SRT Marine Systems (LSE:SRT) Days Sales Outstanding : 100.94 (As of Sep. 2023)

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What is SRT Marine Systems Days Sales Outstanding?

SRT Marine Systems's average Accounts Receivable for the six months ended in Sep. 2023 was £3.04 Mil. SRT Marine Systems's Revenue for the six months ended in Sep. 2023 was £5.50 Mil. Hence, SRT Marine Systems's Days Sales Outstanding for the six months ended in Sep. 2023 was 100.94.

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

LSE:SRT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.03 Med: 144.72 Max: 389.11
Current: 138.3

During the past 13 years, SRT Marine Systems's highest Days Sales Outstanding was 389.11. The lowest was 14.03. And the median was 144.72.

LSE:SRT's Days Sales Outstanding is ranked worse than
86.34% of 2460 companies
in the Hardware industry
Industry Median: 74.5 vs LSE:SRT: 138.30

SRT Marine Systems's Days Sales Outstanding increased from Sep. 2022 (67.64) to Sep. 2023 (100.94).

SRT Marine Systems Days Sales Outstanding Historical Data

The historical data trend for SRT Marine 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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SRT Marine Systems Days Sales Outstanding Chart

SRT Marine Systems Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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148.36

294.78

389.11

60.20

14.03

SRT Marine Systems Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															97.17	88.57	67.64	119.26	100.94

Competitive Comparison of SRT Marine Systems's Days Sales Outstanding

For the Scientific & Technical Instruments subindustry, SRT Marine 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.

SRT Marine Systems's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SRT Marine Systems's Days Sales Outstanding distribution charts can be found below:

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

SRT Marine 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.

SRT Marine Systems's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.528	+	1.818)	/	2 )	/	30.506	*	365
=	1.173					/	30.506	*	365
=	14.03

SRT Marine 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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1.818	+	4.268)	/	2 )	/	5.502	*	365 / 2
=	3.043					/	5.502	*	365 / 2
=	100.94

SRT Marine Systems (LSE:SRT) Days Sales Outstanding Explanation

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

SRT Marine Systems Days Sales Outstanding Related Terms

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SRT Marine Systems (LSE:SRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SRT Marine Systems PLC (LSE:SRT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

6S7:Germany

Address

Wireless House, Midsomer Norton, Westfield Industrial Estate, Bath, GBR, BA3 4BS

Website

http://www.srt-marine.com

SRT Marine Systems PLC develops and delivers advanced maritime domain awareness technologies, products, and systems, with expertise in Automatic Identification Systems. The company's major customers are system integrators, marine electronics companies, individual vessel operators, port owners and operators, and national authorities. The company currently operates in the following geographical markets: Europe, Middle East, North America, the United Kingdom, and others. The company has developed three core system products, VTS (ports, waterways, and infrastructure), VMS (Fisheries monitoring and management) and MDM (Coastal Surveillance) systems. Its largest end market by revenue is in the Middle East.