Gryphon Digital Mining (Gryphon Digital Mining) Days Sales Outstanding : 15.43 (As of Dec. 2023)

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What is Gryphon Digital Mining Days Sales Outstanding?

Gryphon Digital Mining's average Accounts Receivable for the six months ended in Dec. 2023 was $0.29 Mil. Gryphon Digital Mining's Revenue for the six months ended in Dec. 2023 was $6.84 Mil. Hence, Gryphon Digital Mining's Days Sales Outstanding for the six months ended in Dec. 2023 was 7.72.

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

GRYP' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.6 Med: 11.8 Max: 15.43
Current: 15.43

During the past 3 years, Gryphon Digital Mining's highest Days Sales Outstanding was 15.43. The lowest was 9.60. And the median was 11.80.

GRYP's Days Sales Outstanding is ranked better than
80.65% of 558 companies
in the Capital Markets industry
Industry Median: 62.115 vs GRYP: 15.43

Gryphon Digital Mining's Days Sales Outstanding increased from Dec. 2021 (11.80) to Dec. 2023 (15.43).

Gryphon Digital Mining Days Sales Outstanding Historical Data

The historical data trend for Gryphon Digital Mining'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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Gryphon Digital Mining Days Sales Outstanding Chart

Gryphon Digital Mining Annual Data

Trend

Dec21

Dec22

Dec23

Days Sales Outstanding

11.80

9.60

15.43

Gryphon Digital Mining Semi-Annual Data
	Dec21	Dec22	Dec23
Days Sales Outstanding	11.80	9.60	15.43

Competitive Comparison of Gryphon Digital Mining's Days Sales Outstanding

For the Capital Markets subindustry, Gryphon Digital Mining'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.

Gryphon Digital Mining's Days Sales Outstanding Distribution in the Capital Markets Industry

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

* The bar in red indicates where Gryphon Digital Mining's Days Sales Outstanding falls into.

Gryphon Digital Mining 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.

Gryphon Digital Mining'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
=	( (0.43	+	0.148)	/	2 )	/	6.836	*	365
=	0.289					/	6.836	*	365
=	15.43

Gryphon Digital Mining'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: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.43	+	0.148)	/	2 )	/	6.836	*	365 / 2
=	0.289					/	6.836	*	365 / 2
=	7.72

Gryphon Digital Mining (NAS:GRYP) Days Sales Outstanding Explanation

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

Gryphon Digital Mining Days Sales Outstanding Related Terms

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Gryphon Digital Mining (Gryphon Digital Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Gryphon Digital Mining Inc (NAS:GRYP) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

5953 Mabel Road, Unit 138, Las Vegas, NV, USA, 89110

Website

https://gryphondigitalmining.com

Gryphon Digital Mining Inc is a Bitcoin mining company. Gryphon's mission is to create the world's leading net carbon-neutral Bitcoin miner. The Company will operate a digital asset, mining operation using specialized computers equipped with application-specific integrated circuit (ASIC) chips to solve complex cryptographic algorithms in support of the Bitcoin blockchain in exchange for cryptocurrency rewards (primarily Bitcoin).

Gryphon Digital Mining (Gryphon Digital Mining) Headlines

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