SmartPay Holdings (NZSE:SPY) Days Sales Outstanding : 74.16 (As of Mar. 2024)

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What is SmartPay Holdings Days Sales Outstanding?

SmartPay Holdings's average Accounts Receivable for the six months ended in Mar. 2024 was NZ$20.06 Mil. SmartPay Holdings's Revenue for the six months ended in Mar. 2024 was NZ$49.36 Mil. Hence, SmartPay Holdings's Days Sales Outstanding for the six months ended in Mar. 2024 was 74.16.

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

NZSE:SPY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 7.83 Med: 25.25 Max: 114.1
Current: 53.43

During the past 13 years, SmartPay Holdings's highest Days Sales Outstanding was 114.10. The lowest was 7.83. And the median was 25.25.

NZSE:SPY's Days Sales Outstanding is ranked better than
60.61% of 2724 companies
in the Software industry
Industry Median: 61.82 vs NZSE:SPY: 53.43

SmartPay Holdings's Days Sales Outstanding increased from Mar. 2023 (45.52) to Mar. 2024 (74.16).

SmartPay Holdings Days Sales Outstanding Historical Data

The historical data trend for SmartPay 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.

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SmartPay Holdings Days Sales Outstanding Chart

SmartPay Holdings Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Sales Outstanding

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70.14

17.09

13.79

9.63

7.83

SmartPay Holdings Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															38.26	53.54	45.52	78.40	74.16

Competitive Comparison of SmartPay Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, SmartPay 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.

SmartPay Holdings's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, SmartPay Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where SmartPay Holdings's Days Sales Outstanding falls into.

SmartPay 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.

SmartPay Holdings's Days Sales Outstanding for the fiscal year that ended in Mar. 2024 is calculated as

	Days Sales Outstanding (A: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (2.159	+	1.97)	/	2 )	/	96.277	*	365
=	2.0645					/	96.277	*	365
=	7.83

SmartPay Holdings's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (38.15	+	1.97)	/	2 )	/	49.364	*	365 / 2
=	20.06					/	49.364	*	365 / 2
=	74.16

SmartPay Holdings (NZSE:SPY) Days Sales Outstanding Explanation

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

SmartPay Holdings Days Sales Outstanding Related Terms

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SmartPay Holdings (NZSE:SPY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SmartPay Holdings Ltd (NZSE:SPY) » Definitions » Days Sales Outstanding

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SMP:Australia

Address

205-209 Wairau Road, Wairau Valley, Auckland, NZL, 0627

Website

https://www.smartpay.co.nz

SmartPay Holdings Ltd is engaged in the provision of payment solutions. It offers an electronic funds transfer at point of sale (EFTPOS) system. Its products include EFTPOS applications, Smartpay Labs, EFTPOS terminals, and mobile EFTPOS machines. The company designs develops and implements payment solutions for customers in New Zealand and Australia. It also licenses its technologies to third parties. The firm's majority of revenue comes from New Zealand.