AppTech Payments (AppTech Payments) Days Sales Outstanding : 91.57 (As of Dec. 2023)

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What is AppTech Payments Days Sales Outstanding?

AppTech Payments's average Accounts Receivable for the three months ended in Dec. 2023 was $0.14 Mil. AppTech Payments's Revenue for the three months ended in Dec. 2023 was $0.14 Mil. Hence, AppTech Payments's Days Sales Outstanding for the three months ended in Dec. 2023 was 91.57.

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

APCX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.31 Med: 37.07 Max: 52223.08
Current: 121.52

During the past 13 years, AppTech Payments's highest Days Sales Outstanding was 52223.08. The lowest was 6.31. And the median was 37.07.

APCX's Days Sales Outstanding is ranked worse than
82.47% of 2726 companies
in the Software industry
Industry Median: 62.175 vs APCX: 121.52

AppTech Payments's Days Sales Outstanding increased from Dec. 2022 (63.79) to Dec. 2023 (91.57).

Warning Sign:

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

AppTech Payments Days Sales Outstanding Historical Data

The historical data trend for AppTech Payments'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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AppTech Payments Days Sales Outstanding Chart

AppTech Payments Annual Data

Trend

Dec12

Dec13

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

38.50

39.27

41.76

36.91

29.33

AppTech Payments 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															63.79	58.44	171.94	226.50	91.57

Competitive Comparison of AppTech Payments's Days Sales Outstanding

For the Software - Infrastructure subindustry, AppTech Payments'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.

AppTech Payments's Days Sales Outstanding Distribution in the Software Industry

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

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

AppTech Payments 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.

AppTech Payments'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
=	( (0.051	+	0.03)	/	2 )	/	0.504	*	365
=	0.0405					/	0.504	*	365
=	29.33

AppTech Payments'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
=	( (0.253	+	0.03)	/	2 )	/	0.141	*	365 / 4
=	0.1415					/	0.141	*	365 / 4
=	91.57

AppTech Payments (NAS:APCX) Days Sales Outstanding Explanation

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

AppTech Payments Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of AppTech Payments's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

AppTech Payments (AppTech Payments) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » AppTech Payments Corp (NAS:APCX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5876 Owens Avenue, Suite 100, Carlsbad, CA, USA, 92008

Website

https://www.apptechcorp.com

AppTech Payments Corp is a FinTech company utilizing various payment processing and digital banking technologies to complement core merchant services capabilities. The company's patented and proprietary software will provide progressive and adaptable products that are available through a suite of synergistic offerings directly to merchants, banking institutions, and business enterprises. It is developing a secure digital payments and banking platform that powers commerce experiences for clients and customers. Based upon industry standards for payment and banking protocols, it will offer standalone products and fully integrated solutions that deliver unparalleled payments, banking, and financial services experiences.

Executives

Chad Nelley	officer: COO	5876 OWENS AVE, SUITE #100, CARLSBAD CA 92008
Benjamin D Jenkins	officer: CTO	5876 OWENS AVE., SUITE 100, CARLSBAD CA 92008
Christopher S Williams	director	5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael A. O'neal	director	C/O NORTEK SECURITY & CONTROL LLC, 1950 CAMINO VIDA ROBLE, CARLSBAD CA 92008
William Huff	director	2275 RIO BONITO WAY, SUITE 210, SAN DIEGO CA 92108
Mengyin H Liang	director	124 STELLAR, IRVINE CA 92618
Marc D Evans	officer: Corporate Secretary	5876 OWENS AVE, SUITE 100, CARLSBAD CA 92008
Michael Yadgar	director	PO BOX 259, MANAMA C6 00000
Ventures Ndigital	10 percent owner	C/O INFINIOS SOLUTIONS (BAHRAIN) W.L.L., PO BOX 11970, MANAMA C6 00000
Virgil Llapitan	other: Executive Vice President	2302 ALTISMA WAY, 104, CARLSBAD CA 92009
Michael B Gross	director	5876 OWENS AVENUE, SUITE 100, CARLSBAD CA 92008
Jeffrey Moriarty	officer: Secretary	12545 PARISH ROAD, SAN DIEGO CA 92128
Gary B Wachs	director, officer: Chief Financial Officer	23500 MERCANTILE RD, SUITE A, BEACHWOOD OH 44122
Luke Damian D'angelo	director, 10 percent owner, officer: Executive Director, Chairman	2011 PALOMAR AIRPORT ROAD, SUITE 102, CARLSBAD CA 92011
Timothy J Connolly	director, 10 percent owner, officer: President and CEO	1770 ST JAMES PLACE, SUITE 116, HOUSTON TX 77056