DVLP (Golden Developing Solutions) Days Sales Outstanding: 46.71 (As of Jun. 2023)

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What is Golden Developing Solutions Days Sales Outstanding?

Golden Developing Solutions DVLP -90.00% Days Sales Outstanding is 46.71 as of Jun. 2023.

Golden Developing Solutions's average Accounts Receivable for the three months ended in Jun. 2023 was $0.45 Mil. Golden Developing Solutions's Revenue for the three months ended in Jun. 2023 was $0.88 Mil. Hence, Golden Developing Solutions's Days Sales Outstanding for the three months ended in Jun. 2023 was 46.71.

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

DVLP's Days Sales Outstanding is not ranked *
in the Drug Manufacturers industry.
Industry Median: 71.98
* Ranked among companies with meaningful Days Sales Outstanding only.

Golden Developing Solutions's Days Sales Outstanding increased from Mar. 2022 (0.00) to Jun. 2023 (46.71).


Golden Developing Solutions  (OTCPK:DVLP) Days Sales Outstanding Explanation

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


Golden Developing Solutions Days Sales Outstanding Related Terms


Golden Developing Solutions Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Golden Developing Solutions'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.

Golden Developing Solutions Days Sales Outstanding Chart

Golden Developing Solutions Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
0.00 0.00 0.00 0.00

Golden Developing Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 287.17 46.71

DVLP vs CSTF, BLMS, BBBT: Days Sales Outstanding Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Golden Developing Solutions'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.


Golden Developing Solutions Days Sales Outstanding vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Golden Developing Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Golden Developing Solutions's Days Sales Outstanding falls into.



Golden Developing Solutions 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.

Golden Developing Solutions's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Golden Developing Solutions'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: Mar. 2023 ) + Accounts Receivable (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )*Days in Period
=( (0.535 + 0.368) / 2 ) / 0.882*365 / 4
=0.4515 / 0.882*365 / 4
=46.71

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 46.71 mean?
Golden Developing Solutions (DVLP) has a Days Sales Outstanding of 46.71 as of Jun. 2023. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Golden Developing Solutions and its competitors.
Is Golden Developing Solutions' Days Sales Outstanding too high?
Golden Developing Solutions' current Days Sales Outstanding is 46.71. The Drug Manufacturers industry median Days Sales Outstanding is 71.98. Golden Developing Solutions' value of 46.71 is 35.1% below this industry median.
How does Golden Developing Solutions' Days Sales Outstanding compare to CSTF and BLMS?
Golden Developing Solutions' Days Sales Outstanding of 46.71 can be compared against companies in the Drug Manufacturers industry. The industry median Days Sales Outstanding is 71.98. Golden Developing Solutions' value of 46.71 is 35.1% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Drug Manufacturers company?
The median Days Sales Outstanding among Drug Manufacturers companies is 71.98, based on 947 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Golden Developing Solutions's current Days Sales Outstanding of 46.71 is 35.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Golden Developing Solutions and its competitors. For the Drug Manufacturers industry, the median Days Sales Outstanding is 71.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Developing Solutions's current Days Sales Outstanding is 46.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Developing Solutions stock overvalued right now?
Golden Developing Solutions (DVLP) has a current Days Sales Outstanding of 46.71. The current Days Sales Outstanding is 46.71 and 35.1% below the Drug Manufacturers industry median of 71.98. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Golden Developing Solutions (DVLP), the current Days Sales Outstanding is 46.71 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Golden Developing Solutions Business Description

Address PO Box 460573, Fort Lauderdale, FL, USA, 33346
Golden Developing Solutions Inc is a development-stage company providing business services and/or products supporting Health, Wellness, and Technology. The company is also focused on acquisitions of synergistic companies.