Darelle Online Solutions (TSXV:DAR) Days Sales Outstanding : 127.75 (As of Feb. 2024)

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What is Darelle Online Solutions Days Sales Outstanding?

Darelle Online Solutions's average Accounts Receivable for the three months ended in Feb. 2024 was C$0.01 Mil. Darelle Online Solutions's Revenue for the three months ended in Feb. 2024 was C$0.01 Mil. Hence, Darelle Online Solutions's Days Sales Outstanding for the three months ended in Feb. 2024 was 127.75.

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

TSXV:DAR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 51.55 Med: 85.95 Max: 179.12
Current: 66.83

During the past 13 years, Darelle Online Solutions's highest Days Sales Outstanding was 179.12. The lowest was 51.55. And the median was 85.95.

TSXV:DAR's Days Sales Outstanding is ranked worse than
72.33% of 571 companies
in the Interactive Media industry
Industry Median: 44.79 vs TSXV:DAR: 66.83

Darelle Online Solutions's Days Sales Outstanding declined from Feb. 2023 (159.69) to Feb. 2024 (127.75).

Darelle Online Solutions Days Sales Outstanding Historical Data

The historical data trend for Darelle Online Solutions'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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Darelle Online Solutions Days Sales Outstanding Chart

Darelle Online Solutions Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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51.55

70.48

94.79

177.47

179.12

Darelle Online Solutions Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															159.69	49.43	101.39	40.74	127.75

Competitive Comparison of Darelle Online Solutions's Days Sales Outstanding

For the Internet Content & Information subindustry, Darelle Online Solutions'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.

Darelle Online Solutions's Days Sales Outstanding Distribution in the Interactive Media Industry

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

* The bar in red indicates where Darelle Online Solutions's Days Sales Outstanding falls into.

Darelle Online Solutions 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.

Darelle Online Solutions'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
=	( (0.042	+	0.011)	/	2 )	/	0.054	*	365
=	0.0265					/	0.054	*	365
=	179.12

Darelle Online Solutions'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
=	( (0.014	+	0.014)	/	2 )	/	0.01	*	365 / 4
=	0.014					/	0.01	*	365 / 4
=	127.75

Darelle Online Solutions (TSXV:DAR) Days Sales Outstanding Explanation

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

Darelle Online Solutions Days Sales Outstanding Related Terms

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Darelle Online Solutions (TSXV:DAR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Darelle Online Solutions Inc (TSXV:DAR) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

4610 Sheridan Ridge Road, Nanaimo, BC, CAN, V9T 6S6

Website

https://www.darelle.com

Darelle Online Solutions Inc is a Canada-based company. The company is mainly engaged in providing an online raffle lottery system to charities. The online raffle program enables charitable and non-profit organizations to create, sell, deliver, and manage their raffle ticket and 50/50 draws completely online. In addition, the company is also engaged in the development of various software solutions that can be easily integrated with the customer's websites. The company's revenue consists of consideration from customers for set-up fees and processing fees.