BitMine Immersion Technologies (BitMine Immersion Technologies) Days Sales Outstanding : 0.00 (As of Feb. 2024)

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What is BitMine Immersion Technologies Days Sales Outstanding?

BitMine Immersion Technologies's average Accounts Receivable for the three months ended in Feb. 2024 was $0.00 Mil. BitMine Immersion Technologies's Revenue for the three months ended in Feb. 2024 was $0.89 Mil. Hence, BitMine Immersion Technologies's Days Sales Outstanding for the three months ended in Feb. 2024 was 0.00.

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

BMNR's Days Sales Outstanding is not ranked ^*
in the Capital Markets industry.
Industry Median: 64.67
* Ranked among companies with meaningful Days Sales Outstanding only.

BitMine Immersion Technologies's Days Sales Outstanding stayed the same from Feb. 2023 (0.00) to Feb. 2024 (0.00).

BitMine Immersion Technologies Days Sales Outstanding Historical Data

The historical data trend for BitMine Immersion 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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BitMine Immersion Technologies Days Sales Outstanding Chart

BitMine Immersion Technologies Annual Data

Trend

Aug22

Aug23

Days Sales Outstanding

BitMine Immersion Technologies Quarterly Data
	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of BitMine Immersion Technologies's Days Sales Outstanding

For the Capital Markets subindustry, BitMine Immersion 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.

BitMine Immersion Technologies's Days Sales Outstanding Distribution in the Capital Markets Industry

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

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

BitMine Immersion 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.

BitMine Immersion Technologies's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.645	*	365
=	0					/	0.645	*	365
=	0.00

BitMine Immersion Technologies's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.892	*	365 / 4
=	0					/	0.892	*	365 / 4
=	0.00

BitMine Immersion Technologies (OTCPK:BMNR) Days Sales Outstanding Explanation

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

BitMine Immersion Technologies Days Sales Outstanding Related Terms

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BitMine Immersion Technologies (BitMine Immersion Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitMine Immersion Technologies Inc (OTCPK:BMNR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

2030 Powers Ferry Road SE, Suite No. 212, Atlanta, GA, USA, 30339

Website

https://www.bitminetech.io

BitMine Immersion Technologies Inc is a blockchain technology company that is building out industrial-scale digital asset mining, equipment sales, and hosting operations. The company's primary business is data center focused, both mining Bitcoin for its own account as well as hosting third-party Bitcoin mining servers.