Spetz (XCNQ:SPTZ) Days Sales Outstanding : 78.84 (As of Mar. 2024)

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What is Spetz Days Sales Outstanding?

Spetz's average Accounts Receivable for the three months ended in Mar. 2024 was C$0.64 Mil. Spetz's Revenue for the three months ended in Mar. 2024 was C$0.74 Mil. Hence, Spetz's Days Sales Outstanding for the three months ended in Mar. 2024 was 78.84.

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

XCNQ:SPTZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 83.14 Med: 159.17 Max: 876
Current: 83.14

During the past 5 years, Spetz's highest Days Sales Outstanding was 876.00. The lowest was 83.14. And the median was 159.17.

XCNQ:SPTZ's Days Sales Outstanding is ranked worse than
68.01% of 2732 companies
in the Software industry
Industry Median: 61.675 vs XCNQ:SPTZ: 83.14

Spetz's Days Sales Outstanding declined from Mar. 2023 (81.60) to Mar. 2024 (78.84).

Spetz Days Sales Outstanding Historical Data

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

Spetz Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Dec23

Days Sales Outstanding

876.00

137.15

181.18

85.06

Spetz Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															81.60	70.60	89.48	112.57	78.84

Competitive Comparison of Spetz's Days Sales Outstanding

For the Software - Application subindustry, Spetz'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.

Spetz's Days Sales Outstanding Distribution in the Software Industry

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

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

Spetz 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.

Spetz'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: Jan. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0.635)	/	1 )	/	2.725	*	365
=	0.635					/	2.725	*	365
=	85.06

Spetz'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
=	( (0.635	+	0.635)	/	2 )	/	0.735	*	365 / 4
=	0.635					/	0.735	*	365 / 4
=	78.84

Spetz (XCNQ:SPTZ) Days Sales Outstanding Explanation

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

Spetz Days Sales Outstanding Related Terms

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Spetz (XCNQ:SPTZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Spetz Inc (XCNQ:SPTZ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

DBKSF:USA

Address

200 Cochrane Drive, Unit 1A, Markham, ON, CAN, L3R 8E7

Website

https://www.spetz.app

Spetz Inc is a technology company that primarily operates Spetz, a global online, AIpowered marketplace platform that dynamically connects consumers to nearby top-rated service providers in as little as 30 seconds. Spetz currently operates in the United States, United Kingdom, Australia and Israel. The Company has launched two Spetz applications for both sides of the market; one for consumers and one for service providers (collectively the Spetz App). The Spetz App is available for download on the iOS App Store and Google Play Store.

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