WestBond Enterprises (TSXV:WBE) Days Sales Outstanding : 58.22 (As of Dec. 2023)

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What is WestBond Enterprises Days Sales Outstanding?

WestBond Enterprises's average Accounts Receivable for the three months ended in Dec. 2023 was C$1.43 Mil. WestBond Enterprises's Revenue for the three months ended in Dec. 2023 was C$2.24 Mil. Hence, WestBond Enterprises's Days Sales Outstanding for the three months ended in Dec. 2023 was 58.22.

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

TSXV:WBE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.73 Med: 38.18 Max: 48.62
Current: 48.62

During the past 13 years, WestBond Enterprises's highest Days Sales Outstanding was 48.62. The lowest was 30.73. And the median was 38.18.

TSXV:WBE's Days Sales Outstanding is ranked better than
56.99% of 286 companies
in the Forest Products industry
Industry Median: 54.445 vs TSXV:WBE: 48.62

WestBond Enterprises's Days Sales Outstanding increased from Dec. 2022 (41.51) to Dec. 2023 (58.22).

WestBond Enterprises Days Sales Outstanding Historical Data

The historical data trend for WestBond Enterprises'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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WestBond Enterprises Days Sales Outstanding Chart

WestBond Enterprises Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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39.06

45.75

31.54

30.73

36.09

WestBond Enterprises 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															41.51	38.34	51.39	52.56	58.22

Competitive Comparison of WestBond Enterprises's Days Sales Outstanding

For the Paper & Paper Products subindustry, WestBond Enterprises'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.

WestBond Enterprises's Days Sales Outstanding Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, WestBond Enterprises's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where WestBond Enterprises's Days Sales Outstanding falls into.

WestBond Enterprises 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.

WestBond Enterprises'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
=	( (1.111	+	1.082)	/	2 )	/	11.09	*	365
=	1.0965					/	11.09	*	365
=	36.09

WestBond Enterprises'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
=	( (1.547	+	1.31)	/	2 )	/	2.239	*	365 / 4
=	1.4285					/	2.239	*	365 / 4
=	58.22

WestBond Enterprises (TSXV:WBE) Days Sales Outstanding Explanation

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

WestBond Enterprises Days Sales Outstanding Related Terms

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WestBond Enterprises (TSXV:WBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » WestBond Enterprises Corp (TSXV:WBE) » Definitions » Days Sales Outstanding

Traded in Other Exchanges

WBNEF:USA

Address

7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7

Website

https://www.westbond.ca

WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Long-term care, Non-clinical air-laid, and Other products. The company's product pipeline includes examination table paper, dental bibs, sheets, pillowcases, gowns, aprons, Jumbo Roll Bathroom Tissue, Conventional Bathroom Tissue, Towels such as Center Pull, Kraft Roll, and Single Fold, Roll Air Laid Wipes, among others.

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