Text (LCHTF) Days Sales Outstanding : 3.30 (As of Dec. 2023)

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What is Text Days Sales Outstanding?

Text's average Accounts Receivable for the three months ended in Dec. 2023 was $0.80 Mil. Text's Revenue for the three months ended in Dec. 2023 was $22.15 Mil. Hence, Text's Days Sales Outstanding for the three months ended in Dec. 2023 was 3.30.

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

LCHTF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.31 Med: 2.38 Max: 8.81
Current: 3.15

During the past 10 years, Text's highest Days Sales Outstanding was 8.81. The lowest was 1.31. And the median was 2.38.

LCHTF's Days Sales Outstanding is ranked better than
98.83% of 2726 companies
in the Software industry
Industry Median: 62.175 vs LCHTF: 3.15

Text's Days Sales Outstanding increased from Dec. 2022 (3.01) to Dec. 2023 (3.30).

Text Days Sales Outstanding Historical Data

The historical data trend for Text'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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Text Days Sales Outstanding Chart

Text Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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2.93

2.32

1.31

1.96

2.27

Text Quarterly Data
	Mar19	Jun19	Sep19	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															3.01	2.68	2.93	3.59	3.30

Competitive Comparison of Text's Days Sales Outstanding

For the Software - Application subindustry, Text'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.

Text's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, Text's Days Sales Outstanding distribution charts can be found below:

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

Text 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.

Text's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.394	+	0.58)	/	2 )	/	78.243	*	365
=	0.487					/	78.243	*	365
=	2.27

Text'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
=	( (0.787	+	0.813)	/	2 )	/	22.148	*	365 / 4
=	0.8					/	22.148	*	365 / 4
=	3.30

Text (OTCPK:LCHTF) Days Sales Outstanding Explanation

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

Text Days Sales Outstanding Related Terms

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Text (LCHTF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Text SA (OTCPK:LCHTF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TXT:Poland 886:Germany

Address

ul. Zwycieska 47, Wroclaw, POL, 53-033

Website

https://www.text.com

Text SA is a Poland-based company offering services in the SaaS (Software as a Service) model supporting sales and customer service. The company provides better customer service at scale by analyzing, enriching, and automating text communication. It has developed LiveChat, a tool used for direct communication between the website visitor and its owner. For the end user, it has the form of a chat window placed on the website, ChatBot, an all-in-one platform to build and launch conversational chatbots without coding; HelpDesk that supports customers with tickets; KnowledgeBase and OpenWidget.

Text (LCHTF) Headlines

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