iCandy Interactive (ASX:ICI) Days Sales Outstanding : 756.93 (As of Jun. 2024)

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What is iCandy Interactive Days Sales Outstanding?

iCandy Interactive's average Accounts Receivable for the six months ended in Jun. 2024 was A$3.91 Mil. iCandy Interactive's Revenue for the six months ended in Jun. 2024 was A$0.94 Mil. Hence, iCandy Interactive's Days Sales Outstanding for the six months ended in Jun. 2024 was 756.93.

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

ASX:ICI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.57 Med: 54.93 Max: 223.52
Current: 77.37

During the past 8 years, iCandy Interactive's highest Days Sales Outstanding was 223.52. The lowest was 19.57. And the median was 54.93.

ASX:ICI's Days Sales Outstanding is ranked worse than
78.75% of 560 companies
in the Interactive Media industry
Industry Median: 45.49 vs ASX:ICI: 77.37

iCandy Interactive's Days Sales Outstanding declined from Jun. 2023 (1,779.51) to Jun. 2024 (756.93).

iCandy Interactive Days Sales Outstanding Historical Data

The historical data trend for iCandy Interactive'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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iCandy Interactive Days Sales Outstanding Chart

iCandy Interactive Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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26.92

75.38

223.52

48.87

60.98

iCandy Interactive Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial												56.57	264.22	1,779.51	47.97	756.93

Competitive Comparison of iCandy Interactive's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, iCandy Interactive'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.

iCandy Interactive's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, iCandy Interactive's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where iCandy Interactive's Days Sales Outstanding falls into.

iCandy Interactive 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.

iCandy Interactive'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
=	( (4.308	+	4.414)	/	2 )	/	26.105	*	365
=	4.361					/	26.105	*	365
=	60.98

iCandy Interactive's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (4.414	+	3.4)	/	2 )	/	0.942	*	365 / 2
=	3.907					/	0.942	*	365 / 2
=	756.93

iCandy Interactive (ASX:ICI) Days Sales Outstanding Explanation

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

iCandy Interactive Days Sales Outstanding Related Terms

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iCandy Interactive Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » iCandy Interactive Ltd (ASX:ICI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

91 William Street, Level 4, Melbourne, VIC, AUS, 3000

Website

https://www.icandy.io

iCandy Interactive Ltd is an investment holding company. The company is engaged in developing and publishing freenium games for smartphones, which are free-to-download and free-to-play for platers. It has two operating segments: Game development services; which is also the key revenue driver. and Game development and publishing for the development of intellectual properties for software applications and games.