Cathedra Bitcoin (TSXV:CBIT) Days Sales Outstanding : 12.57 (As of Dec. 2024)

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What is Cathedra Bitcoin Days Sales Outstanding?

Cathedra Bitcoin's average Accounts Receivable for the three months ended in Dec. 2024 was C$0.79 Mil. Cathedra Bitcoin's Revenue for the three months ended in Dec. 2024 was C$5.72 Mil. Hence, Cathedra Bitcoin's Days Sales Outstanding for the three months ended in Dec. 2024 was 12.57.

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

TSXV:CBIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.96 Med: 27.29 Max: 32.61
Current: 30.6

During the past 2 years, Cathedra Bitcoin's highest Days Sales Outstanding was 32.61. The lowest was 21.96. And the median was 27.29.

TSXV:CBIT's Days Sales Outstanding is ranked better than
64.85% of 569 companies
in the Capital Markets industry
Industry Median: 56.44 vs TSXV:CBIT: 30.60

Cathedra Bitcoin's Days Sales Outstanding increased from . 20 (0.00) to Dec. 2024 (12.57).

Cathedra Bitcoin Days Sales Outstanding Historical Data

The historical data trend for Cathedra Bitcoin'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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Cathedra Bitcoin Days Sales Outstanding Chart

Cathedra Bitcoin Annual Data

Trend

Dec23

Dec24

Days Sales Outstanding

32.61

21.96

Cathedra Bitcoin Quarterly Data
	Sep23	Dec23	Sep24	Dec24
Days Sales Outstanding	-	21.97	11.40	12.57

Competitive Comparison of Cathedra Bitcoin's Days Sales Outstanding

For the Capital Markets subindustry, Cathedra Bitcoin'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.

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

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

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

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Cathedra Bitcoin 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.

Cathedra Bitcoin's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

	Days Sales Outstanding (A: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (1.336	+	1.449)	/	2 )	/	23.144	*	365
=	1.3925					/	23.144	*	365
=	21.96

Cathedra Bitcoin's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

	Days Sales Outstanding (Q: Dec. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2024 )	+	Accounts Receivable (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )	*	Days in Period
=	( (0.128	+	1.449)	/	2 )	/	5.723	*	365 / 4
=	0.7885					/	5.723	*	365 / 4
=	12.57

Cathedra Bitcoin (TSXV:CBIT) Days Sales Outstanding Explanation

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

Cathedra Bitcoin Days Sales Outstanding Related Terms

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Cathedra Bitcoin Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

CBTTF:USA FB0:Germany

Address

422 Richards Street, Unit 170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.cathedra.com

Cathedra Bitcoin Inc develops and operates high-density compute infrastructure across North America. The company hosts bitcoin mining clients across its portfolio of three data centers (30 MW total) in Tennessee and Kentucky. Additionally, Cathedra is a partner in a joint venture that is developing a 60-MW data center in North Dakota, which will also host Bitcoin miners. It also operates a fleet of proprietary bitcoin mining machines at its own and third-party data centers, producing approximately 400 PH/s of hash rate. The company is focused on expanding its portfolio of data center infrastructure for high-density computing applications, including bitcoin mining and artificial intelligence.

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