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Sacks Parente Golf (Sacks Parente Golf) Days Sales Outstanding : 10.82 (As of Mar. 2024)


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What is Sacks Parente Golf Days Sales Outstanding?

Sacks Parente Golf's average Accounts Receivable for the three months ended in Mar. 2024 was $0.04 Mil. Sacks Parente Golf's Revenue for the three months ended in Mar. 2024 was $0.35 Mil. Hence, Sacks Parente Golf's Days Sales Outstanding for the three months ended in Mar. 2024 was 10.82.

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

SPGC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.01   Med: 11.72   Max: 28.76
Current: 15.58

During the past 4 years, Sacks Parente Golf's highest Days Sales Outstanding was 28.76. The lowest was 2.01. And the median was 11.72.

SPGC's Days Sales Outstanding is ranked better than
69.24% of 803 companies
in the Travel & Leisure industry
Industry Median: 28.69 vs SPGC: 15.58

Sacks Parente Golf's Days Sales Outstanding declined from Mar. 2023 (11.66) to Mar. 2024 (10.82).


Sacks Parente Golf Days Sales Outstanding Historical Data

The historical data trend for Sacks Parente Golf'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.

* Premium members only.

Sacks Parente Golf Days Sales Outstanding Chart

Sacks Parente Golf Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
2.01 10.95 12.49 28.76

Sacks Parente Golf Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.66 28.15 12.49 27.69 10.82

Competitive Comparison of Sacks Parente Golf's Days Sales Outstanding

For the Leisure subindustry, Sacks Parente Golf'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.


Sacks Parente Golf's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sacks Parente Golf's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Sacks Parente Golf's Days Sales Outstanding falls into.



Sacks Parente Golf 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.

Sacks Parente Golf'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
=( (0.002 + 0.053) / 2 ) / 0.349*365
=0.0275 / 0.349*365
=28.76

Sacks Parente Golf's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (0.053 + 0.03) / 2 ) / 0.35*365 / 4
=0.0415 / 0.35*365 / 4
=10.82

* 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.


Sacks Parente Golf  (NAS:SPGC) Days Sales Outstanding Explanation

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


Sacks Parente Golf Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Sacks Parente Golf's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Sacks Parente Golf (Sacks Parente Golf) Business Description

Traded in Other Exchanges
N/A
Address
551 Calle San Pablo, Camarillo, CA, USA, 93012
Sacks Parente Golf Inc is a technology-forward golf company, with a growing portfolio of golf products, including putting instruments, golf shafts, golf grips, and other golf-related products. It designs, manufactures, and sells technology-forward, golf equipment, which is comprised of putting instruments, golf shafts, golf grips, and related product groups. It designs its golf products to fit golfers of all skill levels, amateur and professional.
Executives
Brett Widney Hoge director 121 GRASSLANDS CT, ADVANCE NC 27006
Steve Handy officer: Chief Financial Officer 8228 SUNSET BLVD., LOS ANGELES CA 90046
Timothy Triplett director, officer: Chief Executive Officer
Michael Robert Ferris officer: See remarks 2 CAPTAIN ROAD, WILBRAHAM MA 01095
Akinobu Yorihiro director, officer: Chief Technology Officer 155 GILES ROAD, LAKE SHERWOOD CA 91361
Gregor Alasdair Campbell director 5460 LIVERPOOL CT, OAK PARK CA 91377
Dorothy Lynn Pepper director P.O.BOX 623 ! WEBSTER ST, SARATOGA SPRINGS NY 12866
Angelo Gregory Papadourakis officer: EVP Sales & Distribution 8468 CHICORY COURT, DARIEN IL 60561
Nippon Xport Ventures, Inc. 10 percent owner 155 GILES ROAD,, LAKE SHERWOOD CA 91361