Taoping (Taoping) Days Sales Outstanding : 101.15 (As of Jun. 2023)

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What is Taoping Days Sales Outstanding?

Taoping's average Accounts Receivable for the six months ended in Jun. 2023 was $7.80 Mil. Taoping's Revenue for the six months ended in Jun. 2023 was $14.08 Mil. Hence, Taoping's Days Sales Outstanding for the six months ended in Jun. 2023 was 101.15.

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

TAOP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 95.93 Med: 158.11 Max: 412.88
Current: 95.93

During the past 13 years, Taoping's highest Days Sales Outstanding was 412.88. The lowest was 95.93. And the median was 158.11.

TAOP's Days Sales Outstanding is ranked worse than
74.64% of 2725 companies
in the Software industry
Industry Median: 62.18 vs TAOP: 95.93

Taoping's Days Sales Outstanding declined from Jun. 2022 (199.40) to Jun. 2023 (101.15).

Taoping Days Sales Outstanding Historical Data

The historical data trend for Taoping'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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Taoping Days Sales Outstanding Chart

Taoping Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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245.49

412.88

343.82

134.52

123.53

Taoping Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															142.81	70.27	199.40	97.75	101.15

Competitive Comparison of Taoping's Days Sales Outstanding

For the Software - Infrastructure subindustry, Taoping'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.

Taoping's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Taoping's Days Sales Outstanding distribution charts can be found below:

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

Taoping 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.

Taoping's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (7.11	+	9.293)	/	2 )	/	24.233	*	365
=	8.2015					/	24.233	*	365
=	123.53

Taoping's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (9.293	+	6.312)	/	2 )	/	14.078	*	365 / 2
=	7.8025					/	14.078	*	365 / 2
=	101.15

Taoping (NAS:TAOP) Days Sales Outstanding Explanation

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

Taoping Days Sales Outstanding Related Terms

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Taoping (Taoping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Taoping Inc (NAS:TAOP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Everbright Bank Building, 21st Floor, Zhuzilin, Futian District, Guangdong, Shenzhen, CHN, 518040

Website

https://www.taop.com

Taoping Inc is a provider of cloud-app technologies for smart city IoT platforms, digital advertising delivery, and other internet-based information distribution systems in China. Its operating segment includes Cloud-based Technology (CBT), Blockchain Technology (BT), and Traditional Information Technology (TIT). It generates maximum revenue from the CBT segment. CBT segment includes cloud-based products and services offered to customers in the private sector including new media, healthcare, education, and residential community management.