Limitless Venture Group (Limitless Venture Group) Days Sales Outstanding : 21.96 (As of Jun. 2022)

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What is Limitless Venture Group Days Sales Outstanding?

Limitless Venture Group's average Accounts Receivable for the six months ended in Jun. 2022 was $0.08 Mil. Limitless Venture Group's Revenue for the six months ended in Jun. 2022 was $0.70 Mil. Hence, Limitless Venture Group's Days Sales Outstanding for the six months ended in Jun. 2022 was 21.96.

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

LVGI's Days Sales Outstanding is not ranked ^*
in the Asset Management industry.
Industry Median: 51.21
* Ranked among companies with meaningful Days Sales Outstanding only.

Limitless Venture Group's Days Sales Outstanding increased from . 20 (0.00) to Jun. 2022 (21.96).

Limitless Venture Group Days Sales Outstanding Historical Data

The historical data trend for Limitless Venture Group'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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Limitless Venture Group Days Sales Outstanding Chart

Limitless Venture Group Annual Data

Trend

Days Sales Outstanding

Limitless Venture Group Semi-Annual Data
	Jun21	Jun22
Days Sales Outstanding	-	21.96

Competitive Comparison of Limitless Venture Group's Days Sales Outstanding

For the Asset Management subindustry, Limitless Venture Group'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.

Limitless Venture Group's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Limitless Venture Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Limitless Venture Group's Days Sales Outstanding falls into.

Limitless Venture Group 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.

Limitless Venture Group's Days Sales Outstanding for the fiscal year that ended in . 20 is calculated as

	Days Sales Outstanding (A: . 20 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: . 20 )	+	Accounts Receivable (A: . 20 ))	/	count )	/	Revenue (A: . 20 )	*	Days in Period
=	( (	+	)	/	1 )	/		*	365
=	0					/		*	365
=	N/A

Limitless Venture Group's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding (Q: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (0	+	0.084)	/	1 )	/	0.698	*	365 / 2
=	0.084					/	0.698	*	365 / 2
=	21.96

Limitless Venture Group (OTCPK:LVGI) Days Sales Outstanding Explanation

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

Limitless Venture Group Days Sales Outstanding Related Terms

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Limitless Venture Group (Limitless Venture Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Limitless Venture Group Inc (OTCPK:LVGI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

121 East 35 Street, Tulsa, OK, USA, 74105

Website

https://www.lvginc.com

Limitless Venture Group Inc provides its shareholders with access to leading small and medium businesses. The company owns controlling interests in its subsidiary businesses and partners with their management teams to build businesses that can unlock vital value for shareholders.