Bit Brother (Bit Brother) Days Sales Outstanding : 0.73 (As of Jun. 2023)

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What is Bit Brother Days Sales Outstanding?

Bit Brother's average Accounts Receivable for the six months ended in Jun. 2023 was $0.01 Mil. Bit Brother's Revenue for the six months ended in Jun. 2023 was $2.25 Mil. Hence, Bit Brother's Days Sales Outstanding for the six months ended in Jun. 2023 was 0.73.

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

BETSF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.14 Med: 112.99 Max: 355.12
Current: 1.14

During the past 12 years, Bit Brother's highest Days Sales Outstanding was 355.12. The lowest was 1.14. And the median was 112.99.

BETSF's Days Sales Outstanding is ranked better than
94.42% of 556 companies
in the Capital Markets industry
Industry Median: 62.34 vs BETSF: 1.14

Bit Brother's Days Sales Outstanding increased from Jun. 2022 (0.00) to Jun. 2023 (0.73).

Bit Brother Days Sales Outstanding Historical Data

The historical data trend for Bit Brother'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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Bit Brother Days Sales Outstanding Chart

Bit Brother Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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117.13

127.51

152.51

55.35

1.14

Bit Brother Semi-Annual Data
	Oct13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Sales Outstanding	Get a 7-Day Free Trial															-	32.30	-	-	0.73

Competitive Comparison of Bit Brother's Days Sales Outstanding

For the Capital Markets subindustry, Bit Brother'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.

Bit Brother's Days Sales Outstanding Distribution in the Capital Markets Industry

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

* The bar in red indicates where Bit Brother's Days Sales Outstanding falls into.

Bit Brother 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.

Bit Brother's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0.009)	/	1 )	/	2.883	*	365
=	0.009					/	2.883	*	365
=	1.14

Bit Brother's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0.009)	/	1 )	/	2.25	*	365 / 2
=	0.009					/	2.25	*	365 / 2
=	0.73

Bit Brother (OTCPK:BETSF) Days Sales Outstanding Explanation

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

Bit Brother Days Sales Outstanding Related Terms

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Bit Brother (Bit Brother) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bit Brother Ltd (OTCPK:BETSF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

29D:Germany

Address

53 Binjiang Road, 15/F, Block A, Kineer Business Centre, Yuelu District, Changsha, Hunan, CHN, 410023

Website

https://www.bitbrother.com

Bit Brother Ltd formerly Urban Tea Inc through its subsidiaries operates in two business segments, Tea shop chains and block chain and digital asset mining. Through Tea shop chains the company is engaged in specialty tea product distribution and retail business. The company offers trendy tea drinks, light meals, and pastries through its stores. Through its Blockchain technology and digital asset mining business, the company is engaged in research and development of a digital currency wallet, the integrated operation and management of supercomputer servers, and financial services, targeting both individual and institutional users. The majority of the revenue for the company is generated from its Tea shop chains.