Right On Brands (Right On Brands) Days Sales Outstanding : 4.94 (As of Dec. 2023)

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What is Right On Brands Days Sales Outstanding?

Right On Brands's average Accounts Receivable for the three months ended in Dec. 2023 was $0.02 Mil. Right On Brands's Revenue for the three months ended in Dec. 2023 was $0.34 Mil. Hence, Right On Brands's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.94.

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

RTON' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.64 Med: 19.25 Max: 121.67
Current: 4.48

During the past 11 years, Right On Brands's highest Days Sales Outstanding was 121.67. The lowest was 0.64. And the median was 19.25.

RTON's Days Sales Outstanding is ranked better than
95.93% of 1843 companies
in the Consumer Packaged Goods industry
Industry Median: 39.27 vs RTON: 4.48

Right On Brands's Days Sales Outstanding increased from Dec. 2022 (0.00) to Dec. 2023 (4.94).

Right On Brands Days Sales Outstanding Historical Data

The historical data trend for Right On Brands'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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Right On Brands Days Sales Outstanding Chart

Right On Brands Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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19.25

17.20

32.76

0.64

Right On Brands 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															-	0.56	3.60	7.49	4.94

Competitive Comparison of Right On Brands's Days Sales Outstanding

For the Packaged Foods subindustry, Right On Brands'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.

Right On Brands's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Right On Brands's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Right On Brands's Days Sales Outstanding falls into.

Right On Brands 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.

Right On Brands'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
=	( (0	+	0.002)	/	1 )	/	1.136	*	365
=	0.002					/	1.136	*	365
=	0.64

Right On Brands'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
=	( (0.024	+	0.013)	/	2 )	/	0.342	*	365 / 4
=	0.0185					/	0.342	*	365 / 4
=	4.94

Right On Brands (OTCPK:RTON) Days Sales Outstanding Explanation

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

Right On Brands Days Sales Outstanding Related Terms

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Right On Brands (Right On Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Right On Brands Inc (OTCPK:RTON) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

6501 Dalrock Road, Suite 100, Rowlett, TX, USA, 75089

Website

https://www.rightonbrands.com

Right On Brands Inc is a Texas based consumer goods company which provides traditional, plus natural health and wellness information services through an interactive website. The company business is conducted through wholly-owned subsidiaries, Humbly Hemp, Endo Brands, and Humble Water Company. Humbly Hemp sells and markets a line of hemp enhanced snack foods. Humble Water Company is in a partnership with Springhill Water Co. to develop a line of High Alkaline, Natural Mineral Water, and a bottling and packaging facility. The company has two operating segments: ENDO Brands and Humbly Hemp. ENDO Brands develops hemp oil-infused products which are engineered to deliver optimal bioavailability and nutrients to the body and Humbly Hemp develops a line of hemp based bars and drinks.

Executives

Daniel J Crawford

director, 10 percent owner, officer: President, CEO, CFO, Director

2667 32ND STREET, SUITE B, SANTA MONICA CA 90405