Lift Global Ventures (AQSE:LFT) Days Sales Outstanding : 131.33 (As of Dec. 2023)

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What is Lift Global Ventures Days Sales Outstanding?

Lift Global Ventures's average Accounts Receivable for the six months ended in Dec. 2023 was £0.20 Mil. Lift Global Ventures's Revenue for the six months ended in Dec. 2023 was £0.28 Mil. Hence, Lift Global Ventures's Days Sales Outstanding for the six months ended in Dec. 2023 was 131.33.

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

AQSE:LFT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 113.74 Med: 116.89 Max: 116.89
Current: 113.74

During the past 2 years, Lift Global Ventures's highest Days Sales Outstanding was 116.89. The lowest was 113.74. And the median was 116.89.

AQSE:LFT's Days Sales Outstanding is ranked worse than
68.06% of 72 companies
in the Diversified Financial Services industry
Industry Median: 54.77 vs AQSE:LFT: 113.74

Lift Global Ventures's Days Sales Outstanding declined from Dec. 2022 (208.05) to Dec. 2023 (131.33).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Lift Global Ventures Days Sales Outstanding Historical Data

The historical data trend for Lift Global Ventures'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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Lift Global Ventures Days Sales Outstanding Chart

Lift Global Ventures Annual Data

Trend

Jun22

Jun23

Days Sales Outstanding

116.89

Lift Global Ventures Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	-	208.05	89.06	131.33

Competitive Comparison of Lift Global Ventures's Days Sales Outstanding

For the Shell Companies subindustry, Lift Global Ventures'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.

Lift Global Ventures's Days Sales Outstanding Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lift Global Ventures's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Lift Global Ventures's Days Sales Outstanding falls into.

Lift Global Ventures 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.

Lift Global Ventures's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0.155)	/	1 )	/	0.484	*	365
=	0.155					/	0.484	*	365
=	116.89

Lift Global Ventures'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.155	+	0.248)	/	2 )	/	0.28	*	365 / 2
=	0.2015					/	0.28	*	365 / 2
=	131.33

Lift Global Ventures (AQSE:LFT) Days Sales Outstanding Explanation

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

Lift Global Ventures Days Sales Outstanding Related Terms

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Lift Global Ventures (AQSE:LFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lift Global Ventures PLC (AQSE:LFT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

15 Ingestre Place, Suite 1, London, GBR, W1F 0DU

Website

https://www.liftgv.com

Lift Global Ventures PLC is formed to identify potential investment and acquisition opportunities in companies operating within the financial media and related technology industries.