HIVE Digital Technologies (TSXV:HIVE) Days Sales Outstanding : 22.53 (As of Dec. 2023)

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What is HIVE Digital Technologies Days Sales Outstanding?

HIVE Digital Technologies's average Accounts Receivable for the three months ended in Dec. 2023 was C$12.3 Mil. HIVE Digital Technologies's Revenue for the three months ended in Dec. 2023 was C$49.7 Mil. Hence, HIVE Digital Technologies's Days Sales Outstanding for the three months ended in Dec. 2023 was 22.53.

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

TSXV:HIVE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 11.68 Med: 19.24 Max: 28.52
Current: 28.52

During the past 13 years, HIVE Digital Technologies's highest Days Sales Outstanding was 28.52. The lowest was 11.68. And the median was 19.24.

TSXV:HIVE's Days Sales Outstanding is ranked better than
70.02% of 557 companies
in the Capital Markets industry
Industry Median: 63.81 vs TSXV:HIVE: 28.52

HIVE Digital Technologies's Days Sales Outstanding declined from Dec. 2022 (90.31) to Dec. 2023 (22.53).

HIVE Digital Technologies Days Sales Outstanding Historical Data

The historical data trend for HIVE Digital Technologies'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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HIVE Digital Technologies Days Sales Outstanding Chart

HIVE Digital Technologies Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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11.68

26.79

HIVE Digital Technologies Quarterly Data
	Mar19	Jun19	Sep19	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															90.31	22.61	36.01	42.77	22.53

Competitive Comparison of HIVE Digital Technologies's Days Sales Outstanding

For the Capital Markets subindustry, HIVE Digital Technologies'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.

HIVE Digital Technologies's Days Sales Outstanding Distribution in the Capital Markets Industry

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

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

HIVE Digital Technologies 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.

HIVE Digital Technologies's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (8.556	+	12.799)	/	2 )	/	145.474	*	365
=	10.6775					/	145.474	*	365
=	26.79

HIVE Digital Technologies'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
=	( (13.569	+	10.993)	/	2 )	/	49.733	*	365 / 4
=	12.281					/	49.733	*	365 / 4
=	22.53

HIVE Digital Technologies (TSXV:HIVE) Days Sales Outstanding Explanation

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

HIVE Digital Technologies Days Sales Outstanding Related Terms

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HIVE Digital Technologies (TSXV:HIVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » HIVE Digital Technologies Ltd (TSXV:HIVE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

HIVE:USA YO0:Germany YO0:Germany

Address

789 West Pender Street, Suite 855, Vancouver, BC, CAN, V6C 1H2

Website

https://www.hiveblockchain.com

HIVE Digital Technologies Ltd formerly HIVE Blockchain Technologies Ltd is in the business of providing infrastructure solutions in the blockchain industry. It focuses on the mining and sale of digital currencies. Its geographical segments include Canada, Sweden, Iceland, Switzerland, and Bermuda, out of which the majority of the revenue comes from Bermuda.

Executives

Luke Rossy

Senior Officer