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Tapinator (Tapinator) Days Sales Outstanding : 33.83 (As of Sep. 2023)


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What is Tapinator Days Sales Outstanding?

Tapinator's average Accounts Receivable for the three months ended in Sep. 2023 was $0.44 Mil. Tapinator's Revenue for the three months ended in Sep. 2023 was $1.18 Mil. Hence, Tapinator's Days Sales Outstanding for the three months ended in Sep. 2023 was 33.83.

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

TAPM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.65   Med: 40.09   Max: 329.39
Current: 135.32

During the past 10 years, Tapinator's highest Days Sales Outstanding was 329.39. The lowest was 35.65. And the median was 40.09.

TAPM's Days Sales Outstanding is ranked worse than
90.83% of 567 companies
in the Interactive Media industry
Industry Median: 44.79 vs TAPM: 135.32

Tapinator's Days Sales Outstanding declined from Mar. 2019 (35.47) to Sep. 2023 (33.83).


Tapinator Days Sales Outstanding Historical Data

The historical data trend for Tapinator'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.

Tapinator Days Sales Outstanding Chart

Tapinator Annual Data
Trend Oct07 Oct08 Oct09 Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.71 41.82 37.02 38.35 35.65

Tapinator Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep22 Sep23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.47 24.95 35.26 21.03 33.83

Competitive Comparison of Tapinator's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Tapinator'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.


Tapinator's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tapinator's Days Sales Outstanding distribution charts can be found below:

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



Tapinator 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.

Tapinator's Days Sales Outstanding for the fiscal year that ended in Dec. 2018 is calculated as

Days Sales Outstanding (A: Dec. 2018 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2017 ) + Accounts Receivable (A: Dec. 2018 )) / count ) / Revenue (A: Dec. 2018 )*Days in Period
=( (0.333 + 0.228) / 2 ) / 2.872*365
=0.2805 / 2.872*365
=35.65

Tapinator's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0 + 0.436) / 1 ) / 1.176*365 / 4
=0.436 / 1.176*365 / 4
=33.83

* 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.


Tapinator  (OTCPK:TAPM) Days Sales Outstanding Explanation

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


Tapinator Days Sales Outstanding Related Terms

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Tapinator (Tapinator) Business Description

Traded in Other Exchanges
N/A
Address
1776 Broadway, Suite 2002, New York, NY, USA, 10019
Tapinator Inc develops and publishes category- leading apps for mobile platforms, with a focus on social casino games. The company's library includes more than 300 titles. It offers games such as Solitaire Derby, Crypto Trillionaire, Castlebuilder, Combo Quest, and Dice Mage 2 among others. The company generates revenues through the sale of branded advertising and consumer transactions, including in-app purchases and subscriptions.

Tapinator (Tapinator) Headlines

From GuruFocus

Tapinator Reports Q3 2020 Financial Results

By PRNewswire PRNewswire 10-28-2020

Tapinator Announces Q3 2022 Financial Results

By PRNewswire PRNewswire 11-09-2022

Tapinator Releases Letter to Shareholders

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Tapinator Announces Record Q1 2022 Financial Results

By PRNewswire PRNewswire 06-09-2022

Tapinator, Inc. Publishes Updated Investor Presentation

By PRNewswire PRNewswire 09-21-2020

Tapinator Announces Record Q3 2021 Financial Results

By PRNewswire PRNewswire 11-10-2021

Tapinator Announces Dividend of Common Stock

By PRNewswire PRNewswire 03-16-2022

Tapinator Management Makes $300,000 Insider Buying Commitment

By PRNewswire PRNewswire 08-27-2020

Tapinator Announces Q1 2023 Financial Results

By PRNewswire PRNewswire 05-12-2023

Tapinator Announces Record Q1 2022 Financial Results

By PRNewswire PRNewswire 05-30-2022