CryptoStar (TSXV:CSTR) Days Sales Outstanding : 22.41 (As of Dec. 2023)

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What is CryptoStar Days Sales Outstanding?

CryptoStar's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.31 Mil. CryptoStar's Revenue for the three months ended in Dec. 2023 was C$1.24 Mil. Hence, CryptoStar's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.41.

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

TSXV:CSTR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.65 Med: 19.54 Max: 26.73
Current: 26.73

During the past 7 years, CryptoStar's highest Days Sales Outstanding was 26.73. The lowest was 14.65. And the median was 19.54.

TSXV:CSTR's Days Sales Outstanding is ranked better than
70.25% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs TSXV:CSTR: 26.73

CryptoStar's Days Sales Outstanding increased from Sep. 2022 (1.49) to Dec. 2023 (22.41).

CryptoStar Days Sales Outstanding Historical Data

The historical data trend for CryptoStar'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.

CryptoStar Days Sales Outstanding Chart

CryptoStar Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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22.79

14.65

19.54

CryptoStar Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															1.49	7.91	17.47	20.66	22.41

Competitive Comparison of CryptoStar's Days Sales Outstanding

For the Capital Markets subindustry, CryptoStar'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.

CryptoStar's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CryptoStar's Days Sales Outstanding distribution charts can be found below:

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

CryptoStar 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.

CryptoStar'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
=	( (0.212	+	0.309)	/	2 )	/	4.866	*	365
=	0.2605					/	4.866	*	365
=	19.54

CryptoStar'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
=	( (0.302	+	0.309)	/	2 )	/	1.244	*	365 / 4
=	0.3055					/	1.244	*	365 / 4
=	22.41

CryptoStar (TSXV:CSTR) Days Sales Outstanding Explanation

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

CryptoStar Days Sales Outstanding Related Terms

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CryptoStar (TSXV:CSTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CryptoStar Corp (TSXV:CSTR) » Definitions » Days Sales Outstanding

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CSTXF:USA

Address

181 Bay Street, Suite 4400, Toronto, ON, CAN, M5J 2T3

Website

https://www.cryptostar.com

CryptoStar Corp is a cryptocurrency mining company with data centres around the globe. The Company has two reportable segments based on geographical locations: Canada and the USA, and three reportable segments based on operations: self-mining, hosting and miner sales, along with a Head Office segment. The company derives its income from digital currency received for providing mining services to a digital currency blockchain. It generates a majority of its revenue from the United States.