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Value Exchange International (Value Exchange International) Days Sales Outstanding : 47.78 (As of Sep. 2023)


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What is Value Exchange International Days Sales Outstanding?

Value Exchange International's average Accounts Receivable for the three months ended in Sep. 2023 was $1.55 Mil. Value Exchange International's Revenue for the three months ended in Sep. 2023 was $2.96 Mil. Hence, Value Exchange International's Days Sales Outstanding for the three months ended in Sep. 2023 was 47.78.

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

VEII' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.19   Med: 35.19   Max: 65.11
Current: 38.69

During the past 13 years, Value Exchange International's highest Days Sales Outstanding was 65.11. The lowest was 12.19. And the median was 35.19.

VEII's Days Sales Outstanding is ranked better than
78.42% of 2729 companies
in the Software industry
Industry Median: 61.68 vs VEII: 38.69

Value Exchange International's Days Sales Outstanding increased from Sep. 2022 (45.63) to Sep. 2023 (47.78).


Value Exchange International Days Sales Outstanding Historical Data

The historical data trend for Value Exchange International'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.

Value Exchange International Days Sales Outstanding Chart

Value Exchange International Annual Data
Trend Aug13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.34 29.63 12.19 26.67 33.28

Value Exchange International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only 45.63 28.31 37.20 45.72 47.78

Competitive Comparison of Value Exchange International's Days Sales Outstanding

For the Information Technology Services subindustry, Value Exchange International'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.


Value Exchange International's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Value Exchange International's Days Sales Outstanding falls into.



Value Exchange International 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.

Value Exchange International's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

Days Sales Outstanding (A: Dec. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2021 ) + Accounts Receivable (A: Dec. 2022 )) / count ) / Revenue (A: Dec. 2022 )*Days in Period
=( (0.859 + 1.133) / 2 ) / 10.924*365
=0.996 / 10.924*365
=33.28

Value Exchange International's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (1.637 + 1.464) / 2 ) / 2.961*365 / 4
=1.5505 / 2.961*365 / 4
=47.78

* 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.


Value Exchange International  (OTCPK:VEII) Days Sales Outstanding Explanation

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


Value Exchange International Days Sales Outstanding Related Terms

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Value Exchange International (Value Exchange International) Business Description

Traded in Other Exchanges
N/A
Address
Shatin Industrial Centre, 5-7 Yuen Shun Circuit, Unit 02-03, 6th Floor, Block B, Shatin, Hong Kong, HKG
Value Exchange International Inc is a United States based software company. The company through its subsidiaries provides customer-centric hardware and software system solutions for the retail industry in China, Hong Kong, and Philippines. Its primary services and products of the IT Business are Systems maintenance and related service and Systems development and integration. The company serves Public and Retail sector. It get majority of its revenue from software development and maintenance services.
Executives
Chan Heng Fai Ambrose 10 percent owner 2601 INSLAND PLACE TOWER, 510 KINGS RD N POINT, HONG KONG K3 999999999
Robert H Trapp director C/O EVISION INTERNATIONAL INC., 1888 SHERMAN ST. #500, DENVER CO 80203
Tat Keung Wong director 4800 MONTGOMERY LANE SUITE 210, BETHESDA MD 20814
Shui Yeung Wong director 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Chun Wing Yeung director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Seng Wee Tan director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Tsang Po Yee Bella director 7/F DARTON TOWER, 142 WAI YIP ST, KWUN TONG, KOWLOON K3 00000
Kan Fai Lum director 10/F., SKYWAY CENTER, 23, QUEEN'S ROAD WEST, HONG KONG K3 00000
Gigworld Inc. 10 percent owner 4800 MONTGOMERY LANE, SUITE 210, BETHESDA MD 20814
Yuen Fong Lee director 602, 6/F, BLOCK B, SHATIN INDUSTRIAL, CENTRE, 5-7 YUEN SHUN CIRCUIT, SHATIN, NEW TERRITORIES K3 00000
Johan Pehrson director C/O JOHAN PEHRSON, HALMSTAD V7 30259
Matthew R Mecke director, officer: President, CEO, CFO 6501 RED HOOK PLZA, STE 201-553, ST THOMAS VI 00802
Anthony Robinson director UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000
Paul F. Manning director, officer: Secretary / Treasurer UNIT T25, GF BANGKOK BANK BUILDING, 18 BONHAM STRAND WEST, SHEUNG WAN K3 00000