Viant Technology (Viant Technology) Receivables Turnover : 0.46 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Viant Technology Receivables Turnover?

The Receivables Turnover ratio measures the number of times a company collects its average accounts receivable balance. It is calculated as Revenue divided by average Accounts Receivable. An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. Viant Technology's Revenue for the three months ended in Mar. 2024 was $53.4 Mil. Viant Technology's average Accounts Receivable for the three months ended in Mar. 2024 was $115.5 Mil. Hence, Viant Technology's Receivables Turnover for the three months ended in Mar. 2024 was 0.46.

Viant Technology Receivables Turnover Historical Data

The historical data trend for Viant Technology's Receivables Turnover 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.

Viant Technology Receivables Turnover Chart

Viant Technology Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Receivables Turnover

Get a 7-Day Free Trial

2.83

2.09

2.24

1.86

2.03

Viant Technology Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Receivables Turnover	Get a 7-Day Free Trial															0.46	0.67	0.61	0.58	0.46

Competitive Comparison of Viant Technology's Receivables Turnover

For the Software - Application subindustry, Viant Technology's Receivables Turnover, along with its competitors' market caps and Receivables Turnover 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.

Viant Technology's Receivables Turnover Distribution in the Software Industry

For the Software industry and Technology sector, Viant Technology's Receivables Turnover distribution charts can be found below:

* The bar in red indicates where Viant Technology's Receivables Turnover falls into.

Viant Technology Receivables Turnover Calculation

Receivables Turnover measures the number of times a company collects its average accounts receivable balance.

Viant Technology's Receivables Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Receivables Turnover (A: Dec. 2023 )
=	Revenue	/	Average Total Inventories
=	Revenue (A: Dec. 2023 )	/ (	(Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )
=	222.934	/ (	(101.658	+	117.473)	/	2 )
=	222.934	/	109.5655
=	2.03

Viant Technology's Receivables Turnover for the quarter that ended in Mar. 2024 is calculated as

	Receivables Turnover (Q: Mar. 2024 )
=	Revenue	/	Average Total Inventories
=	Revenue (Q: Mar. 2024 )	/ (	(Accounts Receivable (Q: Dec. 2023 )	+	Accounts Receivable (Q: Mar. 2024 ))	/	count )
=	53.393	/ (	(117.473	+	113.508)	/	2 )
=	53.393	/	115.4905
=	0.46

Viant Technology (NAS:DSP) Receivables Turnover Explanation

An efficient company has a higher accounts receivable turnover ratio while an inefficient company has a lower ratio. This metric is commonly used to compare companies within the same industry to check whether they are on par with their competitors.

Viant Technology Receivables Turnover Related Terms

Thank you for viewing the detailed overview of Viant Technology's Receivables Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Viant Technology (Viant Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Viant Technology Inc (NAS:DSP) » Definitions » Receivables Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

2722 Michelson Drive, Suite 100, Irvine, CA, USA, 92612

Website

https://www.viantinc.com

Viant Technology Inc is an advertising software company. The software enables the programmatic purchase of advertising, which is the electronification of the advertising buying process. Through the technology, a marketer can easily buy ads on desktop, mobile, connected TV, linear TV, streaming audio and digital billboards.

Executives

Max O Valdes	director	C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Larry Madden	officer: Chief Financial Officer	C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Vivian Yang	director	C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Elizabeth Goodman Williams	director	C/O VIANT TECHNOLOGY INC., 2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Timothy Vanderhook	director, officer: See Remarks	2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Christopher Vanderhook	director, officer: Chief Operating Officer	2722 MICHELSON DRIVE, SUITE 100, IRVINE CA 92612
Four Brothers 2 Llc	10 percent owner	2722 MICHELSON DRIVE, SUITE 100, C/O VIANT TECHNOLOGY INC., IRVINE CA 92612