Wix.com (FRA:W1X) Days Sales Outstanding : 12.79 (As of Dec. 2023)

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What is Wix.com Days Sales Outstanding?

Wix.com's average Accounts Receivable for the three months ended in Dec. 2023 was €52 Mil. Wix.com's Revenue for the three months ended in Dec. 2023 was €370 Mil. Hence, Wix.com's Days Sales Outstanding for the three months ended in Dec. 2023 was 12.79.

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

FRA:W1X' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.3 Med: 7.66 Max: 12.15
Current: 12.15

During the past 13 years, Wix.com's highest Days Sales Outstanding was 12.15. The lowest was 2.30. And the median was 7.66.

FRA:W1X's Days Sales Outstanding is ranked better than
95.23% of 2726 companies
in the Software industry
Industry Median: 62.175 vs FRA:W1X: 12.15

Wix.com's Days Sales Outstanding increased from Dec. 2022 (10.33) to Dec. 2023 (12.79).

Wix.com Days Sales Outstanding Historical Data

The historical data trend for Wix.com'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.

Wix.com Days Sales Outstanding Chart

Wix.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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7.27

7.84

7.53

9.28

11.77

Wix.com 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															10.33	11.60	12.45	12.40	12.79

Competitive Comparison of Wix.com's Days Sales Outstanding

For the Software - Infrastructure subindustry, Wix.com'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.

Wix.com's Days Sales Outstanding Distribution in the Software Industry

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

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

Wix.com 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.

Wix.com'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
=	( (39.729	+	52.63)	/	2 )	/	1432.047	*	365
=	46.1795					/	1432.047	*	365
=	11.77

Wix.com'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
=	( (51.16	+	52.63)	/	2 )	/	370.258	*	365 / 4
=	51.895					/	370.258	*	365 / 4
=	12.79

Wix.com (FRA:W1X) Days Sales Outstanding Explanation

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

Wix.com Days Sales Outstanding Related Terms

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

Wix.com (FRA:W1X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wix.com Ltd (FRA:W1X) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

WIX:USA WIX:Mexico W1X:Germany W1IX34:Brazil

Address

5 Yunitsman St., Tel Aviv, ISR, 6936025

Website

https://www.wix.com

Wix.com Ltd is a cloud-based development platform provider for millions of registered users worldwide. The company is engaged in web development and management that provides an easy-to-use powerful cloud-based platform of products through a freemium model. Its core products consist of three web editors: the Wix Editor, intended for users with basic technological skills, Wix ADI, intended for novice users and Corvid, intended for more tech-savvy users. The company's web development technology is built based on HTML5 and offers HTML5 compatible capabilities, web design and layout tools, domain hosting, and other marketing and workflow management applications and services. The geographic segments include North America, Europe, Latin America, Asia and others.

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