   Max: 38.54
Current: 22.23

During the past 13 years, Accredited Solutions's highest Days Sales Outstanding was 38.54. The lowest was 4.39. And the median was 21.47.

ASII's Days Sales Outstanding is ranked better than
87.27% of 110 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 43.05 vs ASII: 22.23

Accredited Solutions's Days Sales Outstanding increased from Sep. 2022 (6.39) to Sep. 2023 (32.91).


Accredited Solutions Days Sales Outstanding Historical Data

The historical data trend for Accredited Solutions'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.

Accredited Solutions Days Sales Outstanding Chart

Accredited Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.39 - 38.54

Accredited Solutions 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 6.39 20.15 21.94 12.74 32.91

Competitive Comparison of Accredited Solutions's Days Sales Outstanding

For the Beverages - Non-Alcoholic subindustry, Accredited Solutions'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.


Accredited Solutions's Days Sales Outstanding Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Accredited Solutions's Days Sales Outstanding distribution charts can be found below:

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



Accredited Solutions 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.

Accredited Solutions'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 + 0.051) / 1 ) / 0.483*365
=0.051 / 0.483*365
=38.54

Accredited Solutions'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
=( (0.038 + 0.081) / 2 ) / 0.165*365 / 4
=0.0595 / 0.165*365 / 4
=32.91

* 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.


Accredited Solutions  (OTCPK:ASII) Days Sales Outstanding Explanation

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


Accredited Solutions Days Sales Outstanding Related Terms

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Accredited Solutions (Accredited Solutions) Business Description

Traded in Other Exchanges
N/A
Address
20311 Chartwell Center Drive, Suite 1469, Cornelius, NC, USA, 28031
Accredited Solutions Inc formerly Good Hemp Inc is engaged in a hemp-derived CBD-infused line of consumer beverages sold under the Good Hemp brand. The company's current products include high-alkaline water products, hemp-based beverage products under the Good Hemp brand, and CBD softgels under the Good Hemp Wellness brand. Good Hemp products include two lines of hemp-based beverages. Good Hemp 2oh!, CANNA HEMP and CANNA are a line-up of refreshing, all-natural, good-for-you, ready-to-drink waters in six flavors: blueberry-blast, island coco-lime, kiwi-strawberry, lemon-twist, mango-fandango and Q-cumbermint. Good Hemp fizz is a line-up of carbonated refreshing, all-natural, good-for-you, ready-to-drink carbonated beverages in three flavors: blueberry-bam, mango-tango and citrus-twist.
Executives
Alessi William Rosario Jr director, officer: Chief Executive Officer 20311 CHARTWELL CENTER DR., STE. 1469, CORNELIUS NC 28031
Christopher Phillip Chumas director 7018 BROOKSTONE LANE, INDIAN LAND SC 29707
Daniel M. Ferris director, 10 percent owner, officer: President, Sec'y & Treasurer 98 REDCLIFFE GARDEN, FLAT 3, LONDON X0 SW109HH
John Graham Rhoden 10 percent owner 15 VICTORIAN CRESCENT, TOWN MOOR, SOUTH YORKSHIRE, DONCASTER X0 DN2 58P