Fansunite Entertainment (TSX:FANS) Days Sales Outstanding : 53.94 (As of Dec. 2023)

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What is Fansunite Entertainment Days Sales Outstanding?

Fansunite Entertainment's average Accounts Receivable for the three months ended in Dec. 2023 was C$3.87 Mil. Fansunite Entertainment's Revenue for the three months ended in Dec. 2023 was C$6.54 Mil. Hence, Fansunite Entertainment's Days Sales Outstanding for the three months ended in Dec. 2023 was 53.94.

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

TSX:FANS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.49 Med: 74.5 Max: 214.84
Current: 56.44

During the past 6 years, Fansunite Entertainment's highest Days Sales Outstanding was 214.84. The lowest was 9.49. And the median was 74.50.

TSX:FANS's Days Sales Outstanding is ranked worse than
73.6% of 803 companies
in the Travel & Leisure industry
Industry Median: 29.17 vs TSX:FANS: 56.44

Fansunite Entertainment's Days Sales Outstanding declined from Dec. 2022 (64.35) to Dec. 2023 (53.94).

Fansunite Entertainment Days Sales Outstanding Historical Data

The historical data trend for Fansunite Entertainment'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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Fansunite Entertainment Days Sales Outstanding Chart

Fansunite Entertainment Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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9.49

214.84

85.17

63.83

Fansunite Entertainment Quarterly Data
	Dec18	Mar19	Jun19	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															64.35	45.48	65.92	65.14	53.94

Competitive Comparison of Fansunite Entertainment's Days Sales Outstanding

For the Gambling subindustry, Fansunite Entertainment'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.

Fansunite Entertainment's Days Sales Outstanding Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fansunite Entertainment's Days Sales Outstanding distribution charts can be found below:

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

Fansunite Entertainment 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.

Fansunite Entertainment'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
=	( (4.211	+	4.085)	/	2 )	/	23.719	*	365
=	4.148					/	23.719	*	365
=	63.83

Fansunite Entertainment'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
=	( (3.65	+	4.085)	/	2 )	/	6.543	*	365 / 4
=	3.8675					/	6.543	*	365 / 4
=	53.94

Fansunite Entertainment (TSX:FANS) Days Sales Outstanding Explanation

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

Fansunite Entertainment Days Sales Outstanding Related Terms

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Fansunite Entertainment (TSX:FANS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Fansunite Entertainment Inc (TSX:FANS) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

FUNFF:USA 4UY:Germany

Address

780 Beatty Street, Suite 303, Vancouver, BC, CAN, V6B 2M1

Website

https://www.fansunite.com

Fansunite Entertainment Inc is a sports and entertainment company that focuses on focusing on technology related to regulated and lawful online gaming in sports, esports and casino. Also, the company provides technology solutions and services in the global gaming and entertainment industries.

Fansunite Entertainment (TSX:FANS) Headlines

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