Precision Optics (Precision Optics) Days Sales Outstanding : 76.09 (As of Dec. 2023)

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What is Precision Optics Days Sales Outstanding?

Precision Optics's average Accounts Receivable for the three months ended in Dec. 2023 was $4.02 Mil. Precision Optics's Revenue for the three months ended in Dec. 2023 was $4.82 Mil. Hence, Precision Optics's Days Sales Outstanding for the three months ended in Dec. 2023 was 76.09.

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

POCI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 40.49 Med: 57.33 Max: 79.45
Current: 77.4

During the past 13 years, Precision Optics's highest Days Sales Outstanding was 79.45. The lowest was 40.49. And the median was 57.33.

POCI's Days Sales Outstanding is ranked worse than
63.83% of 810 companies
in the Medical Devices & Instruments industry
Industry Median: 64.2 vs POCI: 77.40

Precision Optics's Days Sales Outstanding increased from Dec. 2022 (57.72) to Dec. 2023 (76.09).

Precision Optics Days Sales Outstanding Historical Data

The historical data trend for Precision 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.

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Precision Optics Days Sales Outstanding Chart

Precision Optics Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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79.45

67.06

57.44

52.88

56.99

Precision Optics 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															57.72	76.13	75.35	89.12	76.09

Competitive Comparison of Precision Optics's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Precision 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.

Precision Optics's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precision Optics's Days Sales Outstanding distribution charts can be found below:

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

Precision 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Precision Optics's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (2.664	+	3.907)	/	2 )	/	21.044	*	365
=	3.2855					/	21.044	*	365
=	56.99

Precision Optics'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
=	( (4.533	+	3.512)	/	2 )	/	4.824	*	365 / 4
=	4.0225					/	4.824	*	365 / 4
=	76.09

Precision Optics (NAS:POCI) Days Sales Outstanding Explanation

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

Precision Optics Days Sales Outstanding Related Terms

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Precision Optics (Precision Optics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Precision Optics Corp Inc (NAS:POCI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 East Broadway, Gardner, MA, USA, 01440

Website

https://www.poci.com

Precision Optics Corp Inc is engaged in designing, developing, and manufacturing advanced optical instruments. It manufactures medical products such as endoscopes and endocouplers which incorporate various optical technologies for use in a variety of minimally invasive surgical and diagnostic procedures. The company also produces endoscopes for various applications as well as designs and manufactures custom optical medical devices to satisfy customers' specific requirements. In addition, the company manufactures and sells components and assemblies specially designed for industrial and military use. The company earns the majority of its revenue from the United States.

Executives

Wayne M Coll	officer: Chief Financial Officer
Mahesh Lawande	officer: Chief Operating Officer	14 PUTNAM ROAD, ACTON MA 01720
Edward Kevin Dahill	officer: Interim CFO	137 HOLLOW TREE RIDGE ROAD, DARIEN CT 06820
Peter V. Anania	director, 10 percent owner	C/O PRECISION OPTICS CORPORATION, INC., 22 EAST BROADWAY, GARDNER MA 01440
Norman H Pessin	10 percent owner	C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin	10 percent owner	C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin	10 percent owner	310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Jeffrey Dirubio	officer: VP of Sales and Marketing	22 EAST BROADWAY, GARDNER MA 01440
Stuart Steinberg	10 percent owner	85 BELLEVUE AVENUE, RYE NY 10580
Daniel S Habhegger	officer: Chief Financial Officer	22 EAST BROADWAY, GARDNER MA 01440
Divaker Mangadu	officer: Pres., Ross Optical Division	22 EAST BROADWAY, GARDNER MA 01440
Hershey Strategic Capital, Lp	10 percent owner	C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Peter H Woodward	director	30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
Andrew J Miclow	director	C/O PRECISION OPTICS CORPORATION INC., 22 EAST BROADWAY, GARDNER MA 01440
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022