Guardforce AI Co (Guardforce AI Co) Days Sales Outstanding : 54.95 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Guardforce AI Co Days Sales Outstanding?

Guardforce AI Co's average Accounts Receivable for the six months ended in Dec. 2023 was $5.38 Mil. Guardforce AI Co's Revenue for the six months ended in Dec. 2023 was $17.87 Mil. Hence, Guardforce AI Co's Days Sales Outstanding for the six months ended in Dec. 2023 was 54.95.

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

GFAIW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.66 Med: 54.79 Max: 55.56
Current: 54.19

During the past 5 years, Guardforce AI Co's highest Days Sales Outstanding was 55.56. The lowest was 52.66. And the median was 54.79.

GFAIW's Days Sales Outstanding is ranked better than
55.64% of 1037 companies
in the Business Services industry
Industry Median: 58.74 vs GFAIW: 54.19

Guardforce AI Co's Days Sales Outstanding declined from Dec. 2022 (58.24) to Dec. 2023 (54.95).

Guardforce AI Co Days Sales Outstanding Historical Data

The historical data trend for Guardforce AI Co'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.

Guardforce AI Co Days Sales Outstanding Chart

Guardforce AI Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

52.66

53.49

54.79

55.56

55.49

Guardforce AI Co Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial				60.20	56.03	58.24	52.17	54.95

Competitive Comparison of Guardforce AI Co's Days Sales Outstanding

For the Security & Protection Services subindustry, Guardforce AI Co'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.

Guardforce AI Co's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Guardforce AI Co's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Guardforce AI Co's Days Sales Outstanding falls into.

Guardforce AI Co 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.

Guardforce AI Co'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
=	( (5.4	+	5.631)	/	2 )	/	36.281	*	365
=	5.5155					/	36.281	*	365
=	55.49

Guardforce AI Co'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
=	( (5.128	+	5.631)	/	2 )	/	17.867	*	365 / 2
=	5.3795					/	17.867	*	365 / 2
=	54.95

Guardforce AI Co (NAS:GFAIW) Days Sales Outstanding Explanation

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

Guardforce AI Co Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Guardforce AI Co's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Guardforce AI Co (Guardforce AI Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Guardforce AI Co Ltd (NAS:GFAIW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

GFAI:USA

Address

10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903

Website

https://www.guardforceai.com

Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.