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Polar Power (Polar Power) Days Sales Outstanding : 41.23 (As of Dec. 2023)


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What is Polar Power Days Sales Outstanding?

Polar Power's average Accounts Receivable for the three months ended in Dec. 2023 was $1.63 Mil. Polar Power's Revenue for the three months ended in Dec. 2023 was $3.61 Mil. Hence, Polar Power's Days Sales Outstanding for the three months ended in Dec. 2023 was 41.23.

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

POLA' s Days Sales Outstanding Range Over the Past 10 Years
Min: 42.92   Med: 57.66   Max: 94.45
Current: 59.3

During the past 10 years, Polar Power's highest Days Sales Outstanding was 94.45. The lowest was 42.92. And the median was 57.66.

POLA's Days Sales Outstanding is ranked better than
72.23% of 2956 companies
in the Industrial Products industry
Industry Median: 79.61 vs POLA: 59.30

Polar Power's Days Sales Outstanding increased from Dec. 2022 (39.03) to Dec. 2023 (41.23).


Polar Power Days Sales Outstanding Historical Data

The historical data trend for Polar Power'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.

Polar Power Days Sales Outstanding Chart

Polar Power Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.73 42.92 58.68 73.58 46.61

Polar Power Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.03 59.30 56.62 126.54 41.23

Competitive Comparison of Polar Power's Days Sales Outstanding

For the Electrical Equipment & Parts subindustry, Polar Power'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.


Polar Power's Days Sales Outstanding Distribution in the Industrial Products Industry

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

* The bar in red indicates where Polar Power's Days Sales Outstanding falls into.



Polar Power 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.

Polar Power's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

Days Sales Outstanding (A: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (2.23 + 1.676) / 2 ) / 15.293*365
=1.953 / 15.293*365
=46.61

Polar Power's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

Days Sales Outstanding (Q: Dec. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1.582 + 1.676) / 2 ) / 3.605*365 / 4
=1.629 / 3.605*365 / 4
=41.23

* 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.


Polar Power  (NAS:POLA) Days Sales Outstanding Explanation

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


Polar Power Days Sales Outstanding Related Terms

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Polar Power (Polar Power) Business Description

Traded in Other Exchanges
Address
249 East Gardena Boulevard, Gardena, CA, USA, 90248
Polar Power Inc is engaged in designing, manufacture, and sell DC power generators, renewable energy and cooling systems for applications primarily in the telecommunications market and, to a lesser extent, in other markets, including military, electric vehicle, marine and industrial. The company's products include DC generators, Back-up DC generators, hybrid power systems, Li-Ion battery systems, and Marine DC generators. The Companie's geographical presence is in United States, Canada, Mexico, South Pacific Islands, Japan, Europe and Middle East and Other Asia Pacific countries.
Executives
Keith Albrecht director 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Arthur D. Sams director, 10 percent owner, officer: President, CEO, Secretary 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Rajesh Masina officer: Chief Operating Officer 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Luis Zavala officer: Chief Financial Officer 249 E. GARDENA BOULEVARD, GARDENA CA 90248
Peter Gross director 249 E. GARDENA BLVD., GARDENA CA 90248
Matthew Goldman director 249 E. GARDENA BOULEVARD, GARDENA CA 90248