Tap Global Group (AQSE:TAP) Days Sales Outstanding : 635.10 (As of Jun. 2022)

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What is Tap Global Group Days Sales Outstanding?

Tap Global Group's average Accounts Receivable for the six months ended in Jun. 2022 was £0.09 Mil. Tap Global Group's Revenue for the six months ended in Jun. 2022 was £0.05 Mil. Hence, Tap Global Group's Days Sales Outstanding for the six months ended in Jun. 2022 was 317.55.

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

AQSE:TAP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.47 Med: 326.79 Max: 635.1
Current: 635.1

During the past 9 years, Tap Global Group's highest Days Sales Outstanding was 635.10. The lowest was 18.47. And the median was 326.79.

AQSE:TAP's Days Sales Outstanding is ranked worse than
98.2% of 2724 companies
in the Software industry
Industry Median: 61.82 vs AQSE:TAP: 635.10

Tap Global Group's Days Sales Outstanding increased from Jun. 2020 (0.00) to Jun. 2022 (635.10).

Tap Global Group Days Sales Outstanding Historical Data

The historical data trend for Tap Global 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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Tap Global Group Days Sales Outstanding Chart

Tap Global Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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635.10

18.47

Tap Global Group Semi-Annual Data
	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial				-	-	-	635.10	-

Competitive Comparison of Tap Global Group's Days Sales Outstanding

For the Software - Application subindustry, Tap Global 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.

Tap Global Group's Days Sales Outstanding Distribution in the Software Industry

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

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

Tap Global 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.

Tap Global Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.102	+	0)	/	1 )	/	2.016	*	365
=	0.102					/	2.016	*	365
=	18.47

Tap Global Group's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding (Q: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (0.072	+	0.102)	/	2 )	/	0.05	*	365 / 2
=	0.087					/	0.05	*	365 / 2
=	317.55

Tap Global Group (AQSE:TAP) Days Sales Outstanding Explanation

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

Tap Global Group Days Sales Outstanding Related Terms

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Tap Global Group (AQSE:TAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tap Global Group Plc (AQSE:TAP) » Definitions » Days Sales Outstanding

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Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tap.global

Tap Global Group Plc is a regulated and fully integrated crypto-fiat exchange service provider with an associated neo banking platform. Tap's mission is to create a seamless and fully regulated bridge that links fiat banking, traditional assets and crypto markets. Built on its exchange foundation, the company also offers consumer and corporate crypto-fiat banking services and DeFi yield products.