Golden Matrix Group (Golden Matrix Group) Days Sales Outstanding : 29.21 (As of Jan. 2024)

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What is Golden Matrix Group Days Sales Outstanding?

Golden Matrix Group's average Accounts Receivable for the three months ended in Jan. 2024 was $3.79 Mil. Golden Matrix Group's Revenue for the three months ended in Jan. 2024 was $11.84 Mil. Hence, Golden Matrix Group's Days Sales Outstanding for the three months ended in Jan. 2024 was 29.21.

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

GMGI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.64 Med: 86.67 Max: 182.5
Current: 30.52

During the past 13 years, Golden Matrix Group's highest Days Sales Outstanding was 182.50. The lowest was 18.64. And the median was 86.67.

GMGI's Days Sales Outstanding is ranked better than
75.17% of 572 companies
in the Interactive Media industry
Industry Median: 45.21 vs GMGI: 30.52

Golden Matrix Group's Days Sales Outstanding increased from Jan. 2023 (25.95) to Jan. 2024 (29.21).

Golden Matrix Group Days Sales Outstanding Historical Data

The historical data trend for Golden Matrix Group'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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Golden Matrix Group Days Sales Outstanding Chart

Golden Matrix Group Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jan21

Oct22

Oct23

Days Sales Outstanding

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86.67

104.23

80.85

18.64

25.58

Golden Matrix Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial															25.95	31.37	31.66	30.20	29.21

Competitive Comparison of Golden Matrix Group's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Golden Matrix Group'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.

Golden Matrix Group's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Golden Matrix Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Golden Matrix Group's Days Sales Outstanding falls into.

Golden Matrix Group 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.

Golden Matrix Group's Days Sales Outstanding for the fiscal year that ended in Oct. 2023 is calculated as

	Days Sales Outstanding (A: Oct. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2022 )	+	Accounts Receivable (A: Oct. 2023 ))	/	count )	/	Revenue (A: Oct. 2023 )	*	Days in Period
=	( (2.641	+	3.551)	/	2 )	/	44.174	*	365
=	3.096					/	44.174	*	365
=	25.58

Golden Matrix Group's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (3.551	+	4.031)	/	2 )	/	11.844	*	365 / 4
=	3.791					/	11.844	*	365 / 4
=	29.21

Golden Matrix Group (NAS:GMGI) Days Sales Outstanding Explanation

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

Golden Matrix Group Days Sales Outstanding Related Terms

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Golden Matrix Group (Golden Matrix Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Golden Matrix Group Inc (NAS:GMGI) » Definitions » Days Sales Outstanding

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SE0C:Germany

Address

3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103

Website

https://www.goldenmatrix.com

Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The company operates in two reportable segments; B2B and B2C. The B2C segment earns majority revenue. The company operates in UK, Asia Pacific and Latin America. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, R Kings Competitions and GM-AG.

Executives

Philip Moyes	director	54 KINGS WHARF, QUAY 27, QUEENSWAY J1 GX11 1AA
Thomas Mcchesney	director	PO BOX 2910, TACOMA WA 98401-2910
Omar Jimenez	officer: CFO & Chief Compliance Officer	C/O MONAKER GROUP INC., 2690 WESTON ROAD, SUITE 200, WESTON FL 33331
Aaron Richard Johnston	director	3851 LINDELL RD, STE D131, LAS VEGAS NV 89103
Murray George Smith	director	11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Luxor Capital Llc	10 percent owner	3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Anthony Brian Goodman	director, 10 percent owner, officer: CEO	3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Weiting Feng	director, officer: CFO	3651 LINDELL RD STE D131, LAS VEGAS NV 89103