Riot Platforms (Riot Platforms) Days Sales Outstanding : 21.64 (As of Dec. 2023)

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What is Riot Platforms Days Sales Outstanding?

Riot Platforms's average Accounts Receivable for the three months ended in Dec. 2023 was $18.7 Mil. Riot Platforms's Revenue for the three months ended in Dec. 2023 was $78.8 Mil. Hence, Riot Platforms's Days Sales Outstanding for the three months ended in Dec. 2023 was 21.64.

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

RIOT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 25.32 Med: 29.81 Max: 33.58
Current: 25.32

During the past 13 years, Riot Platforms's highest Days Sales Outstanding was 33.58. The lowest was 25.32. And the median was 29.81.

RIOT's Days Sales Outstanding is ranked better than
72.22% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs RIOT: 25.32

Riot Platforms's Days Sales Outstanding declined from Dec. 2022 (33.62) to Dec. 2023 (21.64).

Riot Platforms Days Sales Outstanding Historical Data

The historical data trend for Riot Platforms'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.

Riot Platforms Days Sales Outstanding Chart

Riot Platforms Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.36

29.81

33.58

Riot Platforms 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															33.62	29.14	19.63	22.74	21.64

Competitive Comparison of Riot Platforms's Days Sales Outstanding

For the Capital Markets subindustry, Riot Platforms'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.

Riot Platforms's Days Sales Outstanding Distribution in the Capital Markets Industry

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

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

Riot Platforms 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.

Riot Platforms'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
=	( (26.932	+	24.706)	/	2 )	/	280.678	*	365
=	25.819					/	280.678	*	365
=	33.58

Riot Platforms'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
=	( (12.683	+	24.706)	/	2 )	/	78.812	*	365 / 4
=	18.6945					/	78.812	*	365 / 4
=	21.64

Riot Platforms (NAS:RIOT) Days Sales Outstanding Explanation

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

Riot Platforms Days Sales Outstanding Related Terms

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Riot Platforms (Riot Platforms) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Riot Platforms Inc (NAS:RIOT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

RIOT:Mexico AP4N:Germany AP4N:Germany

Address

3855 Ambrosia Street, Suite 301, Castle Rock, CO, USA, 80109

Website

https://www.riotplatforms.com

Riot Platforms Inc is a vertically integrated Bitcoin mining company focused on building, supporting, and operating blockchain technologies. Distributed blockchain technology is a decentralized and encrypted ledger that is designed to offer a secure, efficient, verifiable, and permanent way of storing records and other information without the need for intermediaries. It serves as a medium of exchange, store of value, or unit of account. The company's segments include Bitcoin Mining; Data Center Hosting and Engineering. It generates maximum revenue from the Bitcoin Mining segment.

Executives

William Richard Jackman	officer: General Counsel	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Hubert Marleau	director	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Jason Chung	officer: EVP, CORP DEV (SEE REMARKS)	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Lance Varro D'ambrosio	director	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Yi Soo Il Benjamin	director	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Jason Les	director	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Ryan D. Werner	officer: SVP & CAO (See Remarks)	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Hannah Cho	director	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Yee Colin M.	officer: CFO	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Chad Everett Harris	officer: Subsidiary Officer See Remarks	C/O RIOT PLATFORMS, INC., 3855 AMBROSIA STREET, SUITE 301, CASTLE ROCK CO 80109
Megan M. Brooks	officer: Chief Operating Officer	C/O RIOT BLOCKCHAIN, INC., 3855 AMBROSIA STREET, STE 301, CASTLE ROCK CO 80109
Jefferey Mcgonegal	officer: Chief Financial Officer	3855 AMBROSIA STREET, STE.301, CASTLE ROCK CO 80109
Data Ag Northern	10 percent owner	AN DER WELLE 3, FRANKFURT AM MAIN 2M 60322
Lyle Joseph Theriot	officer: Subsidiary Officer See Remarks	C/O RIOT BLOCKCHAIN, INC., 3855 AMBROSIA STREET, STE. 301, CASTLE ROCK CO 80109
Remo Mancini	director	6 LAIRD AVENUE SOUTH, AMHERSTBURG A6 N9V 1X5