CubicFarm Systems (CubicFarm Systems) Days Sales Outstanding : 830.58 (As of Sep. 2023)

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What is CubicFarm Systems Days Sales Outstanding?

CubicFarm Systems's average Accounts Receivable for the three months ended in Sep. 2023 was $0.40 Mil. CubicFarm Systems's Revenue for the three months ended in Sep. 2023 was $0.04 Mil. Hence, CubicFarm Systems's Days Sales Outstanding for the three months ended in Sep. 2023 was 830.58.

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

CUBXF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.91 Med: 105.35 Max: 140.54
Current: 89.61

During the past 5 years, CubicFarm Systems's highest Days Sales Outstanding was 140.54. The lowest was 12.91. And the median was 105.35.

CUBXF's Days Sales Outstanding is ranked worse than
64.9% of 208 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 73.4 vs CUBXF: 89.61

CubicFarm Systems's Days Sales Outstanding increased from Sep. 2022 (374.54) to Sep. 2023 (830.58).

CubicFarm Systems Days Sales Outstanding Historical Data

The historical data trend for CubicFarm Systems'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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CubicFarm Systems Days Sales Outstanding Chart

CubicFarm Systems Annual Data

Trend

Jun18

Jun19

Jun20

Dec21

Dec22

Days Sales Outstanding

12.91

83.81

123.28

145.74

CubicFarm Systems 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															374.54	681.92	238.26	24.81	830.58

Competitive Comparison of CubicFarm Systems's Days Sales Outstanding

For the Farm & Heavy Construction Machinery subindustry, CubicFarm Systems'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.

CubicFarm Systems's Days Sales Outstanding Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, CubicFarm Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CubicFarm Systems's Days Sales Outstanding falls into.

CubicFarm Systems 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.

CubicFarm Systems'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
=	( (1.305	+	0.832)	/	2 )	/	2.676	*	365
=	1.0685					/	2.676	*	365
=	145.74

CubicFarm Systems'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
=	( (0.453	+	0.348)	/	2 )	/	0.044	*	365 / 4
=	0.4005					/	0.044	*	365 / 4
=	830.58

CubicFarm Systems (OTCPK:CUBXF) Days Sales Outstanding Explanation

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

CubicFarm Systems Days Sales Outstanding Related Terms

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CubicFarm Systems (CubicFarm Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » CubicFarm Systems Corp (OTCPK:CUBXF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

CUB:Canada

Address

7170 Glover Road, Langley, BC, CAN, V2Y 2R1

Website

https://www.cubicfarms.com

CubicFarm Systems Corp is an ag-tech company providing automated growing systems for fresh produce and animal feed using HydroGreen Nutrition Technology. It offers turnkey, commercial scale, hydroponic, localized food supply solution automated controlled-environment growing systems that can grow predictably and sustainably anywhere on earth. The company enables its customers to grow locally and to provide their markets with safe, sustainable, secure, and fresh ingredients that are consistent in color, size, taste, and nutrition and allows for longer shelf life. The Company has patented technology for auto harvesting and processing methods for growing leafy greens and other crops onsite, indoors, all year round.