VERSES AI (VERSES AI) Days Sales Outstanding : 154.04 (As of Dec. 2023)

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What is VERSES AI Days Sales Outstanding?

VERSES AI's average Accounts Receivable for the three months ended in Dec. 2023 was $0.92 Mil. VERSES AI's Revenue for the three months ended in Dec. 2023 was $0.55 Mil. Hence, VERSES AI's Days Sales Outstanding for the three months ended in Dec. 2023 was 154.04.

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

VRSSF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 18.81 Med: 18.92 Max: 118.24
Current: 118.24

During the past 2 years, VERSES AI's highest Days Sales Outstanding was 118.24. The lowest was 18.81. And the median was 18.92.

VRSSF's Days Sales Outstanding is ranked worse than
81.83% of 2725 companies
in the Software industry
Industry Median: 62.18 vs VRSSF: 118.24

VERSES AI's Days Sales Outstanding increased from Dec. 2022 (108.74) to Dec. 2023 (154.04).

VERSES AI Days Sales Outstanding Historical Data

The historical data trend for VERSES AI'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.

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VERSES AI Days Sales Outstanding Chart

VERSES AI Annual Data

Trend

Mar22

Mar23

Days Sales Outstanding

18.82

20.24

VERSES AI Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial						108.74	105.92	25.62	56.32	154.04

Competitive Comparison of VERSES AI's Days Sales Outstanding

For the Software - Infrastructure subindustry, VERSES AI'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.

VERSES AI's Days Sales Outstanding Distribution in the Software Industry

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

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

VERSES AI 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.

VERSES AI's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (0.143	+	0.035)	/	2 )	/	1.605	*	365
=	0.089					/	1.605	*	365
=	20.24

VERSES AI'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
=	( (0.57	+	1.27)	/	2 )	/	0.545	*	365 / 4
=	0.92					/	0.545	*	365 / 4
=	154.04

VERSES AI (OTCPK:VRSSF) Days Sales Outstanding Explanation

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

VERSES AI Days Sales Outstanding Related Terms

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VERSES AI (VERSES AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » VERSES AI Inc (OTCPK:VRSSF) » Definitions » Days Sales Outstanding

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J9A:Germany VERS:Canada

Address

205 - 810 Quayside Drive, New Westminster, BC, CAN, V3M 6B9

Website

https://www.verses.ai

VERSES AI Inc is a cognitive computing company specializing in next-generation AI and developer of KOSM, the world's first network operating system for enabling distributed intelligence. KOSM generates a shared world model of contextualized data, policies, simulations, and workflows.