Edge Total Intelligence (TSXV:CTRL) Days Sales Outstanding : 93.66 (As of Sep. 2023)

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What is Edge Total Intelligence Days Sales Outstanding?

Edge Total Intelligence's average Accounts Receivable for the three months ended in Sep. 2023 was C$1.44 Mil. Edge Total Intelligence's Revenue for the three months ended in Sep. 2023 was C$1.40 Mil. Hence, Edge Total Intelligence's Days Sales Outstanding for the three months ended in Sep. 2023 was 93.66.

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

TSXV:CTRL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 12.42 Med: 33.36 Max: 103.56
Current: 103.56

During the past 4 years, Edge Total Intelligence's highest Days Sales Outstanding was 103.56. The lowest was 12.42. And the median was 33.36.

TSXV:CTRL's Days Sales Outstanding is ranked worse than
77.62% of 2734 companies
in the Software industry
Industry Median: 61.68 vs TSXV:CTRL: 103.56

Edge Total Intelligence's Days Sales Outstanding increased from Sep. 2022 (56.14) to Sep. 2023 (93.66).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Edge Total Intelligence Days Sales Outstanding Historical Data

The historical data trend for Edge Total Intelligence'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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Edge Total Intelligence Days Sales Outstanding Chart

Edge Total Intelligence Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

12.42

54.29

Edge Total Intelligence Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial														56.14	113.93	99.64	137.76	93.66

Competitive Comparison of Edge Total Intelligence's Days Sales Outstanding

For the Software - Infrastructure subindustry, Edge Total Intelligence'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.

Edge Total Intelligence's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Edge Total Intelligence's Days Sales Outstanding falls into.

Edge Total Intelligence 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.

Edge Total Intelligence's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (0.178	+	1.265)	/	2 )	/	4.851	*	365
=	0.7215					/	4.851	*	365
=	54.29

Edge Total Intelligence'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: Jun. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (2.123	+	0.751)	/	2 )	/	1.4	*	365 / 4
=	1.437					/	1.4	*	365 / 4
=	93.66

Edge Total Intelligence (TSXV:CTRL) Days Sales Outstanding Explanation

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

Edge Total Intelligence Days Sales Outstanding Related Terms

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Edge Total Intelligence (TSXV:CTRL) Business Description

Industry

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Address

666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8

Website

https://www.edgeti.com

Edge Total Intelligence Inc operates as a software company delivering increased operational resilience, agility, and efficiency. The company's low-code rapid development software, edgeCore, securely unifies control and intelligence without creating new data stores or uprooting existing systems. Configurable pipelines and visualizations transform siloed systems into composable operations that meet the unique needs of users and evolving business situations. Edge Total Intelligence serves customers worldwide.