Innerscope Hearing Technologies (Innerscope Hearing Technologies) Days Sales Outstanding : 53.92 (As of Dec. 2020)

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What is Innerscope Hearing Technologies Days Sales Outstanding?

Innerscope Hearing Technologies's average Accounts Receivable for the three months ended in Dec. 2020 was $0.01 Mil. Innerscope Hearing Technologies's Revenue for the three months ended in Dec. 2020 was $0.02 Mil. Hence, Innerscope Hearing Technologies's Days Sales Outstanding for the three months ended in Dec. 2020 was 53.92.

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

INND's Days Sales Outstanding is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 65.12
* Ranked among companies with meaningful Days Sales Outstanding only.

Innerscope Hearing Technologies's Days Sales Outstanding declined from Dec. 2019 (103.02) to Dec. 2020 (53.92).

Innerscope Hearing Technologies Days Sales Outstanding Historical Data

The historical data trend for Innerscope Hearing Technologies'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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Innerscope Hearing Technologies Days Sales Outstanding Chart

Innerscope Hearing Technologies Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Days Sales Outstanding

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67.42

166.22

56.02

69.26

Innerscope Hearing Technologies Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Days Sales Outstanding	Get a 7-Day Free Trial															103.02	38.87	85.55	25.24	53.92

Competitive Comparison of Innerscope Hearing Technologies's Days Sales Outstanding

For the Medical Instruments & Supplies subindustry, Innerscope Hearing Technologies'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.

Innerscope Hearing Technologies's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Innerscope Hearing Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Innerscope Hearing Technologies's Days Sales Outstanding falls into.

Innerscope Hearing Technologies 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.

Innerscope Hearing Technologies's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as

	Days Sales Outstanding (A: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2019 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (0.051	+	0.012)	/	2 )	/	0.166	*	365
=	0.0315					/	0.166	*	365
=	69.26

Innerscope Hearing Technologies's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:

	Days Sales Outstanding (Q: Dec. 2020 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2020 )	+	Accounts Receivable (A: Dec. 2020 ))	/	count )	/	Revenue (A: Dec. 2020 )	*	Days in Period
=	( (0.014	+	0.012)	/	2 )	/	0.022	*	365 / 4
=	0.013					/	0.022	*	365 / 4
=	53.92

Innerscope Hearing Technologies (OTCPK:INND) Days Sales Outstanding Explanation

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

Innerscope Hearing Technologies Days Sales Outstanding Related Terms

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Innerscope Hearing Technologies (Innerscope Hearing Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Innerscope Hearing Technologies Inc (OTCPK:INND) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

2151 Professional Drive, Second Floor, Roseville, CA, USA, 95661

Website

https://www.innd.com

Innerscope Hearing Technologies Inc is a manufacturer and a DTC distributor/retailer of FDA-registered hearing aids, personal sound amplifier products, hearing-related treatment therapies, doctor-formulated dietary hearing supplements, and proprietary CDB oil for treating tinnitus. It also owns and operates audiological and retail hearing device clinics and plans to continue to open and acquire additional clinics. The company operates retail hearing device clinics in California.