WiseTech Global (ASX:WTC) Days Sales Outstanding : 45.28 (As of Dec. 2023)

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What is WiseTech Global Days Sales Outstanding?

WiseTech Global's average Accounts Receivable for the six months ended in Dec. 2023 was A$124.2 Mil. WiseTech Global's Revenue for the six months ended in Dec. 2023 was A$500.4 Mil. Hence, WiseTech Global's Days Sales Outstanding for the six months ended in Dec. 2023 was 45.28.

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

ASX:WTC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.88 Med: 46.6 Max: 50.13
Current: 44.09

During the past 8 years, WiseTech Global's highest Days Sales Outstanding was 50.13. The lowest was 31.88. And the median was 46.60.

ASX:WTC's Days Sales Outstanding is ranked better than
72.19% of 2726 companies
in the Software industry
Industry Median: 62.195 vs ASX:WTC: 44.09

WiseTech Global's Days Sales Outstanding increased from Dec. 2022 (44.23) to Dec. 2023 (45.28).

WiseTech Global Days Sales Outstanding Historical Data

The historical data trend for WiseTech Global'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.

WiseTech Global Days Sales Outstanding Chart

WiseTech Global Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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42.99

48.55

50.13

48.78

48.68

WiseTech Global Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial											47.72	41.68	44.23	45.47	45.28

Competitive Comparison of WiseTech Global's Days Sales Outstanding

For the Software - Application subindustry, WiseTech Global'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.

WiseTech Global's Days Sales Outstanding Distribution in the Software Industry

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

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

WiseTech Global 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.

WiseTech Global'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
=	( (91.3	+	126.6)	/	2 )	/	816.9	*	365
=	108.95					/	816.9	*	365
=	48.68

WiseTech Global'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
=	( (126.6	+	121.7)	/	2 )	/	500.4	*	365 / 2
=	124.15					/	500.4	*	365 / 2
=	45.28

WiseTech Global (ASX:WTC) Days Sales Outstanding Explanation

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

WiseTech Global Days Sales Outstanding Related Terms

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WiseTech Global (ASX:WTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WiseTech Global Ltd (ASX:WTC) » Definitions » Days Sales Outstanding

Comparable Companies

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WIGBY:USA WTCHF:USA 17W:Germany

Address

72 O’Riordan Street, Unit 3a, Alexandria, Sydney, NSW, AUS, 2015

Website

https://www.wisetechglobal.com

WiseTech is a founder-led technology company that provides logistics software. WiseTech's core product suite, CargoWise, provides the best-in-class software solution for international freight-forwarding and boasts industry-leading annual customer retention rates of over 99%. CargoWise's main competition consists of in-house software solutions and manual processes, providing a large and highly winnable market opportunity for WiseTech's current and future products.

WiseTech Global (ASX:WTC) Headlines

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