Pointsbet Holdings (ASX:PBH) Days Sales Outstanding : 45.37 (As of Dec. 2023)

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What is Pointsbet Holdings Days Sales Outstanding?

Pointsbet Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was A$29.2 Mil. Pointsbet Holdings's Revenue for the six months ended in Dec. 2023 was A$117.6 Mil. Hence, Pointsbet Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.37.

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

ASX:PBH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.68 Med: 0.87 Max: 44.97
Current: 44.97

During the past 5 years, Pointsbet Holdings's highest Days Sales Outstanding was 44.97. The lowest was 0.68. And the median was 0.87.

ASX:PBH's Days Sales Outstanding is ranked worse than
62.92% of 801 companies
in the Travel & Leisure industry
Industry Median: 29.77 vs ASX:PBH: 44.97

Pointsbet Holdings's Days Sales Outstanding increased from Dec. 2022 (4.48) to Dec. 2023 (45.37).

Pointsbet Holdings Days Sales Outstanding Historical Data

The historical data trend for Pointsbet 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.

Pointsbet Holdings Days Sales Outstanding Chart

Pointsbet Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

2.19

0.75

0.68

0.87

1.83

Pointsbet Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						0.61	0.94	4.48	43.49	45.37

Competitive Comparison of Pointsbet Holdings's Days Sales Outstanding

For the Gambling subindustry, Pointsbet 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.

Pointsbet Holdings's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Pointsbet Holdings's Days Sales Outstanding distribution charts can be found below:

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

Pointsbet 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.

Pointsbet Holdings'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
=	( (1.054	+	0)	/	1 )	/	210.298	*	365
=	1.054					/	210.298	*	365
=	1.83

Pointsbet 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
=	( (0	+	29.237)	/	1 )	/	117.607	*	365 / 2
=	29.237					/	117.607	*	365 / 2
=	45.37

Pointsbet Holdings (ASX:PBH) Days Sales Outstanding Explanation

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

Pointsbet Holdings Days Sales Outstanding Related Terms

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Pointsbet Holdings (ASX:PBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pointsbet Holdings Ltd (ASX:PBH) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

PBTHF:USA

Address

165 Cremorne Street, Level 2, Cremorne, VIC, AUS, 3121

Website

https://www.pointsbet.com.au

Pointsbet Holdings Ltd is a licensed corporate bookmaker with operations in Australia and the United States. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients sports and racing wagering products. PointsBet's product offering includes Fixed Odds Sports, Fixed Odds Racing, PointsBetting and iGaming. The company had been appointed as an Official Sports Betting Partner of the NHL. Its reportable segments consist of Australian Trading, Technology and Canada Trading. The company derives revenue from the Australia segment which includes revenue from sports and race betting services provided to Australian customers.