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Signing Day Sports (Signing Day Sports) Days Sales Outstanding : 16.59 (As of Sep. 2023)


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What is Signing Day Sports Days Sales Outstanding?

Signing Day Sports's average Accounts Receivable for the three months ended in Sep. 2023 was $0.01 Mil. Signing Day Sports's Revenue for the three months ended in Sep. 2023 was $0.06 Mil. Hence, Signing Day Sports's Days Sales Outstanding for the three months ended in Sep. 2023 was 16.59.

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

SGN' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.35   Med: 27.24   Max: 49.13
Current: 14.73

During the past 2 years, Signing Day Sports's highest Days Sales Outstanding was 49.13. The lowest was 5.35. And the median was 27.24.

SGN's Days Sales Outstanding is ranked better than
93.99% of 2728 companies
in the Software industry
Industry Median: 61.85 vs SGN: 14.73

Signing Day Sports's Days Sales Outstanding increased from Sep. 2022 (0.00) to Sep. 2023 (16.59).

Signing Day Sports Days Sales Outstanding Historical Data

The historical data trend for Signing Day Sports'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.

Signing Day Sports Days Sales Outstanding Chart

Signing Day Sports Annual Data
Trend Dec21 Dec22
Days Sales Outstanding
5.35 49.13

Signing Day Sports Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Sales Outstanding Get a 7-Day Free Trial - 208.57 17.63 4.29 16.59

Competitive Comparison of Signing Day Sports's Days Sales Outstanding

For the Software - Application subindustry, Signing Day Sports'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.

Signing Day Sports's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Signing Day Sports's Days Sales Outstanding falls into.


Signing Day Sports 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.

Signing Day Sports's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (0.005 + 0.016) / 2 ) / 0.078*365
=0.0105 / 0.078*365
=49.13

Signing Day Sports's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.01 + 0) / 1 ) / 0.055*365 / 4
=0.01 / 0.055*365 / 4
=16.59

* 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.

Signing Day Sports  (AMEX:SGN) Days Sales Outstanding Explanation

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

Signing Day Sports Days Sales Outstanding Related Terms

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Signing Day Sports (Signing Day Sports) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Signing Day Sports Inc (AMEX:SGN) » Definitions » Days Sales Outstanding
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N/A
Address
8355 East Hartford Road, Suite 100, Scottsdale, AZ, USA, 85255
Website
https://signingdaysports.com
Signing Day Sports Inc is a technology company developing and operating platforms aiming to give significantly more student-athletes the opportunity to go to college and continue playing sports. Its platform Signing Day Sports is a digital ecosystem to help athletes get discovered and recruited by coaches and recruiters across the country. It currently fully supports football and baseball, and it plans to expand the Signing Day Sports platform to include additional sports.