WEX (FRA:WL9) Days Sales Outstanding : 508.50 (As of Mar. 2024)

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What is WEX Days Sales Outstanding?

WEX's average Accounts Receivable for the three months ended in Mar. 2024 was €3,346 Mil. WEX's Revenue for the three months ended in Mar. 2024 was €600 Mil. Hence, WEX's Days Sales Outstanding for the three months ended in Mar. 2024 was 508.50.

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

FRA:WL9' s Days Sales Outstanding Range Over the Past 10 Years
Min: 478.8 Med: 585.8 Max: 798.53
Current: 517.79

During the past 13 years, WEX's highest Days Sales Outstanding was 798.53. The lowest was 478.80. And the median was 585.80.

FRA:WL9's Days Sales Outstanding is ranked worse than
97.8% of 2726 companies
in the Software industry
Industry Median: 61.86 vs FRA:WL9: 517.79

WEX's Days Sales Outstanding increased from Mar. 2023 (500.30) to Mar. 2024 (508.50).

WEX Days Sales Outstanding Historical Data

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

WEX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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548.98

574.10

467.71

464.77

487.10

WEX Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															500.30	518.66	533.83	520.73	508.50

Competitive Comparison of WEX's Days Sales Outstanding

For the Software - Infrastructure subindustry, WEX'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.

WEX's Days Sales Outstanding Distribution in the Software Industry

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

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

WEX 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.

WEX'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
=	( (3092.261	+	3143.934)	/	2 )	/	2336.516	*	365
=	3118.0975					/	2336.516	*	365
=	487.10

WEX's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (3143.934	+	3548.624)	/	2 )	/	600.484	*	365 / 4
=	3346.279					/	600.484	*	365 / 4
=	508.50

WEX (FRA:WL9) Days Sales Outstanding Explanation

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

WEX Days Sales Outstanding Related Terms

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WEX (FRA:WL9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WEX Inc (FRA:WL9) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WEX:USA

Address

1 Hancock Street, Portland, ME, USA, 04101

Website

https://www.wexinc.com

WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Fleet solutions, Travel & Corporate Solutions, and Health & Employee Benefit Solutions. Fleet Solutions, the largest segment by revenue, provides fleet vehicle payment-processing services for commercial and government fleets. Travel and corporate solutions offer business-to-business payment processing and transaction monitoring services. Health and employee benefit solutions generate revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.

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