Vecima Networks (FRA:VCM) Days Sales Outstanding : 85.03 (As of Mar. 2024)

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What is Vecima Networks Days Sales Outstanding?

Vecima Networks's average Accounts Receivable for the three months ended in Mar. 2024 was €50.8 Mil. Vecima Networks's Revenue for the three months ended in Mar. 2024 was €54.5 Mil. Hence, Vecima Networks's Days Sales Outstanding for the three months ended in Mar. 2024 was 85.03.

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

FRA:VCM' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.69 Med: 65.7 Max: 77.44
Current: 77.44

During the past 13 years, Vecima Networks's highest Days Sales Outstanding was 77.44. The lowest was 31.69. And the median was 65.70.

FRA:VCM's Days Sales Outstanding is ranked worse than
53.19% of 2461 companies
in the Hardware industry
Industry Median: 74.33 vs FRA:VCM: 77.44

Vecima Networks's Days Sales Outstanding increased from Mar. 2023 (74.17) to Mar. 2024 (85.03).

Vecima Networks Days Sales Outstanding Historical Data

The historical data trend for Vecima Networks'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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Vecima Networks Days Sales Outstanding Chart

Vecima Networks Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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67.03

72.81

72.85

70.88

65.41

Vecima Networks Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															74.17	74.28	79.13	81.67	85.03

Competitive Comparison of Vecima Networks's Days Sales Outstanding

For the Communication Equipment subindustry, Vecima Networks'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.

Vecima Networks's Days Sales Outstanding Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Vecima Networks's Days Sales Outstanding distribution charts can be found below:

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

Vecima Networks 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.

Vecima Networks's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (35.497	+	40.059)	/	2 )	/	210.803	*	365
=	37.778					/	210.803	*	365
=	65.41

Vecima Networks's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (42.02	+	59.485)	/	2 )	/	54.468	*	365 / 4
=	50.7525					/	54.468	*	365 / 4
=	85.03

Vecima Networks (FRA:VCM) Days Sales Outstanding Explanation

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

Vecima Networks Days Sales Outstanding Related Terms

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Vecima Networks (FRA:VCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Vecima Networks Inc (FRA:VCM) » Definitions » Days Sales Outstanding

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VNWTF:USA VCM:Canada

Address

771 Vanalman Avenue, Victoria, BC, CAN, V8Z 3B8

Website

https://www.vecima.com

Vecima Networks Inc focuses on developing integrated hardware and scalable software solutions for broadband access, content delivery, and telematics. The company enables innovators to advance, connect, entertain, and analyze. It operates in three segments namely Video and Broadband Solutions, Content Delivery & Storage, and Telematics. The Video and Broadband Solutions segment design, develop, and distributes electronic communications products to cable and telecommunications markets. The Content Delivery and Storage segment develop advanced applications focused on storing, protecting, and transforming and delivering visual media. Its geographical segment includes the United States, Canada, Europe, Japan, and others, of which the majority of the revenue comes from the United States.

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