GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Emerge Commerce Ltd (TSXV:ECOM) » Definitions » Days Sales Outstanding

Emerge Commerce (TSXV:ECOM) Days Sales Outstanding : 6.48 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Emerge Commerce Days Sales Outstanding?

Emerge Commerce's average Accounts Receivable for the three months ended in Dec. 2023 was C$0.44 Mil. Emerge Commerce's Revenue for the three months ended in Dec. 2023 was C$6.21 Mil. Hence, Emerge Commerce's Days Sales Outstanding for the three months ended in Dec. 2023 was 6.48.

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

TSXV:ECOM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 5.5   Med: 14.5   Max: 20.27
Current: 12.4

During the past 5 years, Emerge Commerce's highest Days Sales Outstanding was 20.27. The lowest was 5.50. And the median was 14.50.

TSXV:ECOM's Days Sales Outstanding is ranked better than
58.72% of 1078 companies
in the Retail - Cyclical industry
Industry Median: 17.55 vs TSXV:ECOM: 12.40

Emerge Commerce's Days Sales Outstanding declined from Dec. 2022 (16.44) to Dec. 2023 (6.48).


Emerge Commerce Days Sales Outstanding Historical Data

The historical data trend for Emerge Commerce'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.

* Premium members only.

Emerge Commerce Days Sales Outstanding Chart

Emerge Commerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
20.27 8.51 5.50 14.50 16.30

Emerge Commerce Quarterly Data
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.44 18.42 12.36 7.74 6.48

Competitive Comparison of Emerge Commerce's Days Sales Outstanding

For the Internet Retail subindustry, Emerge Commerce'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.


Emerge Commerce's Days Sales Outstanding Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emerge Commerce's Days Sales Outstanding distribution charts can be found below:

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



Emerge Commerce 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.

Emerge Commerce'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
=( (1.668 + 0.46) / 2 ) / 23.829*365
=1.064 / 23.829*365
=16.30

Emerge Commerce'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
=( (0.422 + 0.46) / 2 ) / 6.214*365 / 4
=0.441 / 6.214*365 / 4
=6.48

* 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.


Emerge Commerce  (TSXV:ECOM) Days Sales Outstanding Explanation

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


Emerge Commerce Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Emerge Commerce's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Emerge Commerce (TSXV:ECOM) Business Description

Traded in Other Exchanges
Address
355 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5V 1S2
Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The firm's network of subscription and marketplace e-commerce sites provide its members with access to pet products, premium meat and groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes WholesalePet.com, trulocal.ca, BattlBox.com, UnderPar.com, JustGolfStuff.ca, CarinvoreClub.co, WagJag.com, and BeRightBack.ca. Geographically, the company operates in Canada and the U.S.
Executives
Drew (charles Andrew) Green 10% Security Holder, Director

Emerge Commerce (TSXV:ECOM) Headlines