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Freeze Tag (Freeze Tag) Days Sales Outstanding : 4.09 (As of Dec. 2023)


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What is Freeze Tag Days Sales Outstanding?

Freeze Tag's average Accounts Receivable for the three months ended in Dec. 2023 was $0.02 Mil. Freeze Tag's Revenue for the three months ended in Dec. 2023 was $0.49 Mil. Hence, Freeze Tag's Days Sales Outstanding for the three months ended in Dec. 2023 was 4.09.

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

FRZT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.77   Med: 2.1   Max: 114.91
Current: 3.59

During the past 13 years, Freeze Tag's highest Days Sales Outstanding was 114.91. The lowest was 0.77. And the median was 2.10.

FRZT's Days Sales Outstanding is ranked better than
97.21% of 573 companies
in the Interactive Media industry
Industry Median: 45.54 vs FRZT: 3.59

Freeze Tag's Days Sales Outstanding increased from Dec. 2022 (2.73) to Dec. 2023 (4.09).


Freeze Tag Days Sales Outstanding Historical Data

The historical data trend for Freeze Tag'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.

Freeze Tag Days Sales Outstanding Chart

Freeze Tag 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 1.31 2.15 2.05 2.61 3.19

Freeze Tag 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 2.73 3.04 3.38 4.28 4.09

Competitive Comparison of Freeze Tag's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Freeze Tag'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.


Freeze Tag's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Freeze Tag's Days Sales Outstanding distribution charts can be found below:

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



Freeze Tag 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.

Freeze Tag'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
=( (0.017 + 0.02) / 2 ) / 2.116*365
=0.0185 / 2.116*365
=3.19

Freeze Tag'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
=( (0.024 + 0.02) / 2 ) / 0.491*365 / 4
=0.022 / 0.491*365 / 4
=4.09

* 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.


Freeze Tag  (OTCPK:FRZT) Days Sales Outstanding Explanation

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


Freeze Tag Days Sales Outstanding Related Terms

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


Freeze Tag (Freeze Tag) Business Description

Traded in Other Exchanges
N/A
Address
360 E 1st Street, Suite 450, Tustin, CA, USA, 92780
Freeze Tag Inc creates mobile social games for all ages. The company's games can be downloaded for free by the players and also can purchase virtual items and additional features. Its games are sold through digital storefronts, such as Apple's App Store, the Google Play Store, and Amazon's App Store. Its games portfolio consists of Garfield Go, Alpha Bunny, Black Forest: Hidden Object Mystery, Clouds, Jelly Drop, Party Animals: Dance Battle, Winter Words: Christmas Cookies, and others.
Executives
Vardeman Robert Don Jr director, 10 percent owner, officer: President 1720 BRAY CENTRAL DR., MCKINNEY TX 75069
Craig Holland director, 10 percent owner, officer: President and CEO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780
Mick Donahoo director, 10 percent owner, officer: Secretary and CFO 228 W. MAIN STREET, 2ND FLOOR, TUSTIN CA 92780

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