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ATCH (AtlasClear Holdings) Days Sales Outstanding : 8.72 (As of Dec. 2024)


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What is AtlasClear Holdings Days Sales Outstanding?

AtlasClear Holdings's average Accounts Receivable for the three months ended in Dec. 2024 was $0.26 Mil. AtlasClear Holdings's Revenue for the three months ended in Dec. 2024 was $2.75 Mil. Hence, AtlasClear Holdings's Days Sales Outstanding for the three months ended in Dec. 2024 was 8.72.

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

ATCH' s Days Sales Outstanding Range Over the Past 10 Years
Min: 19.46   Med: 29.78   Max: 32.11
Current: 19.46

During the past 2 years, AtlasClear Holdings's highest Days Sales Outstanding was 32.11. The lowest was 19.46. And the median was 29.78.

ATCH's Days Sales Outstanding is ranked better than
91.97% of 2728 companies
in the Software industry
Industry Median: 63.355 vs ATCH: 19.46

AtlasClear Holdings's Days Sales Outstanding increased from Dec. 2023 (0.00) to Dec. 2024 (8.72).

AtlasClear Holdings Days Sales Outstanding Historical Data

The historical data trend for AtlasClear 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.

AtlasClear Holdings Days Sales Outstanding Chart

AtlasClear Holdings Annual Data
Trend Jun22 Jun23
Days Sales Outstanding
32.11 27.45

AtlasClear Holdings Quarterly Data
Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only - 49.39 25.26 16.19 8.72

Competitive Comparison of AtlasClear Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, AtlasClear 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.

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

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

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


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AtlasClear 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.

AtlasClear 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
=( (1.171 + 0.196) / 2 ) / 9.089*365
=0.6835 / 9.089*365
=27.45

AtlasClear Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (0.171 + 0.354) / 2 ) / 2.746*365 / 4
=0.2625 / 2.746*365 / 4
=8.72

* 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.

AtlasClear Holdings  (AMEX:ATCH) Days Sales Outstanding Explanation

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

AtlasClear Holdings Days Sales Outstanding Related Terms

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AtlasClear Holdings Business Description

Industry
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Traded in Other Exchanges
N/A
Address
4030 Henderson Boulevard, Suite 712, Tampa, FL, USA, 33629
Website
https://www.atlasclear.com
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement, and banking of evolving and innovative financial products with a focus on financial services firms. It is a fintech-driven business-to-business platform that expects to power innovation in fintech, investing, and trading. The company believes it is positioned to provide a modern, mission-critical suite of solutions to its clients, enabling them to reduce their transaction costs and compete more effectively in their businesses.