FinTech Chain (ASX:FTC) Days Sales Outstanding : 206.19 (As of Sep. 2023)

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What is FinTech Chain Days Sales Outstanding?

FinTech Chain's average Accounts Receivable for the six months ended in Sep. 2023 was A$5.30 Mil. FinTech Chain's Revenue for the six months ended in Sep. 2023 was A$4.69 Mil. Hence, FinTech Chain's Days Sales Outstanding for the six months ended in Sep. 2023 was 206.19.

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

ASX:FTC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.97 Med: 83.61 Max: 191.48
Current: 191.48

During the past 11 years, FinTech Chain's highest Days Sales Outstanding was 191.48. The lowest was 19.97. And the median was 83.61.

ASX:FTC's Days Sales Outstanding is ranked worse than
89.71% of 2721 companies
in the Software industry
Industry Median: 62.03 vs ASX:FTC: 191.48

FinTech Chain's Days Sales Outstanding increased from Sep. 2022 (172.90) to Sep. 2023 (206.19).

FinTech Chain Days Sales Outstanding Historical Data

The historical data trend for FinTech Chain'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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FinTech Chain Days Sales Outstanding Chart

FinTech Chain Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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21.42

95.22

120.66

129.45

154.86

FinTech Chain Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															156.00	149.48	172.90	166.74	206.19

Competitive Comparison of FinTech Chain's Days Sales Outstanding

For the Software - Infrastructure subindustry, FinTech Chain'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.

FinTech Chain's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where FinTech Chain's Days Sales Outstanding falls into.

FinTech Chain 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.

FinTech Chain's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (6.019	+	4.751)	/	2 )	/	12.692	*	365
=	5.385					/	12.692	*	365
=	154.86

FinTech Chain'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (4.751	+	5.84)	/	2 )	/	4.687	*	365 / 2
=	5.2955					/	4.687	*	365 / 2
=	206.19

FinTech Chain (ASX:FTC) Days Sales Outstanding Explanation

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

FinTech Chain Days Sales Outstanding Related Terms

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

FinTech Chain (ASX:FTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FinTech Chain Ltd (ASX:FTC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

56 Dundas Street, Unit 1806, 18th Floor, Gala Place, Mongkok, Kowloon, Hong Kong, HKG

Website

https://www.ttg.hk

FinTech Chain Ltd is a provider of Integrated Payment Acquiring infrastructure for banks and Industry Application Solutions. Geographically, it derives a majority of its revenue from PRC. It serves banking, catering, department store, community, tourism, and retail industries. Its product portfolio includes Prepaid Cards, Integrated Payment Systems, POS P, BIN-Based Promotion Tools, Transaction E-Authentication, Digital Community Service, T-Linx Cloud Service, T-PAD, TL-008/009, and others. The company earns revenue from the provision of system development services; provision of information technology services; provision of point-of-sale machine services and the sale of point-of-sale machines.

FinTech Chain (ASX:FTC) Headlines

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