BIGG Digital Assets (BIGG Digital Assets) Days Sales Outstanding : 57.73 (As of Sep. 2023)

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What is BIGG Digital Assets Days Sales Outstanding?

BIGG Digital Assets's average Accounts Receivable for the three months ended in Sep. 2023 was $0.67 Mil. BIGG Digital Assets's Revenue for the three months ended in Sep. 2023 was $1.06 Mil. Hence, BIGG Digital Assets's Days Sales Outstanding for the three months ended in Sep. 2023 was 57.73.

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

BBKCF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.09 Med: 126.23 Max: 899.46
Current: 165.86

During the past 8 years, BIGG Digital Assets's highest Days Sales Outstanding was 899.46. The lowest was 52.09. And the median was 126.23.

BBKCF's Days Sales Outstanding is ranked worse than
70.79% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs BBKCF: 165.86

BIGG Digital Assets's Days Sales Outstanding declined from Jun. 2022 (125.33) to Sep. 2023 (57.73).

Warning Sign:

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

BIGG Digital Assets Days Sales Outstanding Historical Data

The historical data trend for BIGG Digital Assets'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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BIGG Digital Assets Days Sales Outstanding Chart

BIGG Digital Assets Annual Data

Trend

Sep15

Sep16

Sep17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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892.22

150.24

95.94

52.08

130.68

BIGG Digital Assets Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															125.33	205.27	221.53	92.44	57.73

Competitive Comparison of BIGG Digital Assets's Days Sales Outstanding

For the Capital Markets subindustry, BIGG Digital Assets'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.

BIGG Digital Assets's Days Sales Outstanding Distribution in the Capital Markets Industry

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

* The bar in red indicates where BIGG Digital Assets's Days Sales Outstanding falls into.

BIGG Digital Assets 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.

BIGG Digital Assets's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (2.315	+	1.624)	/	2 )	/	5.501	*	365
=	1.9695					/	5.501	*	365
=	130.68

BIGG Digital Assets's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.635	+	0.71)	/	2 )	/	1.063	*	365 / 4
=	0.6725					/	1.063	*	365 / 4
=	57.73

BIGG Digital Assets (OTCPK:BBKCF) Days Sales Outstanding Explanation

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

BIGG Digital Assets Days Sales Outstanding Related Terms

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BIGG Digital Assets (BIGG Digital Assets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BIGG Digital Assets Inc (OTCPK:BBKCF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

7111:Germany BIGG:Canada

Address

1130 West Pender Street, Suite 1220, Vancouver, BC, CAN, V6E 4A4

Website

https://www.biggdigitalassets.com

BIGG Digital Assets Inc is engaged in investing in products and companies within the cryptocurrency industry. It has two operating divisions which provide blockchain search products to large enterprises with significant data requirements in the financial and e-commerce sectors globally, and brokerage and exchange software to make the purchase and sale of cryptocurrency easily accessible to the mass consumer and investor with a focus on compliance and safety. The company operates two business segments: Blockchain Technology Development and Digital Currency Sales via the Netcoins App.