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RDVT (Red Violet) Days Sales Outstanding : 38.52 (As of Dec. 2024)


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What is Red Violet Days Sales Outstanding?

Red Violet's average Accounts Receivable for the three months ended in Dec. 2024 was $8.26 Mil. Red Violet's Revenue for the three months ended in Dec. 2024 was $19.57 Mil. Hence, Red Violet's Days Sales Outstanding for the three months ended in Dec. 2024 was 38.52.

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

RDVT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.76   Med: 36.88   Max: 55.25
Current: 38.34

During the past 9 years, Red Violet's highest Days Sales Outstanding was 55.25. The lowest was 28.76. And the median was 36.88.

RDVT's Days Sales Outstanding is ranked better than
79.02% of 2741 companies
in the Software industry
Industry Median: 63.34 vs RDVT: 38.34

Red Violet's Days Sales Outstanding declined from Dec. 2023 (42.23) to Dec. 2024 (38.52).


Red Violet Days Sales Outstanding Historical Data

The historical data trend for Red Violet'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.

Red Violet Days Sales Outstanding Chart

Red Violet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only 35.59 28.76 31.73 38.41 36.88

Red Violet 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 42.23 39.10 37.91 39.32 38.52

Competitive Comparison of Red Violet's Days Sales Outstanding

For the Software - Application subindustry, Red Violet'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.


Red Violet's Days Sales Outstanding Distribution in the Software Industry

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

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


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Red Violet 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.

Red Violet'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
=( (7.135 + 8.061) / 2 ) / 75.189*365
=7.598 / 75.189*365
=36.88

Red Violet'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
=( (8.459 + 8.061) / 2 ) / 19.565*365 / 4
=8.26 / 19.565*365 / 4
=38.52

* 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.


Red Violet  (NAS:RDVT) Days Sales Outstanding Explanation

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


Red Violet Days Sales Outstanding Related Terms

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Red Violet Business Description

Traded in Other Exchanges
Address
2650 North Military Trail, Suite 300, Boca Raton, FL, USA, 33431
Red Violet Inc is a software and services company. It specializes in big data analysis, providing cloud-based, mission-critical information solutions to enterprises in a variety of industries. Through its CORE data fusion platform, it provides mission-critical information about individuals, businesses and assets.
Executives
Steven D Rubin director OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Lisa M. Stanton director 17064 CROSSGATE DRIVE, JUPITER FL 33477
Peter Benz director 171 MADISON AVE., 17 FL.,, NEW YORK NY 10016
Jeffrey Alan Dell officer: Chief Information Officer C/O IDI, INC., 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Derek Dubner director, officer: Chief Executive Officer 2650 N. MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Daniel Maclachlan officer: Chief Financial Officer 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
James Patrick Reilly officer: President 2650 N. MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Michael Brauser 10 percent owner 4400 BISCAYNE BLVD., SUITE 850, MIAMI FL 33137
Greater Miami Jewish Federation, Inc. 10 percent owner 4200 BISCAYNE BLVD., MIAMI FL 33137
Frost Phillip Md Et Al 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Robert Swayman director 5022 NW 102 DRIVE, CORAL SPRINGS FL 33076
Ryan Schulke 10 percent owner C/O IDI, INC., 2650 NORTH MILITARY TRAIL, SUITE 300, BOCA RATON FL 33431
Jinbo Wang officer: Chief Accounting Officer, other: Principal Accounting Officer C/O TIGER MEDIA, INC. ROOM 1705, 511 WEIHAI ROAD, JING AN DISTRICT, SHANGHAI F4 200041