TrackX Holdings (TSXV:TKX.H) Days Sales Outstanding : 266.93 (As of Jun. 2022)

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What is TrackX Holdings Days Sales Outstanding?

TrackX Holdings's average Accounts Receivable for the three months ended in Jun. 2022 was C$1.02 Mil. TrackX Holdings's Revenue for the three months ended in Jun. 2022 was C$0.35 Mil. Hence, TrackX Holdings's Days Sales Outstanding for the three months ended in Jun. 2022 was 266.93.

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

TSXV:TKX.H's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 61.83
* Ranked among companies with meaningful Days Sales Outstanding only.

TrackX Holdings's Days Sales Outstanding increased from Jun. 2021 (196.48) to Jun. 2022 (266.93).

TrackX Holdings Days Sales Outstanding Historical Data

The historical data trend for TrackX Holdings'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.

TrackX Holdings Days Sales Outstanding Chart

TrackX Holdings Annual Data

Trend

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Days Sales Outstanding

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42.18

52.87

51.92

51.59

69.33

TrackX Holdings Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Sales Outstanding	Get a 7-Day Free Trial															196.48	82.74	183.62	248.16	266.93

Competitive Comparison of TrackX Holdings's Days Sales Outstanding

For the Software - Application subindustry, TrackX Holdings'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.

TrackX Holdings's Days Sales Outstanding Distribution in the Software Industry

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

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

TrackX Holdings 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.

TrackX Holdings's Days Sales Outstanding for the fiscal year that ended in Sep. 2021 is calculated as

	Days Sales Outstanding (A: Sep. 2021 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2020 )	+	Accounts Receivable (A: Sep. 2021 ))	/	count )	/	Revenue (A: Sep. 2021 )	*	Days in Period
=	( (0.209	+	1.118)	/	2 )	/	3.493	*	365
=	0.6635					/	3.493	*	365
=	69.33

TrackX Holdings's Days Sales Outstanding for the quarter that ended in Jun. 2022 is calculated as:

	Days Sales Outstanding (Q: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (0.996	+	1.04)	/	2 )	/	0.348	*	365 / 4
=	1.018					/	0.348	*	365 / 4
=	266.93

TrackX Holdings (TSXV:TKX.H) Days Sales Outstanding Explanation

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

TrackX Holdings Days Sales Outstanding Related Terms

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TrackX Holdings (TSXV:TKX.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TrackX Holdings Inc (TSXV:TKX.H) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.trackx.com

TrackX Holdings Inc provides cloud-based, asset tracking solutions for supply chain and logistics-intensive businesses. Its platform combines support for multiple auto-identification (ID) technologies, workflow, event management, alert notifications, and analytics. The company solutions include high-value asset tracking, yard management, returnable asset management, manufacturing process tracking, and supply chain management, and mobile inventory management solutions. It delivers services to various industries, including transportation, government, healthcare, hi-tech, hospitality, mining, beverage, agriculture, and horticulture. Its operations are primarily conducted in the United States.

TrackX Holdings (TSXV:TKX.H) Headlines

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