Vertex Resource Group (TSXV:VTX) Days Sales Outstanding : 74.15 (As of Dec. 2024)

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What is Vertex Resource Group Days Sales Outstanding?

Vertex Resource Group's average Accounts Receivable for the three months ended in Dec. 2024 was C$44.4 Mil. Vertex Resource Group's Revenue for the three months ended in Dec. 2024 was C$54.7 Mil. Hence, Vertex Resource Group's Days Sales Outstanding for the three months ended in Dec. 2024 was 74.15.

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

TSXV:VTX' s Days Sales Outstanding Range Over the Past 10 Years
Min: 71.27 Med: 79.86 Max: 89.65
Current: 75.35

During the past 11 years, Vertex Resource Group's highest Days Sales Outstanding was 89.65. The lowest was 71.27. And the median was 79.86.

TSXV:VTX's Days Sales Outstanding is ranked better than
50.62% of 243 companies
in the Waste Management industry
Industry Median: 77.05 vs TSXV:VTX: 75.35

Vertex Resource Group's Days Sales Outstanding increased from Dec. 2023 (71.28) to Dec. 2024 (74.15).

Vertex Resource Group Days Sales Outstanding Historical Data

The historical data trend for Vertex Resource Group'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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Vertex Resource Group Days Sales Outstanding Chart

Vertex Resource Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Sales Outstanding

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79.86

71.27

74.29

85.47

76.93

Vertex Resource Group 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															71.28	82.31	75.71	68.44	74.15

Competitive Comparison of Vertex Resource Group's Days Sales Outstanding

For the Waste Management subindustry, Vertex Resource Group'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.

Vertex Resource Group's Days Sales Outstanding Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vertex Resource Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Vertex Resource Group's Days Sales Outstanding falls into.

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Vertex Resource Group 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.

Vertex Resource Group'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
=	( (57.739	+	40.129)	/	2 )	/	232.183	*	365
=	48.934					/	232.183	*	365
=	76.93

Vertex Resource Group'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
=	( (48.765	+	40.129)	/	2 )	/	54.696	*	365 / 4
=	44.447					/	54.696	*	365 / 4
=	74.15

Vertex Resource Group (TSXV:VTX) Days Sales Outstanding Explanation

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

Vertex Resource Group Days Sales Outstanding Related Terms

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Vertex Resource Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Vertex Resource Group Ltd (TSXV:VTX) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VTXGF:USA 4X8:Germany

Address

161, 2055 Premier Way, Sherwood Park, AB, CAN, T8H 0G2

Website

https://www.vertex.ca

Vertex Resource Group Ltd provides environmental consulting and support services to a diverse clientele across Canada and in select locations in the United States. The Company serves a diverse customer base operating in industries including energy, mining, utilities, private development, public infrastructure, telecommunications, forestry, agriculture, and government. It has two reportable segments: environmental services and engineering and environmental consulting services.

Executives

Sherry Ann Bielopotocky	Senior Officer
Paul Douglas Blenkhorn	Senior Officer
Howard Lynn Start	Senior Officer
Derek Jon Proctor	Deemed Insider - 6 Months before becoming Insider
Terry Allan Stephenson	10% Security Holder, Director, Senior Officer
32 Degrees Capital Advisor Ltd.	10 percent owner
Christopher Challis	Senior Officer
Jason John Clemett	10% Security Holder
Deon Walsh	Senior Officer
Imran Ashbeen Ally	Senior Officer
Michael Milan Zvonkovic	Senior Officer

Vertex Resource Group Headlines

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