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Fintech Select (TSXV:FTEC) Days Sales Outstanding : 22.50 (As of Dec. 2023)


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What is Fintech Select Days Sales Outstanding?

Fintech Select's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.16 Mil. Fintech Select's Revenue for the three months ended in Dec. 2023 was C$0.65 Mil. Hence, Fintech Select's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.50.

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

TSXV:FTEC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 13.94   Med: 27.8   Max: 63.61
Current: 21.1

During the past 13 years, Fintech Select's highest Days Sales Outstanding was 63.61. The lowest was 13.94. And the median was 27.80.

TSXV:FTEC's Days Sales Outstanding is ranked better than
90.95% of 2729 companies
in the Software industry
Industry Median: 61.68 vs TSXV:FTEC: 21.10

Fintech Select's Days Sales Outstanding increased from Dec. 2022 (20.89) to Dec. 2023 (22.50).


Fintech Select Days Sales Outstanding Historical Data

The historical data trend for Fintech Select'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.

Fintech Select Days Sales Outstanding Chart

Fintech Select 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 17.16 21.76 24.76 21.16 13.94

Fintech Select 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 20.89 17.10 27.91 26.84 22.50

Competitive Comparison of Fintech Select's Days Sales Outstanding

For the Software - Infrastructure subindustry, Fintech Select'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.


Fintech Select's Days Sales Outstanding Distribution in the Software Industry

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

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



Fintech Select 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.

Fintech Select'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
=( (0.145 + 0.147) / 2 ) / 3.822*365
=0.146 / 3.822*365
=13.94

Fintech Select'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
=( (0.175 + 0.147) / 2 ) / 0.653*365 / 4
=0.161 / 0.653*365 / 4
=22.50

* 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.


Fintech Select  (TSXV:FTEC) Days Sales Outstanding Explanation

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


Fintech Select Days Sales Outstanding Related Terms

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Fintech Select (TSXV:FTEC) Business Description

Traded in Other Exchanges
Address
100 King Street W, Unit T201A, Chatham, ON, CAN, N7M 6A9
Fintech Select Ltd is a provider of prepaid card schemes, online payment platforms, and POS cryptocurrency platforms, all internally developed platforms. It also operates a multi-lingual call center that provides services to customers across all its platforms, and third-party customers. The company operated in three business segments which include Distribution, Call Center, and Financial Services. Its distribution sells prepaid wireless airtime and its Financial Services division provides prepaid debit card services.

Fintech Select (TSXV:FTEC) Headlines

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