DVRNF (Deveron) Days Sales Outstanding: 63.47 (As of Mar. 2025)

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What is Deveron Days Sales Outstanding?

Deveron DVRNF Days Sales Outstanding is 63.47 as of Mar. 2025.

Deveron's average Accounts Receivable for the three months ended in Mar. 2025 was $2.09 Mil. Deveron's Revenue for the three months ended in Mar. 2025 was $3.01 Mil. Hence, Deveron's Days Sales Outstanding for the three months ended in Mar. 2025 was 63.47.

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

DVRNF's Days Sales Outstanding is not ranked *
in the Software industry.
Industry Median: 61.37
* Ranked among companies with meaningful Days Sales Outstanding only.

Deveron's Days Sales Outstanding declined from Mar. 2024 (83.24) to Mar. 2025 (63.47).


Deveron  (OTCPK:DVRNF) Days Sales Outstanding Explanation

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


Deveron Days Sales Outstanding Related Terms


Deveron Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Deveron'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.

Deveron Days Sales Outstanding Chart

Deveron Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.54 85.14 68.03 57.84 49.74

Deveron Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 83.24 46.66 39.10 26.47 63.47

DVRNF vs HWNI, FRQN, IBM: Days Sales Outstanding Comparison

For the Information Technology Services subindustry, Deveron'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.


Deveron Days Sales Outstanding vs Software Industry

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

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



Deveron 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.

Deveron's Days Sales Outstanding for the fiscal year that ended in Jun. 2024 is calculated as

Days Sales Outstanding (A: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2022 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (4.781 + 2.242) / 2 ) / 25.769*365
=3.5115 / 25.769*365
=49.74

Deveron's Days Sales Outstanding for the quarter that ended in Mar. 2025 is calculated as:

Days Sales Outstanding (Q: Mar. 2025 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2024 ) + Accounts Receivable (A: Mar. 2025 )) / count ) / Revenue (A: Mar. 2025 )*Days in Period
=( (2.511 + 1.675) / 2 ) / 3.009*365 / 4
=2.093 / 3.009*365 / 4
=63.47

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 63.47 mean?
Deveron (DVRNF) has a Days Sales Outstanding of 63.47 as of Mar. 2025. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Deveron and its competitors.
Is Deveron's Days Sales Outstanding too high?
Deveron's current Days Sales Outstanding is 63.47. The Software industry median Days Sales Outstanding is 61.37. Deveron's value of 63.47 is 3.4% above this industry median.
How does Deveron's Days Sales Outstanding compare to HWNI and FRQN?
Deveron's Days Sales Outstanding of 63.47 can be compared against companies in the Software industry. The industry median Days Sales Outstanding is 61.37. Deveron's value of 63.47 is 3.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Software company?
The median Days Sales Outstanding among Software companies is 61.37, based on 2,773 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Deveron's current Days Sales Outstanding of 63.47 is 3.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Deveron and its competitors. For the Software industry, the median Days Sales Outstanding is 61.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Deveron's current Days Sales Outstanding is 63.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Deveron stock overvalued right now?
Deveron (DVRNF) has a current Days Sales Outstanding of 63.47. The current Days Sales Outstanding is 63.47 and 3.4% above the Software industry median of 61.37. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Deveron (DVRNF), the current Days Sales Outstanding is 63.47 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Deveron Business Description

Address 82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Deveron Corp is an agriculture technology company focused on providing data acquisition services and data analytics to the farming sector in North America. It operates four agriculture testing facilities in North America and provides testing and insights on over nearly one million data points a year. The company comprise one reportable operating segment: data acquisition services and data analytics sector in Canada and in the USA.