Versarien (LSE:VRS) Days Sales Outstanding : 96.58 (As of Sep. 2023)

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What is Versarien Days Sales Outstanding?

Versarien's average Accounts Receivable for the six months ended in Sep. 2023 was £1.50 Mil. Versarien's Revenue for the six months ended in Sep. 2023 was £2.83 Mil. Hence, Versarien's Days Sales Outstanding for the six months ended in Sep. 2023 was 96.58.

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

LSE:VRS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 52.41 Med: 75.56 Max: 120.43
Current: 100.23

During the past 12 years, Versarien's highest Days Sales Outstanding was 120.43. The lowest was 52.41. And the median was 75.56.

LSE:VRS's Days Sales Outstanding is ranked worse than
80.12% of 1529 companies
in the Chemicals industry
Industry Median: 64.13 vs LSE:VRS: 100.23

Versarien's Days Sales Outstanding declined from Mar. 2022 (166.47) to Sep. 2023 (96.58).

Versarien Days Sales Outstanding Historical Data

The historical data trend for Versarien'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.

Versarien Days Sales Outstanding Chart

Versarien Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Sep23

Days Sales Outstanding

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76.21

74.91

109.89

100.80

120.43

Versarien Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															186.64	144.34	166.47	157.12	96.58

Competitive Comparison of Versarien's Days Sales Outstanding

For the Specialty Chemicals subindustry, Versarien'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.

Versarien's Days Sales Outstanding Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Versarien's Days Sales Outstanding distribution charts can be found below:

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

Versarien 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.

Versarien's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.558	+	1.037)	/	2 )	/	5.448	*	365
=	1.7975					/	5.448	*	365
=	120.43

Versarien's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

	Days Sales Outstanding (Q: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (1.955	+	1.037)	/	2 )	/	2.827	*	365 / 2
=	1.496					/	2.827	*	365 / 2
=	96.58

Versarien (LSE:VRS) Days Sales Outstanding Explanation

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

Versarien Days Sales Outstanding Related Terms

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Versarien (LSE:VRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versarien PLC (LSE:VRS) » Definitions » Days Sales Outstanding

Comparable Companies

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VRSRF:USA VRS.GB:UK 9RV:Germany

Address

Monmouth Road, Units 1A-D, Longhope Business Park, Longhope, Gloucestershire, GBR, GL17 0QZ

Website

https://www.versarien.com

Versarien PLC is an IP-led advanced engineering materials group that utilizes proprietary technology to create innovative new engineering solutions. The business activities of the group function through Graphene and Plastic Products and Hard Wear and Metallic Product segments. Graphene and Plastic Products focused on delivering graphene solutions through plastics and carbon fibre composites, and Hard Wear and Metallic Products focused on delivering aluminium and tungsten carbide products. Geographically, the company operates in the UK, North America, the Rest of Europe, and others.