GURUFOCUS.COM » STOCK LIST » Technology » Software » Arax Holdings Corp (OTCPK:ARAT) » Definitions » Days Sales Outstanding

Arax Holdings (Arax Holdings) Days Sales Outstanding : 136.88 (As of Jan. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Arax Holdings Days Sales Outstanding?

Arax Holdings's average Accounts Receivable for the three months ended in Jan. 2024 was $0.34 Mil. Arax Holdings's Revenue for the three months ended in Jan. 2024 was $0.23 Mil. Hence, Arax Holdings's Days Sales Outstanding for the three months ended in Jan. 2024 was 136.88.

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

ARAT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 91.15   Med: 91.15   Max: 151.75
Current: 151.75

During the past 9 years, Arax Holdings's highest Days Sales Outstanding was 151.75. The lowest was 91.15. And the median was 91.15.

ARAT's Days Sales Outstanding is ranked worse than
86.08% of 2709 companies
in the Software industry
Industry Median: 62.04 vs ARAT: 151.75

Arax Holdings's Days Sales Outstanding increased from Jan. 2023 (0.00) to Jan. 2024 (136.88).

Warning Sign:

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


Arax Holdings Days Sales Outstanding Historical Data

The historical data trend for Arax Holdings'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.

Arax Holdings Days Sales Outstanding Chart

Arax Holdings Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct20 Oct21 Oct22 Oct23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only - - - - 91.15

Arax Holdings Quarterly Data
Apr16 Jul16 Oct16 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 182.50 180.91 91.25 136.88

Competitive Comparison of Arax Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, Arax Holdings'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.


Arax Holdings's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Arax Holdings's Days Sales Outstanding falls into.



Arax Holdings 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.

Arax Holdings'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
=( (0 + 0.227) / 1 ) / 0.909*365
=0.227 / 0.909*365
=91.15

Arax Holdings'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
=( (0.227 + 0.454) / 2 ) / 0.227*365 / 4
=0.3405 / 0.227*365 / 4
=136.88

* 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.


Arax Holdings  (OTCPK:ARAT) Days Sales Outstanding Explanation

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


Arax Holdings Days Sales Outstanding Related Terms

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


Arax Holdings (Arax Holdings) Business Description

Traded in Other Exchanges
N/A
Address
30 North Gould Street, Sheridan, WY, USA, 82801
Arax Holdings Corp invests in TechFin and blockchain-based software solutions companies. The primary focus of Arax is to fuse decentralized solutions with financial service providers within multiple markets and communication networks to bring blockchain to everyday life.

Arax Holdings (Arax Holdings) Headlines

No Headlines