Visioneering Technologies (ASX:VTI) Days Sales Outstanding : 52.23 (As of Dec. 2023)

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What is Visioneering Technologies Days Sales Outstanding?

Visioneering Technologies's average Accounts Receivable for the six months ended in Dec. 2023 was A$1.71 Mil. Visioneering Technologies's Revenue for the six months ended in Dec. 2023 was A$5.98 Mil. Hence, Visioneering Technologies's Days Sales Outstanding for the six months ended in Dec. 2023 was 52.23.

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

ASX:VTI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 35.49 Med: 41.8 Max: 84.33
Current: 42.29

During the past 7 years, Visioneering Technologies's highest Days Sales Outstanding was 84.33. The lowest was 35.49. And the median was 41.80.

ASX:VTI's Days Sales Outstanding is ranked better than
81.48% of 810 companies
in the Medical Devices & Instruments industry
Industry Median: 64.2 vs ASX:VTI: 42.29

Visioneering Technologies's Days Sales Outstanding increased from Dec. 2022 (47.34) to Dec. 2023 (52.23).

Visioneering Technologies Days Sales Outstanding Historical Data

The historical data trend for Visioneering Technologies'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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Visioneering Technologies Days Sales Outstanding Chart

Visioneering Technologies Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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41.80

66.39

46.08

39.67

35.49

Visioneering Technologies Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial									44.12	50.64	47.34	40.03	52.23

Competitive Comparison of Visioneering Technologies's Days Sales Outstanding

For the Medical Devices subindustry, Visioneering Technologies'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.

Visioneering Technologies's Days Sales Outstanding Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Visioneering Technologies's Days Sales Outstanding distribution charts can be found below:

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

Visioneering Technologies 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.

Visioneering Technologies'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
=	( (1.076	+	1.443)	/	2 )	/	12.953	*	365
=	1.2595					/	12.953	*	365
=	35.49

Visioneering Technologies'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (1.977	+	1.443)	/	2 )	/	5.975	*	365 / 2
=	1.71					/	5.975	*	365 / 2
=	52.23

Visioneering Technologies (ASX:VTI) Days Sales Outstanding Explanation

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

Visioneering Technologies Days Sales Outstanding Related Terms

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Visioneering Technologies (ASX:VTI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Visioneering Technologies Inc (ASX:VTI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

10745 Westside Way, Suite 200, Alpharetta, GA, USA, 30009

Website

http://www.vtivision.com

Visioneering Technologies Inc is a medical device company. It designs, manufactures, sales and distributes its NaturalVue daily disposable multifocal contact lenses for adults with Presbyopia and children with Myopia. The company offers NaturalVue MF contact lenses. Its Multifocal contact lens provides Presbyopia patients with near, intermediate, and distance vision and which is much easier for eye care professionals to fit their patients.