Bitcoin Well (TSXV:BTCW) Days Sales Outstanding : 3.21 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Bitcoin Well Days Sales Outstanding?

Bitcoin Well's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.57 Mil. Bitcoin Well's Revenue for the three months ended in Mar. 2024 was C$16.18 Mil. Hence, Bitcoin Well's Days Sales Outstanding for the three months ended in Mar. 2024 was 3.21.

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

TSXV:BTCW' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.39 Med: 0.83 Max: 3.57
Current: 3.57

During the past 5 years, Bitcoin Well's highest Days Sales Outstanding was 3.57. The lowest was 0.39. And the median was 0.83.

TSXV:BTCW's Days Sales Outstanding is ranked better than
90.43% of 564 companies
in the Capital Markets industry
Industry Median: 61.895 vs TSXV:BTCW: 3.57

Bitcoin Well's Days Sales Outstanding increased from Mar. 2023 (0.75) to Mar. 2024 (3.21).

Bitcoin Well Days Sales Outstanding Historical Data

The historical data trend for Bitcoin Well'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.

* Premium members only.

Bitcoin Well Days Sales Outstanding Chart

Bitcoin Well Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

0.50

0.39

0.83

1.27

2.25

Bitcoin Well Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial													0.75	-	-	3.83	3.21

Competitive Comparison of Bitcoin Well's Days Sales Outstanding

For the Capital Markets subindustry, Bitcoin Well'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.

Bitcoin Well's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitcoin Well's Days Sales Outstanding distribution charts can be found below:

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

Bitcoin Well 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.

Bitcoin Well's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.102	+	0.571)	/	2 )	/	54.532	*	365
=	0.3365					/	54.532	*	365
=	2.25

Bitcoin Well'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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (0.571	+	0.569)	/	2 )	/	16.181	*	365 / 4
=	0.57					/	16.181	*	365 / 4
=	3.21

Bitcoin Well (TSXV:BTCW) Days Sales Outstanding Explanation

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

Bitcoin Well Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Bitcoin Well's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Bitcoin Well (TSXV:BTCW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitcoin Well Inc (TSXV:BTCW) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

BCNWF:USA

Address

10142 82 Avenue NW, Suite 1900, Edmonton, AB, CAN, T6E 1Z4

Website

https://www.bitcoinwell.com

Bitcoin Well Inc offers ways to buy and sell bitcoin and other cryptocurrencies through a Bitcoin ATM network and suite of web-based transaction services.

Executives

Terry Curtis Rhode

Director