Composite Alliance Group (TSXV:CAG) Days Sales Outstanding : 95.10 (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Composite Alliance Group Days Sales Outstanding?

Composite Alliance Group's average Accounts Receivable for the three months ended in Sep. 2023 was C$3.41 Mil. Composite Alliance Group's Revenue for the three months ended in Sep. 2023 was C$3.27 Mil. Hence, Composite Alliance Group's Days Sales Outstanding for the three months ended in Sep. 2023 was 95.10.

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

TSXV:CAG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 92.72 Med: 252.85 Max: 330.03
Current: 92.72

During the past 13 years, Composite Alliance Group's highest Days Sales Outstanding was 330.03. The lowest was 92.72. And the median was 252.85.

TSXV:CAG's Days Sales Outstanding is ranked worse than
60.3% of 2957 companies
in the Industrial Products industry
Industry Median: 79.61 vs TSXV:CAG: 92.72

Composite Alliance Group's Days Sales Outstanding declined from Sep. 2022 (279.68) to Sep. 2023 (95.10).

Composite Alliance Group Days Sales Outstanding Historical Data

The historical data trend for Composite Alliance Group'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.

Composite Alliance Group Days Sales Outstanding Chart

Composite Alliance Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

107.33

257.75

330.03

247.95

Composite Alliance Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															279.68	77.18	97.86	91.48	95.10

Competitive Comparison of Composite Alliance Group's Days Sales Outstanding

For the Specialty Industrial Machinery subindustry, Composite Alliance Group'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.

Composite Alliance Group's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Composite Alliance Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Composite Alliance Group's Days Sales Outstanding falls into.

Composite Alliance Group 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.

Composite Alliance Group's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (5.405	+	3.926)	/	2 )	/	6.868	*	365
=	4.6655					/	6.868	*	365
=	247.95

Composite Alliance Group's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.061	+	4.751)	/	2 )	/	3.268	*	365 / 4
=	3.406					/	3.268	*	365 / 4
=	95.10

Composite Alliance Group (TSXV:CAG) Days Sales Outstanding Explanation

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

Composite Alliance Group Days Sales Outstanding Related Terms

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

Composite Alliance Group (TSXV:CAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Composite Alliance Group Inc (TSXV:CAG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

333 - 7th Avenue SW, Suite 800, Calgary, AB, CAN, T2P 2Z1

Website

https://www.compositealliancegroup.com

Composite Alliance Group Inc provides industrial turn-key solutions by designing and manufacturing the machines. It offers machines and processes to fabricate composite materials for the aerospace and automotive industries. Geographically, it operates in Europe, Asia, and North America, out of which a majority of its revenue is from Asia.