Bit Days Sales Outstanding from 2010 to 2024

BTBT Stock  USD 4.61  0.18  4.06%   
Bit Digital Days Sales Outstanding yearly trend continues to be comparatively stable with very little volatility. Days Sales Outstanding is likely to outpace its year average in 2024. From the period from 2010 to 2024, Bit Digital Days Sales Outstanding quarterly data regression had r-value of  0.63 and coefficient of variation of  185.60. View All Fundamentals
 
Days Sales Outstanding  
First Reported
2010-12-31
Previous Quarter
112.59699516
Current Value
118.23
Quarterly Volatility
38.5430806
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Bit Digital financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Bit Digital's main balance sheet or income statement drivers, such as Depreciation And Amortization of 7.4 M, Selling General Administrative of 27.8 M or Selling And Marketing Expenses of 1.1 M, as well as many indicators such as Price To Sales Ratio of 11.57, Dividend Yield of 0.0038 or PTB Ratio of 2.07. Bit financial statements analysis is a perfect complement when working with Bit Digital Valuation or Volatility modules.
  
Check out the analysis of Bit Digital Correlation against competitors.
For more information on how to buy Bit Stock please use our How to Invest in Bit Digital guide.

Latest Bit Digital's Days Sales Outstanding Growth Pattern

Below is the plot of the Days Sales Outstanding of Bit Digital over the last few years. It is Bit Digital's Days Sales Outstanding historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Bit Digital's overall financial position and show how it may be relating to other accounts over time.
Days Sales Outstanding10 Years Trend
Slightly volatile
   Days Sales Outstanding   
       Timeline  

Bit Days Sales Outstanding Regression Statistics

Arithmetic Mean20.77
Geometric Mean8.43
Coefficient Of Variation185.60
Mean Deviation25.24
Median6.58
Standard Deviation38.54
Sample Variance1,486
Range114
R-Value0.63
Mean Square Error967.33
R-Squared0.40
Significance0.01
Slope5.42
Total Sum of Squares20,798

Bit Days Sales Outstanding History

2024 118.23
2023 112.6
2019 8.32
2018 6.58
2017 13.56

About Bit Digital Financial Statements

Bit Digital shareholders use historical fundamental indicators, such as Days Sales Outstanding, to determine how well the company is positioned to perform in the future. Although Bit Digital investors may analyze each financial statement separately, they are all interrelated. The changes in Bit Digital's assets and liabilities, for example, are also reflected in the revenues and expenses on on Bit Digital's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Days Sales Outstanding 112.60  118.23 

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Additional Tools for Bit Stock Analysis

When running Bit Digital's price analysis, check to measure Bit Digital's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bit Digital is operating at the current time. Most of Bit Digital's value examination focuses on studying past and present price action to predict the probability of Bit Digital's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bit Digital's price. Additionally, you may evaluate how the addition of Bit Digital to your portfolios can decrease your overall portfolio volatility.