Resaas Services (Resaas Services) Days Sales Outstanding : 51.78 (As of Sep. 2023)

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What is Resaas Services Days Sales Outstanding?

Resaas Services's average Accounts Receivable for the three months ended in Sep. 2023 was $0.05 Mil. Resaas Services's Revenue for the three months ended in Sep. 2023 was $0.09 Mil. Hence, Resaas Services's Days Sales Outstanding for the three months ended in Sep. 2023 was 51.78.

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

RSASF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 29.98 Med: 81.98 Max: 2737.5
Current: 48

During the past 13 years, Resaas Services's highest Days Sales Outstanding was 2737.50. The lowest was 29.98. And the median was 81.98.

RSASF's Days Sales Outstanding is ranked better than
67.42% of 2726 companies
in the Software industry
Industry Median: 62.195 vs RSASF: 48.00

Resaas Services's Days Sales Outstanding increased from Sep. 2022 (28.24) to Sep. 2023 (51.78).

Resaas Services Days Sales Outstanding Historical Data

The historical data trend for Resaas Services'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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Resaas Services Days Sales Outstanding Chart

Resaas Services Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

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81.33

107.88

103.52

30.00

38.49

Resaas Services Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															28.24	45.63	57.22	45.09	51.78

Competitive Comparison of Resaas Services's Days Sales Outstanding

For the Software - Application subindustry, Resaas Services'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.

Resaas Services's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Resaas Services's Days Sales Outstanding falls into.

Resaas Services 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.

Resaas Services'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
=	( (0.015	+	0.043)	/	2 )	/	0.275	*	365
=	0.029					/	0.275	*	365
=	38.49

Resaas Services'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: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.054	+	0.047)	/	2 )	/	0.089	*	365 / 4
=	0.0505					/	0.089	*	365 / 4
=	51.78

Resaas Services (OTCPK:RSASF) Days Sales Outstanding Explanation

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

Resaas Services Days Sales Outstanding Related Terms

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Resaas Services (Resaas Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Resaas Services Inc (OTCPK:RSASF) » Definitions » Days Sales Outstanding

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RSS:Canada

Address

595 Burrard Street, Suite 2600, Vancouver, BC, CAN, V7X 1L3

Website

https://www.resaas.com

Resaas Services Inc is engaged in the development of web and mobile communications software for the real estate industry. The company is a technology platform that enables real estate brokerages, franchises and associations to bring real-time communication, new business opportunities and unique data to their agents on a global basis. The company operates in one reportable segment, the development of software in the real estate industry.