Sono-Tek Corp

NASDAQ SOTK

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Sono-Tek Corp Days Sales Outstanding (DSO) for the year ending February 29, 2024: 27.25

Sono-Tek Corp Days Sales Outstanding (DSO) is 27.25 for the year ending February 29, 2024, a -31.19% change year over year. The days sales outstanding ratio measures the average number of days it takes for a company to collect payment from its customers. It is calculated by dividing receivables by revenue and then multiplying by 365. This ratio indicates the average collection period for accounts receivable and provides insights into the effectiveness of the company's credit and collection policies. A shorter period indicates faster collection and better cash flow management.

Sono-Tek Corp Days Sales Outstanding (DSO) for the year ending February 28, 2023 was 39.60, a 70.16% change year over year.
Sono-Tek Corp Days Sales Outstanding (DSO) for the year ending February 28, 2022 was 23.28, a -46.19% change year over year.
Sono-Tek Corp Days Sales Outstanding (DSO) for the year ending February 28, 2021 was 43.26, a 95.72% change year over year.
Sono-Tek Corp Days Sales Outstanding (DSO) for the year ending February 29, 2020 was 22.10, a -49.71% change year over year.

NASDAQ: SOTK

Sono-Tek Corp

CEO	Dr. Christopher L. Coccio Ph.D.
IPO Date	May 6, 1987
Location	United States
Headquarters	2012 Route 9W, Milton, NY, United States, 12547
Employees	73
Sector	Technology
Industry	Scientific & technical instruments

Description

Sono-Tek Corporation designs and manufactures ultrasonic coating systems for applying on parts and components for the microelectronics/electronics, alternative energy, medical, industrial, and research and development/other markets worldwide. The company provides nozzles and generators for manufacturers' equipment. Its products include integrated multi-axis coating systems, integrated coating systems, fluxing systems, OEM systems, and other related systems. In addition, the company provides surface coating solutions and application consulting services. It markets and distributes its products through direct sales personnel, select independent distributors, and sales representatives. Sono-Tek Corporation was incorporated in 1975 and is headquartered in Milton, New York.

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