REE Automotive (REE Automotive) Days Sales Outstanding : 91.25 (As of Dec. 2023)

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What is REE Automotive Days Sales Outstanding?

REE Automotive's average Accounts Receivable for the three months ended in Dec. 2023 was $0.46 Mil. REE Automotive's Revenue for the three months ended in Dec. 2023 was $0.46 Mil. Hence, REE Automotive's Days Sales Outstanding for the three months ended in Dec. 2023 was 91.25.

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

REE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.74 Med: 103.28 Max: 3345.83
Current: 249.74

During the past 5 years, REE Automotive's highest Days Sales Outstanding was 3345.83. The lowest was 51.74. And the median was 103.28.

REE's Days Sales Outstanding is ranked worse than
97.32% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.635 vs REE: 249.74

REE Automotive's Days Sales Outstanding increased from Sep. 2022 (0.00) to Dec. 2023 (91.25).

REE Automotive Days Sales Outstanding Historical Data

The historical data trend for REE Automotive'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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REE Automotive Days Sales Outstanding Chart

REE Automotive Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

51.74

3,345.83

103.28

REE Automotive Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										-	-	-	-	91.25

Competitive Comparison of REE Automotive's Days Sales Outstanding

For the Recreational Vehicles subindustry, REE Automotive'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.

REE Automotive's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, REE Automotive's Days Sales Outstanding distribution charts can be found below:

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

REE Automotive 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.

REE Automotive'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
=	( (0	+	0.455)	/	1 )	/	1.608	*	365
=	0.455					/	1.608	*	365
=	103.28

REE Automotive'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
=	( (0	+	0.455)	/	1 )	/	0.455	*	365 / 4
=	0.455					/	0.455	*	365 / 4
=	91.25

REE Automotive (NAS:REE) Days Sales Outstanding Explanation

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

REE Automotive Days Sales Outstanding Related Terms

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REE Automotive (REE Automotive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » REE Automotive Ltd (NAS:REE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kibbutz Glil-Yam, Herzliya, ISR, 4690500

Website

https://www.ree.auto

REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.

Executives

David Weisburd	other: Member of Sponsor	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007
Hans Thomas	director	1 WORLD TRADE CENTER, FLOOR 85, NEW YORK NY 10007