Evolv Technologies Holdings (Evolv Technologies Holdings) Days Sales Outstanding

: 109.56 (As of Dec. 2023)

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Evolv Technologies Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $26.20 Mil. Evolv Technologies Holdings's Revenue for the three months ended in Dec. 2023 was $21.82 Mil. Hence, Evolv Technologies Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 109.56.

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

EVLV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 61.44 Med: 90.96 Max: 126.96
Current: 126.96

During the past 5 years, Evolv Technologies Holdings's highest Days Sales Outstanding was 126.96. The lowest was 61.44. And the median was 90.96.

EVLV's Days Sales Outstanding is ranked worse than
88.18% of 1041 companies
in the Business Services industry
Industry Median: 58.28 vs EVLV: 126.96

Evolv Technologies Holdings's Days Sales Outstanding declined from Dec. 2022 (116.04) to Dec. 2023 (109.56).

Warning Sign:

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

Evolv Technologies Holdings Days Sales Outstanding Historical Data

The historical data trend for Evolv Technologies Holdings'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.

Evolv Technologies Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

61.44

90.96

61.46

126.96

123.75

Evolv Technologies Holdings Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding												116.04	135.24	127.84	140.50	109.56

Competitive Comparison

For the Security & Protection Services subindustry, Evolv Technologies Holdings'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.

Evolv Technologies Holdings Days Sales Outstanding Distribution

For the Business Services industry and Industrials sector, Evolv Technologies Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Evolv Technologies Holdings's Days Sales Outstanding falls into.

Evolv Technologies Holdings 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.

Evolv Technologies Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (31.92	+	22.611)	/	2 )	/	80.418	*	365
=	27.2655					/	80.418	*	365
=	123.75

Evolv Technologies Holdings'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (29.786	+	22.611)	/	2 )	/	21.821	*	365 / 4
=	26.1985					/	21.821	*	365 / 4
=	109.56

Evolv Technologies Holdings (NAS:EVLV) Days Sales Outstanding Explanation

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

Evolv Technologies Holdings Days Sales Outstanding Related Terms

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Evolv Technologies Holdings (Evolv Technologies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Evolv Technologies Holdings Inc (NAS:EVLV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

500 Totten Pond Road, 4th Floor, Waltham, MA, USA, 02451

Website

https://www.evolvtechnology.com

Evolv Technologies Holdings Inc offers an AI-based touchless security screening. Its touchless security screening systems use artificial intelligence software, cloud services, and advanced sensors to reliably detect dangerous weapons while ignoring harmless items like cell phones, laptops, and keys. The firm operates in a single segment that develops, manufactures, markets, and sells security screening products and specific services. Its products are used in different industries such as casinos, industrial workplaces, schools, and ticketed venues.

Executives

Michael Ellenbogen	director, officer: Founder & Head of Adv. Tech.	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Anil Chitkara	officer: Founder & Head of Corp. Dev.	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Peter Gustav George	director, officer: Chief Executive Officer	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Anthony John Derosa	officer: Chief Revenue Officer	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Rajan Naik	director	500 WEST MONROE STREET, CHICAGO IL 60661
David Mounts Gonzales	director	C/O EVOLV TECHNOLOGIES HOLDINGS, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Jay Muelhoefer	officer: Chief Commercial Officer	C/O EVOLV TECHNOLOGIES HOLDINGS, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Mark Donohue	officer: Chief Financial Officer	C/O EVOLV TECHNOLOGIES HOLDINGS, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Kevin M. Charlton	director	14631 NORTH SCOTTSDALE RD, SUITE 200, SCOTTSDALE AZ 85254
John Kedzierski	director	C/O EVOLV TECHNOLOGY, 500 W MONROE STREET, STE 4400, CHICAGO IL 60661-3781
Mario Ramos	officer: Chief Financial Officer	C/O EVOLV TECHNOLOGIES, INC., 500 TOTTEN POND ROAD, 4TH FLOOR, WALTHAM MA 02451
Neil Glat	director	950 MCCARTY STREET, BUILDING A, HOUSTON TX 77029
Finback Evolv Obh, Llc	10 percent owner	1200 ANASTASIA AVENUE, SUITE 500, CORAL GABLES FL 33134
Merline Saintil	director	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
David J Orfao	director	C/O GENERAL CATALYST PARTNERS, 20 UNIVERSITY RD., 4TH FLOOR, CAMBRIDGE MA 02138