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Leet Technology (Leet Technology) Days Sales Outstanding : 19.69 (As of Mar. 2024)


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What is Leet Technology Days Sales Outstanding?

Leet Technology's average Accounts Receivable for the three months ended in Mar. 2024 was $0.04 Mil. Leet Technology's Revenue for the three months ended in Mar. 2024 was $0.20 Mil. Hence, Leet Technology's Days Sales Outstanding for the three months ended in Mar. 2024 was 19.69.

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

LTES' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.59   Med: 31.82   Max: 212.52
Current: 28.73

During the past 10 years, Leet Technology's highest Days Sales Outstanding was 212.52. The lowest was 6.59. And the median was 31.82.

LTES's Days Sales Outstanding is ranked better than
85.78% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.13 vs LTES: 28.73

Leet Technology's Days Sales Outstanding declined from Mar. 2023 (173.19) to Mar. 2024 (19.69).


Leet Technology Days Sales Outstanding Historical Data

The historical data trend for Leet Technology'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.

Leet Technology Days Sales Outstanding Chart

Leet Technology Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.06 55.00 118.77 212.52 100.17

Leet Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 173.19 27.09 92.59 19.18 19.69

Competitive Comparison of Leet Technology's Days Sales Outstanding

For the Entertainment subindustry, Leet Technology'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.


Leet Technology's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Leet Technology's Days Sales Outstanding distribution charts can be found below:

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



Leet Technology 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.

Leet Technology'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
=( (0.157 + 0.017) / 2 ) / 0.317*365
=0.087 / 0.317*365
=100.17

Leet Technology'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
=( (0.017 + 0.068) / 2 ) / 0.197*365 / 4
=0.0425 / 0.197*365 / 4
=19.69

* 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.


Leet Technology  (OTCPK:LTES) Days Sales Outstanding Explanation

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


Leet Technology Days Sales Outstanding Related Terms

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Leet Technology (Leet Technology) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Othman, 805, 8th Floor, Menara Mutiara Majestic, Petaling Jaya, SGR, MYS, 46000
Leet Technology Inc is a technology company developing and operating platforms focused on eSports platform in Malaysia. Its gaming platform allows tournament organizers, brands, players, and game developers to organize esports tournaments utilizing their platform tools.
Executives
Dai Song director, 10 percent owner, officer: CEO, CFO, Secretary 803 & 805, 8TH FLOOR, MENARA MUTIARA MAJECTIC, JALAN OTHMAN, PETALING JAYA N8 46000
Doheny Group, Llc 10 percent owner 1702 S. ROBERTSON BLVD, #111, LOS ANGELES CA 90035
David Haridim director, 10 percent owner, officer: Pres., CEO, CFO, Secretary 1427 S ROBERTSON BLVD, LOS ANGELES CA 90035
Laurence Wainer director, 10 percent owner, officer: President 137 SOUTH ROBERSTON BOULEVARD, BEVERLY HILLS CA 90211
James M Cassidy other: former president and director 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop other: former vp and director 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212