Vertex (FRA:56X) Days Sales Outstanding : 80.58 (As of Dec. 2023)

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What is Vertex Days Sales Outstanding?

Vertex's average Accounts Receivable for the three months ended in Dec. 2023 was €125.4 Mil. Vertex's Revenue for the three months ended in Dec. 2023 was €142.1 Mil. Hence, Vertex's Days Sales Outstanding for the three months ended in Dec. 2023 was 80.58.

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

FRA:56X' s Days Sales Outstanding Range Over the Past 10 Years
Min: 66.08 Med: 73.57 Max: 83.39
Current: 77.22

During the past 6 years, Vertex's highest Days Sales Outstanding was 83.39. The lowest was 66.08. And the median was 73.57.

FRA:56X's Days Sales Outstanding is ranked worse than
64% of 2725 companies
in the Software industry
Industry Median: 61.89 vs FRA:56X: 77.22

Vertex's Days Sales Outstanding increased from Dec. 2022 (70.99) to Dec. 2023 (80.58).

Vertex Days Sales Outstanding Historical Data

The historical data trend for Vertex'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.

Vertex Days Sales Outstanding Chart

Vertex Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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74.45

75.11

63.73

64.97

78.97

Vertex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															70.99	71.06	76.12	80.59	80.58

Competitive Comparison of Vertex's Days Sales Outstanding

For the Software - Application subindustry, Vertex'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.

Vertex's Days Sales Outstanding Distribution in the Software Industry

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

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

Vertex 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.

Vertex'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
=	( (97.123	+	129.987)	/	2 )	/	524.879	*	365
=	113.555					/	524.879	*	365
=	78.97

Vertex'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
=	( (120.89	+	129.987)	/	2 )	/	142.056	*	365 / 4
=	125.4385					/	142.056	*	365 / 4
=	80.58

Vertex (FRA:56X) Days Sales Outstanding Explanation

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

Vertex Days Sales Outstanding Related Terms

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Vertex (FRA:56X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vertex Inc (FRA:56X) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

VERX:USA

Address

2301 Renaissance Boulevard, King of Prussia, PA, USA, 19406

Website

https://www.vertexinc.com

Vertex Inc is a provider of tax technology and services. It enables companies to realize the full strategic potential of the tax function by automating and integrating tax processes while leveraging advanced and predictive analytics of tax data. Vertex provides cloud-based and on-premise solutions to specific industries for every line of tax, including income, sales, consumer use, value-added, and payroll. The company offers solutions such as tax determination, Tax Data Management, document management, and compliance and reporting among others. The company derives revenue from software subscriptions.

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