Plaintree Systems (Plaintree Systems) Days Sales Outstanding : 48.06 (As of Dec. 2023)

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What is Plaintree Systems Days Sales Outstanding?

Plaintree Systems's average Accounts Receivable for the three months ended in Dec. 2023 was $1.91 Mil. Plaintree Systems's Revenue for the three months ended in Dec. 2023 was $3.62 Mil. Hence, Plaintree Systems's Days Sales Outstanding for the three months ended in Dec. 2023 was 48.06.

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

PTEEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 33.19 Med: 62.1 Max: 94.01
Current: 45.77

During the past 13 years, Plaintree Systems's highest Days Sales Outstanding was 94.01. The lowest was 33.19. And the median was 62.10.

PTEEF's Days Sales Outstanding is ranked better than
67.07% of 495 companies
in the Conglomerates industry
Industry Median: 61.07 vs PTEEF: 45.77

Plaintree Systems's Days Sales Outstanding increased from Dec. 2022 (47.91) to Dec. 2023 (48.06).

Plaintree Systems Days Sales Outstanding Historical Data

The historical data trend for Plaintree Systems'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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Plaintree Systems Days Sales Outstanding Chart

Plaintree Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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66.19

66.42

55.83

56.64

51.15

Plaintree Systems 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															47.91	81.13	27.69	39.06	48.06

Competitive Comparison of Plaintree Systems's Days Sales Outstanding

For the Conglomerates subindustry, Plaintree Systems'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.

Plaintree Systems's Days Sales Outstanding Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Plaintree Systems's Days Sales Outstanding distribution charts can be found below:

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

Plaintree Systems 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.

Plaintree Systems's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (2.201	+	1.884)	/	2 )	/	14.575	*	365
=	2.0425					/	14.575	*	365
=	51.15

Plaintree Systems'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
=	( (1.619	+	2.194)	/	2 )	/	3.62	*	365 / 4
=	1.9065					/	3.62	*	365 / 4
=	48.06

Plaintree Systems (OTCPK:PTEEF) Days Sales Outstanding Explanation

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

Plaintree Systems Days Sales Outstanding Related Terms

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Plaintree Systems (Plaintree Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Plaintree Systems Inc (OTCPK:PTEEF) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

NPT:Canada

Address

10 Didak Drive, Arnprior, ON, CAN, K7S 0C3

Website

http://www.plaintree.com

Plaintree Systems Inc. is a diversified company with proprietary technology and manufacturing capabilities in structural design, aerospace, and telecommunications. The company's operating segment includes Electronics and Specialty Structures. It generates maximum revenue from the Specialty Structures segment. Geographically, it derives a majority of revenue from the United States.