ProStar Holdings (TSXV:MAPS) Days Sales Outstanding : 34.03 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is ProStar Holdings Days Sales Outstanding?

ProStar Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.07 Mil. ProStar Holdings's Revenue for the three months ended in Dec. 2023 was C$0.19 Mil. Hence, ProStar Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.03.

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

TSXV:MAPS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.61 Med: 3.99 Max: 58.22
Current: 58.22

During the past 5 years, ProStar Holdings's highest Days Sales Outstanding was 58.22. The lowest was 2.61. And the median was 3.99.

TSXV:MAPS's Days Sales Outstanding is ranked better than
54.43% of 2734 companies
in the Software industry
Industry Median: 61.83 vs TSXV:MAPS: 58.22

ProStar Holdings's Days Sales Outstanding declined from Dec. 2022 (93.07) to Dec. 2023 (34.03).

ProStar Holdings Days Sales Outstanding Historical Data

The historical data trend for ProStar 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.

* Premium members only.

ProStar Holdings Days Sales Outstanding Chart

ProStar Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

2.61

3.93

3.99

32.84

34.17

ProStar Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial												93.07	50.68	83.77	76.84	34.03

Competitive Comparison of ProStar Holdings's Days Sales Outstanding

For the Software - Application subindustry, ProStar 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.

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

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

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

ProStar 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.

ProStar 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
=	( (0.181	+	0.027)	/	2 )	/	1.111	*	365
=	0.104					/	1.111	*	365
=	34.17

ProStar Holdings'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.111	+	0.027)	/	2 )	/	0.185	*	365 / 4
=	0.069					/	0.185	*	365 / 4
=	34.03

ProStar Holdings (TSXV:MAPS) Days Sales Outstanding Explanation

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

ProStar Holdings Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of ProStar Holdings's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

ProStar Holdings (TSXV:MAPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ProStar Holdings Inc (TSXV:MAPS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

MAPPF:USA

Address

760 Horizon Drive, Suite 200, Grand Junction, CO, USA, 81506

Website

https://www.prostarcorp.com

ProStar Holdings Inc specializes in the development of patented mapping software. ProStar's Precision Mapping Solutions are natively cloud and mobile and offered as Software as a Service. The company's Software as a Service provides the ability to capture, record, and display the precise location of critical infrastructure such as buried utilities and pipelines; which is all accomplished in real time through ProStar's patented geospatial intelligence software. The Company operates in one reportable segment, providing Geospatial Intelligence Software for asset-centric industries, and earns revenue in one region, North America.

Executives