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ClearOne (ClearOne) Days Sales Outstanding : 78.56 (As of Dec. 2023)


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What is ClearOne Days Sales Outstanding?

ClearOne's average Accounts Receivable for the three months ended in Dec. 2023 was $3.58 Mil. ClearOne's Revenue for the three months ended in Dec. 2023 was $4.15 Mil. Hence, ClearOne's Days Sales Outstanding for the three months ended in Dec. 2023 was 78.56.

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

CLRO' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.76   Med: 65.39   Max: 94.48
Current: 72.32

During the past 13 years, ClearOne's highest Days Sales Outstanding was 94.48. The lowest was 58.76. And the median was 65.39.

CLRO's Days Sales Outstanding is ranked better than
52.17% of 2461 companies
in the Hardware industry
Industry Median: 74.33 vs CLRO: 72.32

ClearOne's Days Sales Outstanding declined from Dec. 2022 (87.66) to Dec. 2023 (78.56).


ClearOne Days Sales Outstanding Historical Data

The historical data trend for ClearOne'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.

ClearOne Days Sales Outstanding Chart

ClearOne 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 89.28 66.94 64.17 62.23 67.15

ClearOne 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 87.66 78.01 64.68 75.65 78.56

Competitive Comparison of ClearOne's Days Sales Outstanding

For the Communication Equipment subindustry, ClearOne'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.


ClearOne's Days Sales Outstanding Distribution in the Hardware Industry

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

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



ClearOne 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.

ClearOne'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
=( (3.603 + 3.279) / 2 ) / 18.704*365
=3.441 / 18.704*365
=67.15

ClearOne'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
=( (3.874 + 3.279) / 2 ) / 4.154*365 / 4
=3.5765 / 4.154*365 / 4
=78.56

* 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.


ClearOne  (NAS:CLRO) Days Sales Outstanding Explanation

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


ClearOne Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of ClearOne's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


ClearOne (ClearOne) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5225 Wiley Post Way, Suite 500, Salt Lake City, UT, USA, 84116
ClearOne Inc is a communications solutions company, which is engaged in designing, developing, and selling conferencing, collaboration, streaming, and digital signage solutions for audio, video, and visual communication. It sells its commercial products to end-users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators, and other resellers. Its products include professional audio, network media streaming, and professional microphones. Geographically the firm has its business presence across the US and international market.
Executives
Edward D Bagley director, 10 percent owner 2350 OAK HILL LANE, SALT LAKE CITY UT 84121
Larry Hendricks director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Derek Graham officer: Interim CEO C/O CLEARONE, INC., 5225 WILEY POST WAY, STE. 500, SALT LAKE CITY UT 84116
Clearone, Inc. officer: Interim CEO 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Zeynep Hakimoglu officer: VP of Product Management 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Bruce Whaley director C/O CLEARONE, EDGEWATER CORPORATE PARK, S. TOWER, 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Narasimhan Narayanan officer: VP FINANCE 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Lisa Higley director C/O CLEARONE INC., 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
E Bryan Bagley 10 percent owner 1470 ARLINGTON DR, SALT LAKE CITY UT 84103
Scott Huntsman director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Brad Baldwin director 3607 APPLEMILL COVE, SALT LAKE CITY UT 84109
Eric L Robinson director 551 EAST INDIAN SPRINGS ROAD, BOUNTIFUL UT 84010
Michael J Braithwaite officer: SVP 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Joseph Paul Sorrentino officer: EXEC VP OF SALES 1825 RESEARCH WAY, SALT LAKE CITY UT 84119
Mark Allen Fletcher officer: VP OF WORLDWIDE SALES 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116