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Charlies Holdings (Charlies Holdings) Days Sales Outstanding : 6.40 (As of Dec. 2023)


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What is Charlies Holdings Days Sales Outstanding?

Charlies Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $0.39 Mil. Charlies Holdings's Revenue for the three months ended in Dec. 2023 was $5.54 Mil. Hence, Charlies Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.40.

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

CHUC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.25   Med: 21.24   Max: 168.68
Current: 14.09

During the past 13 years, Charlies Holdings's highest Days Sales Outstanding was 168.68. The lowest was 5.25. And the median was 21.24.

CHUC's Days Sales Outstanding is ranked better than
75% of 52 companies
in the Tobacco Products industry
Industry Median: 33.05 vs CHUC: 14.09

Charlies Holdings's Days Sales Outstanding declined from Dec. 2022 (27.83) to Dec. 2023 (6.40).


Charlies Holdings Days Sales Outstanding Historical Data

The historical data trend for Charlies Holdings'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.

Charlies Holdings Days Sales Outstanding Chart

Charlies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.38 23.79 22.29 17.47 16.28

Charlies Holdings 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 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 27.83 20.79 13.76 17.05 6.40

Competitive Comparison of Charlies Holdings's Days Sales Outstanding

For the Tobacco subindustry, Charlies Holdings'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.


Charlies Holdings's Days Sales Outstanding Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Charlies Holdings's Days Sales Outstanding distribution charts can be found below:

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



Charlies Holdings 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.

Charlies Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1.161 + 0.289) / 2 ) / 16.25*365
=0.725 / 16.25*365
=16.28

Charlies Holdings'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
=( (0.489 + 0.289) / 2 ) / 5.544*365 / 4
=0.389 / 5.544*365 / 4
=6.40

* 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.


Charlies Holdings  (OTCPK:CHUC) Days Sales Outstanding Explanation

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


Charlies Holdings Days Sales Outstanding Related Terms

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Charlies Holdings (Charlies Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1007 Brioso Drive, Cosa Mesa, CA, USA, 92627
Charlies Holdings Inc is engaged in the formulation, marketing, and distribution of e-cigarette liquid which is used in both open and closed consumer e-cigarette and vaping systems. In addition, the firm engages in the production of premium vapor, tincture and topical products containing hemp-derived cannabidiol. Geographically, it derives a majority of its revenue from the United States.
Executives
Edward Carmines director C/O CHARLIE'S HOLDINGS, INC., 1007 BRIOSO DRIVE, COSTA MESA CA 92627
Michael D King director 1007 BRIOSO DR., COSTA MESA CA 92627
Henry Iii Sicignano officer: PRESIDENT 8201 MAIN STREET, SUITE 6, WILLIAMSVILLE NY 14221
Matthew P Montesano officer: Chief Financial Officer C/O CHARLIE'S HOLDINGS, INC., 1007 BRIOSO DRIVE, COSTA MESA CA 92627
Keith Stump director C/O CHARLIE'S HOLDINGS, INC., 1007 BRIOSO DRIVE, COSTA MESA CA 92627
Jeffrey G Fox director 1007 BRIOSO DRIVE, COSTA MESA CA 92627
Adam Mirkovich officer: Chief Information Officer C/O TRUE DRINKS HOLDINGS, INC., 1007 BRIOSO DR, COSTA MESA CA 92627
Mitchell Iii Brantley officer: Chief Marketing Officer C/O TRUE DRINKS HOLDINGS, INC., 1007 BRIOSO DR, COSTA MESA CA 92627
David R Allen officer: CFO and Secretary C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Brandon Stump director, officer: CHIEF EXECUTIVE OFFICER C/O TRUE DRINKS HOLDINGS, INC., 2 PARK PLAZA SUITE 1200, IRVINE CA 92614
Ryan Stump director, officer: Chief Operating Officer C/O TRUE DRINKS HOLDINGS, INC., 2 PARK PLAZA SUITE 1200, IRVINE CA 92614
James J Greco director 18662 MACARTHUR BLVD., #110, IRVIN CA 91612
Scot Cohen director 20 EAST 20TH ST., APT. 6, NEW YORK NY 10003
Boerum Robert Van officer: CHIEF OPERATIONS OFFICER 18552 MACARTHUR BLVD., SUITE 325, IRVINE CA 92612
Ramona L Cappello director 4600 SLEEPYTIME DR, BOULDER CO 80301

Charlies Holdings (Charlies Holdings) Headlines