Smart Card Marketing Systems (Smart Card Marketing Systems) Days Sales Outstanding : 2,851.56 (As of Jun. 2023)

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What is Smart Card Marketing Systems Days Sales Outstanding?

Smart Card Marketing Systems's average Accounts Receivable for the three months ended in Jun. 2023 was $0.38 Mil. Smart Card Marketing Systems's Revenue for the three months ended in Jun. 2023 was $0.01 Mil. Hence, Smart Card Marketing Systems's Days Sales Outstanding for the three months ended in Jun. 2023 was 2,851.56.

The historical rank and industry rank for Smart Card Marketing Systems's Days Sales Outstanding or its related term are showing as below:

SMKG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 58.53 Med: 86.5 Max: 496.92
Current: 496.92

During the past 2 years, Smart Card Marketing Systems's highest Days Sales Outstanding was 496.92. The lowest was 58.53. And the median was 86.50.

SMKG's Days Sales Outstanding is not ranked
in the Software industry.
Industry Median: 61.83 vs SMKG: 496.92

Smart Card Marketing Systems's Days Sales Outstanding increased from Mar. 2022 (143.29) to Jun. 2023 (2,851.56).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Smart Card Marketing Systems Days Sales Outstanding Historical Data

The historical data trend for Smart Card Marketing Systems'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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Smart Card Marketing Systems Days Sales Outstanding Chart

Smart Card Marketing Systems Annual Data

Trend

Dec20

Dec21

Days Sales Outstanding

58.53

114.46

Smart Card Marketing Systems Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial							143.29	167.74	168.84	495.92	2,851.56

Competitive Comparison of Smart Card Marketing Systems's Days Sales Outstanding

For the Software - Infrastructure subindustry, Smart Card Marketing Systems'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.

Smart Card Marketing Systems's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Smart Card Marketing Systems's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Smart Card Marketing Systems's Days Sales Outstanding falls into.

Smart Card Marketing Systems 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.

Smart Card Marketing Systems's Days Sales Outstanding for the fiscal year that ended in Dec. 2021 is calculated as

	Days Sales Outstanding (A: Dec. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2020 )	+	Accounts Receivable (A: Dec. 2021 ))	/	count )	/	Revenue (A: Dec. 2021 )	*	Days in Period
=	( (0.072	+	0.182)	/	2 )	/	0.405	*	365
=	0.127					/	0.405	*	365
=	114.46

Smart Card Marketing Systems'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
=	( (0.375	+	0.375)	/	2 )	/	0.012	*	365 / 4
=	0.375					/	0.012	*	365 / 4
=	2,851.56

Smart Card Marketing Systems (OTCPK:SMKG) Days Sales Outstanding Explanation

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

Smart Card Marketing Systems Days Sales Outstanding Related Terms

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Smart Card Marketing Systems (Smart Card Marketing Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smart Card Marketing Systems Inc (OTCPK:SMKG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

20c Trolley Square, Wilmington, DE, USA, 19806

Website

https://www.smartcardmarketingsystems.com

Smart Card Marketing Systems Inc is a fintech and paytech company in specialized ecommerce, cloud and mobility marketplace and applications to the global banking, telecom, retail and digital realm markets. It is an entrepreneurial boutique technology company, providing business intelligence and digital transformation strategies with a proprietary portfolio of commercial strategies and wireframes for banking, enterprises, retail e-wallets, digital id, cross-border payments, blockchain, crypto issuing, chatbot ai, nft, e-KYC, digital workforce, events & media management, edtech, tele- med and transit-booking industries.