Vonex (ASX:VN8) Days Sales Outstanding : 18.15 (As of Dec. 2023)

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What is Vonex Days Sales Outstanding?

Vonex's average Accounts Receivable for the six months ended in Dec. 2023 was A$2.42 Mil. Vonex's Revenue for the six months ended in Dec. 2023 was A$24.37 Mil. Hence, Vonex's Days Sales Outstanding for the six months ended in Dec. 2023 was 18.15.

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

ASX:VN8' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.81 Med: 17.16 Max: 23.34
Current: 23.34

During the past 7 years, Vonex's highest Days Sales Outstanding was 23.34. The lowest was 9.81. And the median was 17.16.

ASX:VN8's Days Sales Outstanding is ranked better than
85.56% of 381 companies
in the Telecommunication Services industry
Industry Median: 56.4 vs ASX:VN8: 23.34

Vonex's Days Sales Outstanding declined from Dec. 2022 (29.09) to Dec. 2023 (18.15).

Vonex Days Sales Outstanding Historical Data

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

Vonex Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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9.81

13.16

18.09

16.98

17.33

Vonex Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							23.54	23.36	29.09	25.36	18.15

Competitive Comparison of Vonex's Days Sales Outstanding

For the Telecom Services subindustry, Vonex'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.

Vonex's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonex's Days Sales Outstanding distribution charts can be found below:

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

Vonex 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.

Vonex's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (2.015	+	2.302)	/	2 )	/	45.454	*	365
=	2.1585					/	45.454	*	365
=	17.33

Vonex'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
=	( (2.302	+	2.545)	/	2 )	/	24.367	*	365 / 2
=	2.4235					/	24.367	*	365 / 2
=	18.15

Vonex (ASX:VN8) Days Sales Outstanding Explanation

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

Vonex Days Sales Outstanding Related Terms

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Vonex (ASX:VN8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vonex Ltd (ASX:VN8) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

303 Coronation Drive, Level 6, Milton, QLD, AUS, 4064

Website

https://www.vonex.com.au

Vonex Ltd is an Australia-based telecommunications company. It is organized into three operating segments. The retail segment is engaged in the sale of hardware and telecommunication services including the provision of data, internet, voice (including IP voice), and other services; the Wholesale segment is engaged in offering wholesale white-label hosted PBX services under license for Internet Service Providers, Telco's and Cloud Vendors; and Corporate segment is engaged in managing the corporate affairs of the group, and special development projects such as the Oper8tor App. Geographically, the company has operations in Australia and the United States. It generates a vast majority of the revenues from the retail segment within Australia.

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