Triterras (Triterras) Days Sales Outstanding : 293.77 (As of Aug. 2022)

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What is Triterras Days Sales Outstanding?

Triterras's average Accounts Receivable for the six months ended in Aug. 2022 was $42.51 Mil. Triterras's Revenue for the six months ended in Aug. 2022 was $26.41 Mil. Hence, Triterras's Days Sales Outstanding for the six months ended in Aug. 2022 was 293.77.

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

TRIRF's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 61.8
* Ranked among companies with meaningful Days Sales Outstanding only.

Triterras's Days Sales Outstanding increased from Aug. 2021 (238.16) to Aug. 2022 (293.77).

Triterras Days Sales Outstanding Historical Data

The historical data trend for Triterras'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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Triterras Days Sales Outstanding Chart

Triterras Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Days Sales Outstanding

289.33

119.25

214.78

Triterras Semi-Annual Data
	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22
Days Sales Outstanding	Get a 7-Day Free Trial			101.43	102.77	238.16	217.89	293.77

Competitive Comparison of Triterras's Days Sales Outstanding

For the Software - Application subindustry, Triterras'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.

Triterras's Days Sales Outstanding Distribution in the Software Industry

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

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

Triterras 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.

Triterras's Days Sales Outstanding for the fiscal year that ended in Feb. 2022 is calculated as

	Days Sales Outstanding (A: Feb. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2021 )	+	Accounts Receivable (A: Feb. 2022 ))	/	count )	/	Revenue (A: Feb. 2022 )	*	Days in Period
=	( (22.853	+	43.851)	/	2 )	/	56.68	*	365
=	33.352					/	56.68	*	365
=	214.78

Triterras's Days Sales Outstanding for the quarter that ended in Aug. 2022 is calculated as:

	Days Sales Outstanding (Q: Aug. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Feb. 2022 )	+	Accounts Receivable (A: Aug. 2022 ))	/	count )	/	Revenue (A: Aug. 2022 )	*	Days in Period
=	( (43.851	+	41.16)	/	2 )	/	26.406	*	365 / 2
=	42.5055					/	26.406	*	365 / 2
=	293.77

Triterras (OTCPK:TRIRF) Days Sales Outstanding Explanation

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

Triterras Days Sales Outstanding Related Terms

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Triterras (Triterras) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Triterras Inc (OTCPK:TRIRF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 23-04 Republic Plaza, 9 Raffles Place, Singapore, SGP, 048619

Website

https://www.triterras.com

Triterras Inc is a fintech company. The company is focused on trade and trade finance. Its technology platform facilitates commodities trading that connects and enables commodity traders to trade and source capital from lenders directly online. Also, the company focuses on credit insurance and logistics solutions for small and medium-sized enterprises using innovative blockchain-enabled technology.