WeCommerce Holdings (TSXV:WE) Days Sales Outstanding

: 14.29 (As of Dec. 2022)

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WeCommerce Holdings's average Accounts Receivable for the three months ended in Dec. 2022 was C$2.08 Mil. WeCommerce Holdings's Revenue for the three months ended in Dec. 2022 was C$13.30 Mil. Hence, WeCommerce Holdings's Days Sales Outstanding for the three months ended in Dec. 2022 was 14.29.

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

TSXV:WE's Days Sales Outstanding is not ranked ^*
in the Software industry.
Industry Median: 62.27
* Ranked among companies with meaningful Days Sales Outstanding only.

WeCommerce Holdings's Days Sales Outstanding declined from Dec. 2021 (14.67) to Dec. 2022 (14.29).

WeCommerce Holdings Days Sales Outstanding Historical Data

The historical data trend for WeCommerce 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.

WeCommerce Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

28.03

24.61

16.27

14.21

WeCommerce Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Days Sales Outstanding										14.67	14.09	15.23	15.94	14.29

Competitive Comparison

For the Software - Application subindustry, WeCommerce 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.

WeCommerce Holdings Days Sales Outstanding Distribution

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

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

WeCommerce 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.

WeCommerce Holdings's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (1.734	+	2.04)	/	2 )	/	48.472	*	365
=	1.887					/	48.472	*	365
=	14.21

WeCommerce Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2022 is calculated as:

	Days Sales Outstanding (Q: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (2.125	+	2.04)	/	2 )	/	13.3	*	365 / 4
=	2.0825					/	13.3	*	365 / 4
=	14.29

WeCommerce Holdings (TSXV:WE) Days Sales Outstanding Explanation

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

WeCommerce Holdings Days Sales Outstanding Related Terms

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WeCommerce Holdings (TSXV:WE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WeCommerce Holdings Ltd (TSXV:WE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

329 Howe Street, PMB 2066, Victoria, BC, CAN, V6C 3N2

Website

https://www.wecommerce.co

WeCommerce Holdings Ltd is a holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash, Stamped and Foursixty. The company's primary focus is to build, grow and acquire businesses that serve the Shopify Partner ecosystem. These businesses consist largely of Software as a Service, Digital Goods and Services businesses. Generally, these businesses build Apps and Themes and run Agencies that support Shopify merchants. The company targets businesses within the Shopify ecosystem due to its confidence in the Shopify platform, the fragmented nature of the ecosystem and the attractive economics that the businesses generally exhibit. Its segments include Themes, Apps and Agency.

WeCommerce Holdings (TSXV:WE) Headlines

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