Market Cap : 99.83 M | Enterprise Value : 352.2 M | PE Ratio : 5.49 | PB Ratio : 0.65 |
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Elevate Credit's average Accounts Receivable for the three months ended in Dec. 2020 was $3.3 Mil. Elevate Credit's Revenue for the three months ended in Dec. 2020 was $90.7 Mil. Hence, Elevate Credit's Days Sales Outstanding for the three months ended in Dec. 2020 was 3.28.
During the past 8 years, Elevate Credit's highest Days Sales Outstanding was 19.07. The lowest was 3.90. And the median was 9.10.
Elevate Credit's Days Sales Outstanding declined from Dec. 2019 (5.11) to Dec. 2020 (3.28).
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
* The bar in red indicates where Elevate Credit's Days Sales Outstanding falls into.
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.
Elevate Credit's Days Sales Outstanding for the fiscal year that ended in Dec. 2020 is calculated as
Days Sales Outstanding (A: Dec. 2020 ) | |||||||||
= | Average Accounts Receivable | / | Revenue | * | Days in Period | ||||
= | ( (Accounts Receivable (A: Dec. 2019 ) | + | Accounts Receivable (A: Dec. 2020 )) | / | count ) | / | Revenue (A: Dec. 2020 ) | * | Days in Period |
= | ( (8.696 | + | 1.255) | / | 2 ) | / | 465.346 | * | 365 |
= | 4.9755 | / | 465.346 | * | 365 | ||||
= | 3.90 |
Elevate Credit's Days Sales Outstanding for the quarter that ended in Dec. 2020 is calculated as:
Days Sales Outstanding (Q: Dec. 2020 ) | |||||||||
= | Average Accounts Receivable | / | Revenue | * | Days in Period | ||||
= | ( (Accounts Receivable (A: Sep. 2020 ) | + | Accounts Receivable (A: Dec. 2020 )) | / | count ) | / | Revenue (A: Dec. 2020 ) | * | Days in Period |
= | ( (5.26 | + | 1.255) | / | 2 ) | / | 90.724 | * | 365 / 4 |
= | 3.2575 | / | 90.724 | * | 365 / 4 | ||||
= | 3.28 |
* All numbers are in millions except for per share data and ratio. All numbers are indicated in the company's associated stock exchange currency.
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
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