Venture (Venture) Days Sales Outstanding : 90.35 (As of Dec. 2023)

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What is Venture Days Sales Outstanding?

Venture's average Accounts Receivable for the six months ended in Dec. 2023 was $536 Mil. Venture's Revenue for the six months ended in Dec. 2023 was $1,082 Mil. Hence, Venture's Days Sales Outstanding for the six months ended in Dec. 2023 was 90.35.

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

VEMLF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.98 Med: 81.56 Max: 97.04
Current: 94.22

During the past 13 years, Venture's highest Days Sales Outstanding was 97.04. The lowest was 66.98. And the median was 81.56.

VEMLF's Days Sales Outstanding is ranked worse than
66.16% of 2456 companies
in the Hardware industry
Industry Median: 75.045 vs VEMLF: 94.22

Venture's Days Sales Outstanding increased from Dec. 2022 (76.60) to Dec. 2023 (90.35).

Venture Days Sales Outstanding Historical Data

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

Venture Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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81.76

96.07

90.95

81.67

94.80

Venture Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															82.92	85.87	76.60	95.76	90.35

Competitive Comparison of Venture's Days Sales Outstanding

For the Electronic Components subindustry, Venture'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.

Venture's Days Sales Outstanding Distribution in the Hardware Industry

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

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

Venture 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.

Venture'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
=	( (670.497	+	508.539)	/	2 )	/	2269.858	*	365
=	589.518					/	2269.858	*	365
=	94.80

Venture'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (562.881	+	508.539)	/	2 )	/	1082.094	*	365 / 2
=	535.71					/	1082.094	*	365 / 2
=	90.35

Venture (OTCPK:VEMLF) Days Sales Outstanding Explanation

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

Venture Days Sales Outstanding Related Terms

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Venture (Venture) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Venture Corp Ltd (OTCPK:VEMLF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VEMLY:USA V03:Singapore VEM:Germany

Address

5006 Ang Mo Kio Avenue 5, No. 05-01/12 TECHplace II, Singapore, SGP, 569873

Website

https://www.venture.com.sg

Venture Corp Ltd is a Singapore-based company that provides technology services, products and solutions. It offers solutions such as supply chain management, product refurbishment, and technical support, product and process engineering and others. The company's reportable segments are Advanced Manufacturing and Design Solutions, and Technology Products and Design Solutions. It generates a majority of its revenue from the Advanced Manufacturing and Design Solutions segment. Geographically, the company generates a majority of its revenue from Asia excluding Singapore.

Venture (Venture) Headlines

From GuruFocus

Roger Edgley Comments on Venture Corp. Ltd.

By Holly LaFon Holly LaFon • 12-07-2017