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VRVR (Virtual Interactive Technologies) Days Sales Outstanding : 771.06 (As of Jun. 2024)


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What is Virtual Interactive Technologies Days Sales Outstanding?

Virtual Interactive Technologies's average Accounts Receivable for the three months ended in Jun. 2024 was $0.08 Mil. Virtual Interactive Technologies's Revenue for the three months ended in Jun. 2024 was $0.01 Mil. Hence, Virtual Interactive Technologies's Days Sales Outstanding for the three months ended in Jun. 2024 was 771.06.

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

VRVR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 266.52   Med: 289.48   Max: 314.38
Current: 306.27

During the past 12 years, Virtual Interactive Technologies's highest Days Sales Outstanding was 314.38. The lowest was 266.52. And the median was 289.48.

VRVR's Days Sales Outstanding is not ranked
in the Interactive Media industry.
Industry Median: 45.18 vs VRVR: 306.27

Virtual Interactive Technologies's Days Sales Outstanding increased from Jun. 2023 (271.14) to Jun. 2024 (771.06).

Virtual Interactive Technologies Days Sales Outstanding Historical Data

The historical data trend for Virtual Interactive Technologies'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.

Virtual Interactive Technologies Days Sales Outstanding Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 295.06 314.38 266.52 289.48 272.35

Virtual Interactive Technologies Quarterly Data
Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 271.14 184.67 267.67 384.21 771.06

Competitive Comparison of Virtual Interactive Technologies's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Virtual Interactive Technologies'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.

Virtual Interactive Technologies's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Virtual Interactive Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Virtual Interactive Technologies's Days Sales Outstanding falls into.


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Virtual Interactive Technologies 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.

Virtual Interactive Technologies's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.106 + 0.088) / 2 ) / 0.13*365
=0.097 / 0.13*365
=272.35

Virtual Interactive Technologies's Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

Days Sales Outstanding (Q: Jun. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2024 ) + Accounts Receivable (A: Jun. 2024 )) / count ) / Revenue (A: Jun. 2024 )*Days in Period
=( (0.08 + 0.089) / 2 ) / 0.01*365 / 4
=0.0845 / 0.01*365 / 4
=771.06

* 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.

Virtual Interactive Technologies  (OTCPK:VRVR) Days Sales Outstanding Explanation

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

Virtual Interactive Technologies Days Sales Outstanding Related Terms

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Virtual Interactive Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Virtual Interactive Technologies Corp (OTCPK:VRVR) » Definitions » Days Sales Outstanding
Comparable Companies
FMHS GROM TSE:7974 NTES RBLX EA TTWO TSE:9766 TSE:3659 XKRX:259960 TSE:9697 SZSE:002602 ROCO:3293 HKSE:03888 SZSE:300418 WAR:CDR TSE:9684 SZSE:002517 SZSE:002555 TSE:3635
Traded in Other Exchanges
N/A
Address
600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Website
https://www.vrvrcorp.com
Virtual Interactive Technologies Corp is a next-generation game and metaverse developer that creates immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company's newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, global Prosperity space (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The Company also entered into a joint development partnership with Duane Lee Dog Chapman, of the Dog The Bounty Hunter fame, to develop and promote multiple games across several platforms.