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AtlasClear Holdings (AtlasClear Holdings) Days Sales Outstanding : 27.45 (As of Jun. 2023)


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What is AtlasClear Holdings Days Sales Outstanding?

AtlasClear Holdings's average Accounts Receivable for the six months ended in Jun. 2023 was $0.68 Mil. AtlasClear Holdings's Revenue for the six months ended in Jun. 2023 was $9.09 Mil. Hence, AtlasClear Holdings's Days Sales Outstanding for the six months ended in Jun. 2023 was 13.72.

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 is not ranked *
in the Software industry.
Industry Median: 61.8
* Ranked among companies with meaningful Days Sales Outstanding only.

AtlasClear Holdings's Days Sales Outstanding increased from . 20 (0.00) to Jun. 2023 (27.45).

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
Days Sales Outstanding
32.11

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Days Sales Outstanding 32.11 27.45

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.


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. 2022 is calculated as

Days Sales Outstanding (A: Jun. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: . 20 ) + Accounts Receivable (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )*Days in Period
=( ( + 1.171) / 1 ) / 13.311*365
=1.171 / 13.311*365
=32.11

AtlasClear Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

Days Sales Outstanding (Q: 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 / 2
=0.6835 / 9.089*365 / 2
=13.72

* 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 (AtlasClear Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AtlasClear Holdings Inc (AMEX:ATCH) » Definitions » Days Sales Outstanding
Comparable Companies
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
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, generally with annual revenues up to $1 billion, including small and mid-sized banks, brokerage firms, hedge funds, pension plans, and family offices that are not adequately served by today's larger correspondent clearing firms and banks.

AtlasClear Holdings (AtlasClear Holdings) Headlines

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