SPDC (Speed Commerce) Days Sales Outstanding: 55.40 (As of Dec. 2015)

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What is Speed Commerce Days Sales Outstanding?

Speed Commerce SPDC Days Sales Outstanding is 55.40 as of Dec. 2015.

Speed Commerce's average Accounts Receivable for the three months ended in Dec. 2015 was $20.3 Mil. Speed Commerce's Revenue for the three months ended in Dec. 2015 was $33.5 Mil. Hence, Speed Commerce's Days Sales Outstanding for the three months ended in Dec. 2015 was 55.40.

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

SPDC's Days Sales Outstanding is not ranked *
in the Software industry.
Industry Median: 60.36
* Ranked among companies with meaningful Days Sales Outstanding only.

Speed Commerce's Days Sales Outstanding declined from Dec. 2014 (60.75) to Dec. 2015 (55.40).

Speed Commerce  (OTCPK:SPDC) Days Sales Outstanding Explanation

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

Speed Commerce Days Sales Outstanding Related Terms

Speed Commerce Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Speed Commerce'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.

Speed Commerce Days Sales Outstanding Chart

Speed Commerce Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.12 2,481.70 210.41 56.97 56.59

Speed Commerce Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 60.75 59.43 49.86 56.39 55.40

SPDC vs RMDM, BVTK, LAAB: Days Sales Outstanding Comparison

For the Software - Application subindustry, Speed Commerce'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.

Speed Commerce Days Sales Outstanding vs Software Industry

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

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


Speed Commerce 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.

Speed Commerce's Days Sales Outstanding for the fiscal year that ended in Mar. 2015 is calculated as

Days Sales Outstanding (A: Mar. 2015 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2014 ) + Accounts Receivable (A: Mar. 2015 )) / count ) / Revenue (A: Mar. 2015 )*Days in Period
=( (18.527 + 18.685) / 2 ) / 120.008*365
=18.606 / 120.008*365
=56.59

Speed Commerce's Days Sales Outstanding for the quarter that ended in Dec. 2015 is calculated as:

Days Sales Outstanding (Q: Dec. 2015 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2015 ) + Accounts Receivable (A: Dec. 2015 )) / count ) / Revenue (A: Dec. 2015 )*Days in Period
=( (19.848 + 20.772) / 2 ) / 33.45*365 / 4
=20.31 / 33.45*365 / 4
=55.40

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 55.40 mean?
Speed Commerce (SPDC) has a Days Sales Outstanding of 55.40 as of Dec. 2015. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Speed Commerce and its competitors.
Is Speed Commerce's Days Sales Outstanding too high?
Speed Commerce's current Days Sales Outstanding is 55.40. The Software industry median Days Sales Outstanding is 60.36. Speed Commerce's value of 55.40 is 8.2% below this industry median.
How does Speed Commerce's Days Sales Outstanding compare to RMDM and BVTK?
Speed Commerce's Days Sales Outstanding of 55.40 can be compared against companies in the Software industry. The industry median Days Sales Outstanding is 60.36. Speed Commerce's value of 55.40 is 8.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Software company?
The median Days Sales Outstanding among Software companies is 60.36, based on 2,768 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Speed Commerce's current Days Sales Outstanding of 55.40 is 8.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Speed Commerce and its competitors. For the Software industry, the median Days Sales Outstanding is 60.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speed Commerce's current Days Sales Outstanding is 55.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speed Commerce stock overvalued right now?
Speed Commerce (SPDC) has a current Days Sales Outstanding of 55.40. The current Days Sales Outstanding is 55.40 and 8.2% below the Software industry median of 60.36. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Speed Commerce (SPDC), the current Days Sales Outstanding is 55.40 as of Dec. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Speed Commerce Business Description

Address 1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081
Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.