GrowGeneration (GrowGeneration) Days Sales Outstanding : 15.91 (As of Dec. 2023)

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What is GrowGeneration Days Sales Outstanding?

GrowGeneration's average Accounts Receivable for the three months ended in Dec. 2023 was $8.6 Mil. GrowGeneration's Revenue for the three months ended in Dec. 2023 was $49.5 Mil. Hence, GrowGeneration's Days Sales Outstanding for the three months ended in Dec. 2023 was 15.91.

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

GRWG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 4.01 Med: 9.24 Max: 13.92
Current: 13.08

During the past 9 years, GrowGeneration's highest Days Sales Outstanding was 13.92. The lowest was 4.01. And the median was 9.24.

GRWG's Days Sales Outstanding is ranked better than
57.14% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.66 vs GRWG: 13.08

GrowGeneration's Days Sales Outstanding increased from Dec. 2022 (15.49) to Dec. 2023 (15.91).

GrowGeneration Days Sales Outstanding Historical Data

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

GrowGeneration Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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8.73

6.47

4.16

9.24

13.92

GrowGeneration 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															15.49	12.77	10.63	12.84	15.91

Competitive Comparison of GrowGeneration's Days Sales Outstanding

For the Specialty Retail subindustry, GrowGeneration'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.

GrowGeneration's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, GrowGeneration's Days Sales Outstanding distribution charts can be found below:

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

GrowGeneration 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.

GrowGeneration'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
=	( (8.336	+	8.895)	/	2 )	/	225.882	*	365
=	8.6155					/	225.882	*	365
=	13.92

GrowGeneration'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
=	( (8.351	+	8.895)	/	2 )	/	49.452	*	365 / 4
=	8.623					/	49.452	*	365 / 4
=	15.91

GrowGeneration (NAS:GRWG) Days Sales Outstanding Explanation

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

GrowGeneration Days Sales Outstanding Related Terms

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GrowGeneration (GrowGeneration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » GrowGeneration Corp (NAS:GRWG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GRWG:Mexico

Address

5619 DTC Parkway, Suite 900, Greenwood Village, CO, USA, 80111

Website

https://www.growgeneration.com

GrowGeneration Corp owns and operates specialty retail hydroponic and organic gardening stores. The firm is a marketer and distributor of nutrients, growing media, advanced indoor and greenhouse lighting, ventilation systems and accessories for hydroponic gardening. The Company has three reportable segments, including retail operations, e-commerce, and distribution and other.

Executives

Michael Salaman	director, officer: President	C/O GROWGENERATION CORP., 1000 WEST MISSISSIPPI AVENUE, DENVER CO 80223
Darren Lampert	director, officer: CEO	C/O GROWGENERATION CORP., 1000 WEST MISSISSIPPI AVENUE, DENVER CO 80233
Gregory Kevin Sanders	officer: Chief Financial Officer	8770 ZIRCON WAY, ARVANDA CO 80007
Dennis Sheldon	officer: See Remarks	C/O GROWGENERATION CORP., 5619 DTC PARKWAY, SUITE 900, GREENWOOD VILLAGE CO 80111
Stephen Kozey	officer: Secretary and VP of Legal	C/O GROWGENERATION CORP., 5619 DTC PARKWAY, SUITE 900, GREENWOOD VILLAGE CO 80111
Eula L Adams	director	9194 E. VASSAR AVE., DENVER CO 80231
Paul Rutenis	officer: Chief Merchandise Officer	500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Stephen Aiello	director	112 OAK AVE, KENTFIELD CA 94904-1561
Sean Stiefel	director	28 REICHERT CIRCLE, WESTPORT CT 06880
Tony Sullivan	officer: COO	8353 ARAPAHOE PEAK STREET, LITTLETON CO 80125
Jeff Lasher	officer: CFO	500 WESTRIDGE DRIVE, WATSONVILLE CA 95076
Monty R Lamirato	officer: CFO
Merida Capital Partners, Lp	10 percent owner	641 LEXINGTON AVENUE, 18TH FLOOR, NEW YORK NY 10022
Gotham Green Partners Llc	10 percent owner	1437 4TH STREET, SANTA MONICA CA 90401
Mitchell Baruchowitz	10 percent owner	C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022