Karbon-X (Karbon-X) Days Sales Outstanding : 7.20 (As of Feb. 2024)

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What is Karbon-X Days Sales Outstanding?

Karbon-X's average Accounts Receivable for the three months ended in Feb. 2024 was $0.02 Mil. Karbon-X's Revenue for the three months ended in Feb. 2024 was $0.25 Mil. Hence, Karbon-X's Days Sales Outstanding for the three months ended in Feb. 2024 was 7.20.

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

KARX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0 Med: 0 Max: 24.63
Current: 24.63

During the past 2 years, Karbon-X's highest Days Sales Outstanding was 24.63. The lowest was 0.00. And the median was 0.00.

KARX's Days Sales Outstanding is ranked better than
88.64% of 1021 companies
in the Media - Diversified industry
Industry Median: 67.38 vs KARX: 24.63

Karbon-X's Days Sales Outstanding declined from Feb. 2023 (22.81) to Feb. 2024 (7.20).

Karbon-X Days Sales Outstanding Historical Data

The historical data trend for Karbon-X'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.

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Karbon-X Days Sales Outstanding Chart

Karbon-X Annual Data

Trend

May22

May23

Days Sales Outstanding

Karbon-X Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial				22.81	-	-	35.49	7.20

Competitive Comparison of Karbon-X's Days Sales Outstanding

For the Advertising Agencies subindustry, Karbon-X'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.

Karbon-X's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Karbon-X's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Karbon-X's Days Sales Outstanding falls into.

Karbon-X 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.

Karbon-X's Days Sales Outstanding for the fiscal year that ended in May. 2023 is calculated as

	Days Sales Outstanding (A: May. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2022 )	+	Accounts Receivable (A: May. 2023 ))	/	count )	/	Revenue (A: May. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.01	*	365
=	0					/	0.01	*	365
=	0.00

Karbon-X's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (0.014	+	0.025)	/	2 )	/	0.247	*	365 / 4
=	0.0195					/	0.247	*	365 / 4
=	7.20

Karbon-X (OTCPK:KARX) Days Sales Outstanding Explanation

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

Karbon-X Days Sales Outstanding Related Terms

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Karbon-X (Karbon-X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Karbon-X Corp (OTCPK:KARX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

910 7TH AVE SW, SUITE 1000, Calgary, AB, CAN, T2P 3N8

Website

https://www.karbon-x.com

Karbon-X Corp is a tech-based carbon marketing company specializing in selling carbon credits direct to business or through an owned APP to the everyday person while investing in projects that have the potential to generate carbon credits and supplies in an online social media community to encourage change and growth. The Company sells carbon offsets to mining, forestry, civic earthworks, transportation and oil and gas servicing companies based on their total fossil fuel consumption for individual projects.