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Evertec (Evertec) Days Sales Outstanding : 57.24 (As of Dec. 2023)


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What is Evertec Days Sales Outstanding?

Evertec's average Accounts Receivable for the three months ended in Dec. 2023 was $122.1 Mil. Evertec's Revenue for the three months ended in Dec. 2023 was $194.6 Mil. Hence, Evertec's Days Sales Outstanding for the three months ended in Dec. 2023 was 57.24.

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

EVTC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.67   Med: 49.42   Max: 63.58
Current: 62.53

During the past 13 years, Evertec's highest Days Sales Outstanding was 63.58. The lowest was 38.67. And the median was 49.42.

EVTC's Days Sales Outstanding is ranked worse than
50.35% of 2721 companies
in the Software industry
Industry Median: 62.03 vs EVTC: 62.53

Evertec's Days Sales Outstanding declined from Dec. 2022 (63.71) to Dec. 2023 (57.24).


Evertec Days Sales Outstanding Historical Data

The historical data trend for Evertec'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.

Evertec Days Sales Outstanding Chart

Evertec Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.78 41.89 38.67 53.09 63.58

Evertec Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.71 68.95 64.80 59.32 57.24

Competitive Comparison of Evertec's Days Sales Outstanding

For the Software - Infrastructure subindustry, Evertec'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.


Evertec's Days Sales Outstanding Distribution in the Software Industry

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

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



Evertec 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.

Evertec'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
=( (113.638 + 128.403) / 2 ) / 694.709*365
=121.0205 / 694.709*365
=63.58

Evertec'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
=( (115.779 + 128.403) / 2 ) / 194.621*365 / 4
=122.091 / 194.621*365 / 4
=57.24

* 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.


Evertec  (NYSE:EVTC) Days Sales Outstanding Explanation

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


Evertec Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Evertec's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Evertec (Evertec) Business Description

Industry
Traded in Other Exchanges
Address
Cupey Center Building, Road 176, Kilometer 1.3, San Juan, PRI, 00926
Evertec Inc is a transaction processing business in Latin America and the Caribbean. Its business segments are Merchant Acquiring, Payment Services - Puerto Rico & Caribbean, Payment Services - Latin America, and Business Solutions. The company serves a diversified customer base of financial institutions, merchants, corporations and government agencies with mission-critical technology solutions that enable them to issue, process and accept transactions securely. The company derives revenue based on transaction or discount fees or fees based on the number of accounts on file.
Executives
Diego Viglianco officer: EVP & Chief Operating Officer PO BOX 364527, SAN JUAN PR 00936
Paola Perez-surillo officer: Senior Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Virginia Gambale director C/O JETBLUE AIRWAYS CORP., 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
Joaquin A. Castrillo-salgado officer: Vice President of Finance PO BOX 364527, SAN JUAN PR 00936-4527
Luis A Rodriguez-gonzalez officer: General Counsel & Secretary PO BOX 364527, SAN JUAN PR 00936-4527
Morgan M Schuessler director, officer: President & CEO PO BOX 364527, SAN JUAN PR 00936-4527
Popular Inc 10 percent owner P.O. BOX 362708, SAN JUAN PR 00936-2708
Guillermo Rospigliosi officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Castillo Rodrigo Del officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Kelly Hefner Barrett director 4630 WYNMEADE PARK, MARIETTA GA 30067
Philip E. Steurer officer: Chief Operating Officer PO BOX 364527, SAN JUAN PR 00936-4527
Miguel Vizcarrondo officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Frank D. D'angelo director PO BOX 364527, SAN JUAN PR 00936-4527
Carlos J. Ramirez officer: Executive Vice President PO BOX 364527, SAN JUAN PR 00936-4527
Ivan Pagan director PO BOX 364527, SAN JUAN PR 00936-4527

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