Halo Technologies Holdings (ASX:HAL) Days Sales Outstanding : 42.44 (As of Dec. 2023)

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What is Halo Technologies Holdings Days Sales Outstanding?

Halo Technologies Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$1.64 Mil. Halo Technologies Holdings's Revenue for the six months ended in Dec. 2023 was A$7.04 Mil. Hence, Halo Technologies Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 42.44.

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

ASX:HAL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.71 Med: 62.11 Max: 89.5
Current: 52.81

During the past 3 years, Halo Technologies Holdings's highest Days Sales Outstanding was 89.50. The lowest was 34.71. And the median was 62.11.

ASX:HAL's Days Sales Outstanding is ranked better than
61.2% of 2724 companies
in the Software industry
Industry Median: 61.8 vs ASX:HAL: 52.81

Halo Technologies Holdings's Days Sales Outstanding declined from Dec. 2022 (95.66) to Dec. 2023 (42.44).

Halo Technologies Holdings Days Sales Outstanding Historical Data

The historical data trend for Halo Technologies 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.

Halo Technologies Holdings Days Sales Outstanding Chart

Halo Technologies Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

89.50

34.71

Halo Technologies Holdings Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	114.28	95.66	85.27	42.44

Competitive Comparison of Halo Technologies Holdings's Days Sales Outstanding

For the Software - Application subindustry, Halo Technologies 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.

Halo Technologies Holdings's Days Sales Outstanding Distribution in the Software Industry

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

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

Halo Technologies 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.

Halo Technologies Holdings'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
=	( (2.318	+	0.132)	/	2 )	/	12.88	*	365
=	1.225					/	12.88	*	365
=	34.71

Halo Technologies Holdings'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (3.141	+	0.132)	/	2 )	/	7.038	*	365 / 2
=	1.6365					/	7.038	*	365 / 2
=	42.44

Halo Technologies Holdings (ASX:HAL) Days Sales Outstanding Explanation

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

Halo Technologies Holdings Days Sales Outstanding Related Terms

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Halo Technologies Holdings (ASX:HAL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Halo Technologies Holdings Ltd (ASX:HAL) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Barrack Street, Level 4, Sydney, NSW, AUS, 2000

Website

https://www.halo-technologies.com

Halo Technologies Holdings Ltd is a provider and developer of financial services and technology. Halo is an online global equities research and trade execution software solution that brings sophisticated institutional-grade analytical frameworks and market insights to everyday investors. Halo includes two distinct and integrated offerings in HALO global, designed for hands on investors who want professional grade tools without the cost, and HALO Trading which offers global trade execution capability and ready-made themed investment portfolios that are ideal for low-touch and values based investors and SMSFs.