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Verizon Communications (MIL:1VZ) Days Sales Outstanding : 64.70 (As of Dec. 2024)


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What is Verizon Communications Days Sales Outstanding?

Verizon Communications's average Accounts Receivable for the three months ended in Dec. 2024 was €24,159 Mil. Verizon Communications's Revenue for the three months ended in Dec. 2024 was €34,075 Mil. Hence, Verizon Communications's Days Sales Outstanding for the three months ended in Dec. 2024 was 64.70.

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

MIL:1VZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.06   Med: 66.4   Max: 70.2
Current: 69.36

During the past 13 years, Verizon Communications's highest Days Sales Outstanding was 70.20. The lowest was 38.06. And the median was 66.40.

MIL:1VZ's Days Sales Outstanding is ranked worse than
61.56% of 372 companies
in the Telecommunication Services industry
Industry Median: 57.19 vs MIL:1VZ: 69.36

Verizon Communications's Days Sales Outstanding increased from Dec. 2023 (63.90) to Dec. 2024 (64.70).


Verizon Communications Days Sales Outstanding Historical Data

The historical data trend for Verizon Communications'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.

Verizon Communications Days Sales Outstanding Chart

Verizon Communications Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.63 62.91 62.50 68.54 67.96

Verizon Communications Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 63.90 69.61 70.51 71.67 64.70

Competitive Comparison of Verizon Communications's Days Sales Outstanding

For the Telecom Services subindustry, Verizon Communications'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.


Verizon Communications's Days Sales Outstanding Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Verizon Communications's Days Sales Outstanding distribution charts can be found below:

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


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Verizon Communications 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.

Verizon Communications's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (23002.945 + 24934.095) / 2 ) / 128722.54*365
=23968.52 / 128722.54*365
=67.96

Verizon Communications's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2024 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (23384.554 + 24934.095) / 2 ) / 34075.355*365 / 4
=24159.3245 / 34075.355*365 / 4
=64.70

* 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.


Verizon Communications  (MIL:1VZ) Days Sales Outstanding Explanation

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


Verizon Communications Days Sales Outstanding Related Terms

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Verizon Communications Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Wireless services account for about 70% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses and serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.

Verizon Communications Headlines

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