Vast Renewables (Vast Renewables) Days Sales Outstanding : 174.71 (As of Dec. 2023)

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What is Vast Renewables Days Sales Outstanding?

Vast Renewables's average Accounts Receivable for the six months ended in Dec. 2023 was $0.31 Mil. Vast Renewables's Revenue for the six months ended in Dec. 2023 was $0.33 Mil. Hence, Vast Renewables's Days Sales Outstanding for the six months ended in Dec. 2023 was 174.71.

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

VSTE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 171.3 Med: 236.41 Max: 301.52
Current: 209.15

During the past 3 years, Vast Renewables's highest Days Sales Outstanding was 301.52. The lowest was 171.30. And the median was 236.41.

VSTE's Days Sales Outstanding is ranked worse than
95.2% of 979 companies
in the Semiconductors industry
Industry Median: 63.11 vs VSTE: 209.15

Vast Renewables's Days Sales Outstanding increased from Dec. 2022 (18.86) to Dec. 2023 (174.71).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Vast Renewables Days Sales Outstanding Historical Data

The historical data trend for Vast Renewables'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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Vast Renewables Days Sales Outstanding Chart

Vast Renewables Annual Data

Trend

Jun20

Jun21

Jun22

Days Sales Outstanding

301.52

171.30

Vast Renewables Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			339.91	8.80	18.86	65.40	174.71

Competitive Comparison of Vast Renewables's Days Sales Outstanding

For the Solar subindustry, Vast Renewables'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.

Vast Renewables's Days Sales Outstanding Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Vast Renewables's Days Sales Outstanding distribution charts can be found below:

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

Vast Renewables 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.

Vast Renewables's Days Sales Outstanding for the fiscal year that ended in Jun. 2022 is calculated as

	Days Sales Outstanding (A: Jun. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2021 )	+	Accounts Receivable (A: Jun. 2022 ))	/	count )	/	Revenue (A: Jun. 2022 )	*	Days in Period
=	( (0.149	+	0.004)	/	2 )	/	0.163	*	365
=	0.0765					/	0.163	*	365
=	171.30

Vast Renewables'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
=	( (0.004	+	0.624)	/	2 )	/	0.328	*	365 / 2
=	0.314					/	0.328	*	365 / 2
=	174.71

Vast Renewables (NAS:VSTE) Days Sales Outstanding Explanation

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

Vast Renewables Days Sales Outstanding Related Terms

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Vast Renewables (Vast Renewables) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Vast Renewables Ltd (NAS:VSTE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

226-230 Liverpool Street, Darlinghurst, NSW, AUS, 2010

Website

https://www.vast.energy

Vast Solar Pty Ltd is a clean, renewable energy company specializing in the design and manufacturing of concentrated solar thermal power (CSP) systems to generate carbon-free, utility-scale electricity, industrial heat, and green fuels. The Company's differentiated modular CSP system, utilizing proprietary sodium loop heat transfer technology, provides customers with a solution to the enduring challenge of intermittent renewable energy through 24/7 dispatchable power and heat.

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