GlobalTech (GlobalTech) Days Sales Outstanding : 95.80 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is GlobalTech Days Sales Outstanding?

GlobalTech's average Accounts Receivable for the three months ended in Mar. 2024 was $3.89 Mil. GlobalTech's Revenue for the three months ended in Mar. 2024 was $3.70 Mil. Hence, GlobalTech's Days Sales Outstanding for the three months ended in Mar. 2024 was 95.80.

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

GLTK' s Days Sales Outstanding Range Over the Past 10 Years
Min: 103.74 Med: 115.04 Max: 156.7
Current: 156.7

During the past 2 years, GlobalTech's highest Days Sales Outstanding was 156.70. The lowest was 103.74. And the median was 115.04.

GLTK's Days Sales Outstanding is ranked worse than
91.47% of 375 companies
in the Telecommunication Services industry
Industry Median: 56.53 vs GLTK: 156.70

GlobalTech's Days Sales Outstanding increased from Dec. 2022 (92.85) to Mar. 2024 (95.80).

Warning Sign:

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

GlobalTech Days Sales Outstanding Historical Data

The historical data trend for GlobalTech'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.

GlobalTech Days Sales Outstanding Chart

GlobalTech Annual Data

Trend

Dec22

Dec23

Days Sales Outstanding

103.74

126.34

GlobalTech Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial			92.85	122.12	160.15	115.17	95.80

Competitive Comparison of GlobalTech's Days Sales Outstanding

For the Telecom Services subindustry, GlobalTech'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.

GlobalTech's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GlobalTech's Days Sales Outstanding distribution charts can be found below:

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

GlobalTech 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.

GlobalTech'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
=	( (3.303	+	4.045)	/	2 )	/	10.614	*	365
=	3.674					/	10.614	*	365
=	126.34

GlobalTech's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (4.045	+	3.728)	/	2 )	/	3.702	*	365 / 4
=	3.8865					/	3.702	*	365 / 4
=	95.80

GlobalTech (OTCPK:GLTK) Days Sales Outstanding Explanation

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

GlobalTech Days Sales Outstanding Related Terms

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

GlobalTech (GlobalTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GlobalTech Corp (OTCPK:GLTK) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3550 Barron Way, Suite 13a, Reno, NV, USA, 89511

Website

https://www.globaltechcorporation.com

GlobalTech Corp is a company which operates through its subsidiaries is involved in communications and broadband business in the country of Pakistan. The company sells digital television, analog cable television, and broadband internet services to consumers and businesses.

GlobalTech (GlobalTech) Headlines

No Headlines