NowVertical Group (FRA:5XQ) Days Sales Outstanding : 49.91 (As of Jun. 2023)

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What is NowVertical Group Days Sales Outstanding?

NowVertical Group's average Accounts Receivable for the three months ended in Jun. 2023 was €7.80 Mil. NowVertical Group's Revenue for the three months ended in Jun. 2023 was €14.27 Mil. Hence, NowVertical Group's Days Sales Outstanding for the three months ended in Jun. 2023 was 49.91.

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

FRA:5XQ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.83 Med: 30.14 Max: 55.53
Current: 55.53

During the past 4 years, NowVertical Group's highest Days Sales Outstanding was 55.53. The lowest was 28.83. And the median was 30.14.

FRA:5XQ's Days Sales Outstanding is ranked better than
57.54% of 2732 companies
in the Software industry
Industry Median: 61.815 vs FRA:5XQ: 55.53

NowVertical Group's Days Sales Outstanding increased from Jun. 2022 (34.27) to Jun. 2023 (49.91).

NowVertical Group Days Sales Outstanding Historical Data

The historical data trend for NowVertical Group'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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NowVertical Group Days Sales Outstanding Chart

NowVertical Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

30.09

28.81

39.44

NowVertical Group Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							38.22	40.15	42.24	49.91	-

Competitive Comparison of NowVertical Group's Days Sales Outstanding

For the Software - Infrastructure subindustry, NowVertical Group'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.

NowVertical Group's Days Sales Outstanding Distribution in the Software Industry

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

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

NowVertical Group 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.

NowVertical Group'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
=	( (3.567	+	6.678)	/	2 )	/	47.411	*	365
=	5.1225					/	47.411	*	365
=	39.44

NowVertical Group's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (8.213	+	7.396)	/	2 )	/	14.27	*	365 / 4
=	7.8045					/	14.27	*	365 / 4
=	49.91

NowVertical Group (FRA:5XQ) Days Sales Outstanding Explanation

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

NowVertical Group Days Sales Outstanding Related Terms

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NowVertical Group (FRA:5XQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NowVertical Group Inc (FRA:5XQ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

NOWVF:USA NOW:Canada

Address

7750 Okeechobee boulevard, Suite 4-2024, West Palm Beach, FL, USA, 33411

Website

https://www.nowvertical.com

NowVertical Group Inc is a company specializing in accretive data analytics software and services. It is a global data software and services company that helps businesses by helping its clients understand, manage and utilize their data. It has the following operating segments: Technology and Solutions. The company earns the majority of the revenue from the Solutions segment.

NowVertical Group (FRA:5XQ) Headlines

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