Inrad Optics's average Accounts Receivable for the
three
months ended in Dec. 2023 was $1.81 Mil. Inrad Optics's Revenue for the
three
months ended in Dec. 2023 was $2.97 Mil.
Hence, Inrad Optics's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 55.65.
The historical rank and industry rank for Inrad Optics's Days Sales Outstanding or its related term are showing as below:
INRD'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.95 Med: 42.58 Max: 47.78
Current: 47.78
During the past 13 years, Inrad Optics's highest Days Sales Outstanding was 47.78. The lowest was 33.95. And the median was 42.58.
INRD's Days Sales Outstanding is ranked better than 80.32% of 2459
companies
in the Hardware industry
Industry Median: 74.52
vs INRD: 47.78
Inrad Optics's Days Sales Outstanding
increased
from Dec. 2022 (39.93) to Dec. 2023 (55.65).
Inrad Optics Days Sales Outstanding Historical Data
The historical data trend for Inrad Optics'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.
Competitive Comparison of Inrad Optics's Days Sales Outstanding
For the Electronic Components subindustry, Inrad Optics'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.
Inrad Optics's Days Sales Outstanding Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Inrad Optics's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Inrad Optics's Days Sales Outstanding falls into.
Inrad Optics 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.
* 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.
Inrad Optics (OTCPK:INRD) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Inrad Optics Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Inrad Optics's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Inrad Optics Inc develops, manufactures and markets products and services for use in photonics industry sectors. It is a vertically integrated manufacturer focusing on crystal-based optical components and devices, custom optical components from both glass and metal, and precision optical and optomechanical assemblies. Its product categories include Optical Components and Laser System Devices/Instrumentation. The company's customers include corporations in the defense, aerospace, laser systems, process control, and metrology sectors of the photonics industry, as well as the United States Government, National Laboratories and universities around the world.
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