Sparta Capital (TSXV:SAY) Days Sales Outstanding : 19.49 (As of Dec. 2023)

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What is Sparta Capital Days Sales Outstanding?

Sparta Capital's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.60 Mil. Sparta Capital's Revenue for the three months ended in Dec. 2023 was C$2.81 Mil. Hence, Sparta Capital's Days Sales Outstanding for the three months ended in Dec. 2023 was 19.49.

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

TSXV:SAY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 27.51 Med: 48.23 Max: 1113.25
Current: 29.89

During the past 13 years, Sparta Capital's highest Days Sales Outstanding was 1113.25. The lowest was 27.51. And the median was 48.23.

TSXV:SAY's Days Sales Outstanding is ranked better than
94.56% of 2957 companies
in the Industrial Products industry
Industry Median: 79.33 vs TSXV:SAY: 29.89

Sparta Capital's Days Sales Outstanding declined from Sep. 2022 (43.47) to Dec. 2023 (19.49).

Sparta Capital Days Sales Outstanding Historical Data

The historical data trend for Sparta Capital'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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Sparta Capital Days Sales Outstanding Chart

Sparta Capital Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Days Sales Outstanding

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43.34

46.47

72.21

56.16

42.49

Sparta Capital Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															43.47	22.81	21.78	25.89	19.49

Competitive Comparison of Sparta Capital's Days Sales Outstanding

For the Pollution & Treatment Controls subindustry, Sparta Capital'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.

Sparta Capital's Days Sales Outstanding Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sparta Capital's Days Sales Outstanding distribution charts can be found below:

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

Sparta Capital 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.

Sparta Capital's Days Sales Outstanding for the fiscal year that ended in Sep. 2022 is calculated as

	Days Sales Outstanding (A: Sep. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2021 )	+	Accounts Receivable (A: Sep. 2022 ))	/	count )	/	Revenue (A: Sep. 2022 )	*	Days in Period
=	( (0.88	+	0.511)	/	2 )	/	5.975	*	365
=	0.6955					/	5.975	*	365
=	42.49

Sparta Capital's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.472	+	0.727)	/	2 )	/	2.807	*	365 / 4
=	0.5995					/	2.807	*	365 / 4
=	19.49

Sparta Capital (TSXV:SAY) Days Sales Outstanding Explanation

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

Sparta Capital Days Sales Outstanding Related Terms

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Sparta Capital (TSXV:SAY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sparta Capital Ltd (TSXV:SAY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

390 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 2Y2

Website

https://www.spartagroup.ca

Sparta Capital Ltd is a Canada-based company focused on product development, manufacturing, distribution, sales, and service across a range of complementary products. The company's business segments include Illumineris; Re-Eco and Sparta. It generates maximum revenue from the Re-Eco Electronic segment.

Sparta Capital (TSXV:SAY) Headlines

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