Delta CleanTech (XCNQ:DELT) Days Sales Outstanding : 114.46 (As of Sep. 2023)

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What is Delta CleanTech Days Sales Outstanding?

Delta CleanTech's average Accounts Receivable for the three months ended in Sep. 2023 was C$0.29 Mil. Delta CleanTech's Revenue for the three months ended in Sep. 2023 was C$0.23 Mil. Hence, Delta CleanTech's Days Sales Outstanding for the three months ended in Sep. 2023 was 114.46.

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

XCNQ:DELT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.47 Med: 36.67 Max: 82.2
Current: 82.2

During the past 3 years, Delta CleanTech's highest Days Sales Outstanding was 82.20. The lowest was 19.47. And the median was 36.67.

XCNQ:DELT's Days Sales Outstanding is ranked worse than
52.33% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs XCNQ:DELT: 82.20

Delta CleanTech's Days Sales Outstanding increased from Sep. 2022 (75.58) to Sep. 2023 (114.46).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Delta CleanTech Days Sales Outstanding Historical Data

The historical data trend for Delta CleanTech'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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Delta CleanTech Days Sales Outstanding Chart

Delta CleanTech Annual Data

Trend

Dec20

Dec21

Dec22

Days Sales Outstanding

19.47

53.86

Delta CleanTech Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial						75.58	50.89	83.12	152.74	114.46

Competitive Comparison of Delta CleanTech's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Delta CleanTech'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.

Delta CleanTech's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Delta CleanTech's Days Sales Outstanding falls into.

Delta CleanTech 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.

Delta CleanTech'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
=	( (0.02	+	0.397)	/	2 )	/	1.413	*	365
=	0.2085					/	1.413	*	365
=	53.86

Delta CleanTech'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
=	( (0.251	+	0.326)	/	2 )	/	0.23	*	365 / 4
=	0.2885					/	0.23	*	365 / 4
=	114.46

Delta CleanTech (XCNQ:DELT) Days Sales Outstanding Explanation

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

Delta CleanTech Days Sales Outstanding Related Terms

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Delta CleanTech (XCNQ:DELT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Delta CleanTech Inc (XCNQ:DELT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

DCTIF:USA

Address

2308 Palisade Drive S.W., Calgary, AB, CAN, T2V 3V1

Website

https://www.deltacleantech.ca

Delta CleanTech Inc is a clean energy tech business. It is dedicated to providing clean technology solutions that address the environmental and social governance needs of corporations. The principal activity of Delta consists of four pillars namely CO2 capture, hydrogen production, solvent and ethanol purification, and carbon credit certification and trading. The Company operates in Canada, the United States, United Arab Emirates, Kazakhstan, and China.

Delta CleanTech (XCNQ:DELT) Headlines

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