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Volcon (Volcon) Days Sales Outstanding : 17.21 (As of Dec. 2023)


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What is Volcon Days Sales Outstanding?

Volcon's average Accounts Receivable for the three months ended in Dec. 2023 was $0.20 Mil. Volcon's Revenue for the three months ended in Dec. 2023 was $1.08 Mil. Hence, Volcon's Days Sales Outstanding for the three months ended in Dec. 2023 was 17.21.

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

VLCN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.14   Med: 35.76   Max: 59.77
Current: 49.67

During the past 4 years, Volcon's highest Days Sales Outstanding was 59.77. The lowest was 21.14. And the median was 35.76.

VLCN's Days Sales Outstanding is ranked better than
63.46% of 1270 companies
in the Vehicles & Parts industry
Industry Median: 60.37 vs VLCN: 49.67

Volcon's Days Sales Outstanding declined from Dec. 2022 (147.61) to Dec. 2023 (17.21).


Volcon Days Sales Outstanding Historical Data

The historical data trend for Volcon'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.

Volcon Days Sales Outstanding Chart

Volcon Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
- 21.14 35.76 59.77

Volcon Quarterly Data
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 147.61 61.42 82.99 41.22 17.21

Competitive Comparison of Volcon's Days Sales Outstanding

For the Auto Manufacturers subindustry, Volcon'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.


Volcon's Days Sales Outstanding Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volcon's Days Sales Outstanding distribution charts can be found below:

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



Volcon 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.

Volcon'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
=( (0.865 + 0.203) / 2 ) / 3.261*365
=0.534 / 3.261*365
=59.77

Volcon'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
=( (0.206 + 0.203) / 2 ) / 1.084*365 / 4
=0.2045 / 1.084*365 / 4
=17.21

* 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.


Volcon  (NAS:VLCN) Days Sales Outstanding Explanation

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


Volcon Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Volcon's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Volcon (Volcon) Business Description

Traded in Other Exchanges
N/A
Address
3121 Eagles Nest Street, Suite 120, Round Rock, TX, USA, 78665
Volcon Inc is an all-electric, off-road powersports vehicle company developing and building electric two and four-wheel motorcycles and utility terrain vehicles, also known as side-by-sides, along with a complete line of upgrades and accessories. The company's products include motorcycle and UTV products that are all-electric and designed for off-road use.
Executives
Melissa Coffey officer: VP - Sales & Marketing 1702 PERSIMMON ROAD, CEDAR PARK TX 78613
Stephanie Michelle Davis officer: Chief Operating Officer 504 OCONEE CIRCLE, EVANS GA 30809
Christian Okonsky director, 10 percent owner, officer: Chief Technology Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Adrian James director, 10 percent owner 3736 BEE CAVES RD, SUITE 1-105, AUSTIN TX 78746
Jonathan P. Foster director 2450 SOUTH SHORE BLVD., SUITE 402, LEAGUE CITY TX 77573
Greg Endo officer: Chief Financial Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Karin-joyce Tjon director C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Jordan Don Davis officer: Chief Executive Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Kyoung John Kim director C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665