Remark Holdings (LTS:0A4R) Days Sales Outstanding : 287.90 (As of Mar. 2024)

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What is Remark Holdings Days Sales Outstanding?

Remark Holdings's average Accounts Receivable for the three months ended in Mar. 2024 was $1.22 Mil. Remark Holdings's Revenue for the three months ended in Mar. 2024 was $0.39 Mil. Hence, Remark Holdings's Days Sales Outstanding for the three months ended in Mar. 2024 was 287.90.

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

LTS:0A4R' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.52 Med: 148.52 Max: 280.88
Current: 214.58

During the past 13 years, Remark Holdings's highest Days Sales Outstanding was 280.88. The lowest was 6.52. And the median was 148.52.

LTS:0A4R's Days Sales Outstanding is ranked worse than
91.14% of 2732 companies
in the Software industry
Industry Median: 61.675 vs LTS:0A4R: 214.58

Remark Holdings's Days Sales Outstanding declined from Mar. 2023 (320.92) to Mar. 2024 (287.90).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Remark Holdings Days Sales Outstanding Historical Data

The historical data trend for Remark 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.

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Remark Holdings Days Sales Outstanding Chart

Remark Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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280.88

125.76

174.56

208.97

181.50

Remark Holdings 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															320.92	88.80	1,617.57	874.14	287.90

Competitive Comparison of Remark Holdings's Days Sales Outstanding

For the Software - Infrastructure subindustry, Remark 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.

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

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

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

Remark 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.

Remark Holdings'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
=	( (3.091	+	1.287)	/	2 )	/	4.402	*	365
=	2.189					/	4.402	*	365
=	181.50

Remark Holdings'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
=	( (1.287	+	1.155)	/	2 )	/	0.387	*	365 / 4
=	1.221					/	0.387	*	365 / 4
=	287.90

Remark Holdings (LTS:0A4R) Days Sales Outstanding Explanation

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

Remark Holdings Days Sales Outstanding Related Terms

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Remark Holdings (LTS:0A4R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Remark Holdings Inc (LTS:0A4R) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MARK:USA 3SW:Germany

Address

800 S Commerce Street, Las Vegas, NV, USA, 89106

Website

https://www.remarkholdings.com

Remark Holdings Inc delivers an integrated suite of AI solutions that enable businesses and organizations to solve problems, reduce risk and deliver positive outcomes. The company's easy-to-install AI products are being rolled out in a range of applications within the retail, financial, public safety, and workplace arenas. The company also owns and operates digital media properties that deliver relevant content and e-commerce solutions.

Remark Holdings (LTS:0A4R) Headlines

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