BitFuFu (BitFuFu) Days Sales Outstanding : 6.13 (As of Dec. 2023)

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What is BitFuFu Days Sales Outstanding?

BitFuFu's average Accounts Receivable for the six months ended in Dec. 2023 was $5.0 Mil. BitFuFu's Revenue for the six months ended in Dec. 2023 was $149.9 Mil. Hence, BitFuFu's Days Sales Outstanding for the six months ended in Dec. 2023 was 6.13.

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

FUFU' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.49 Med: 17.18 Max: 43.87
Current: 7

During the past 4 years, BitFuFu's highest Days Sales Outstanding was 43.87. The lowest was 6.49. And the median was 17.18.

FUFU's Days Sales Outstanding is ranked better than
87.21% of 563 companies
in the Capital Markets industry
Industry Median: 65.71 vs FUFU: 7.00

BitFuFu's Days Sales Outstanding declined from Dec. 2022 (10.22) to Dec. 2023 (6.13).

BitFuFu Days Sales Outstanding Historical Data

The historical data trend for BitFuFu'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.

BitFuFu Days Sales Outstanding Chart

BitFuFu Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

43.87

17.18

6.49

BitFuFu Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			29.84	21.37	10.22	8.50	6.13

Competitive Comparison of BitFuFu's Days Sales Outstanding

For the Capital Markets subindustry, BitFuFu'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.

BitFuFu's Days Sales Outstanding Distribution in the Capital Markets Industry

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

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

BitFuFu 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.

BitFuFu'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
=	( (6.27	+	3.838)	/	2 )	/	284.106	*	365
=	5.054					/	284.106	*	365
=	6.49

BitFuFu'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (6.23	+	3.838)	/	2 )	/	149.869	*	365 / 2
=	5.034					/	149.869	*	365 / 2
=	6.13

BitFuFu (NAS:FUFU) Days Sales Outstanding Explanation

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

BitFuFu Days Sales Outstanding Related Terms

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BitFuFu (BitFuFu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » BitFuFu Inc (NAS:FUFU) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

111 North Bridge Road, 15-01 Peninsula Plaza, Singapore, SGP, 179098

Website

BitFuFu Inc is a digital asset mining service and cloud-mining service provider, dedicated to fostering a secure, compliant, and transparent blockchain infrastructure. It provides stable and intelligent digital asset mining solutions, including one-stop cloud-mining services and miner hosting services to institutional customers and individual digital asset.

BitFuFu (BitFuFu) Headlines

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