WFTSF (Wavefront Technology Solutions) Days Sales Outstanding: 96.48 (As of May. 2022)

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WFTSF Wavefront Technology Solutions Inc WFTSF
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What is Wavefront Technology Solutions Days Sales Outstanding?

Wavefront Technology Solutions WFTSF -99.00% 12 Days Sales Outstanding is 96.48 as of May. 2022. GuruFocus rates WFTSF with a GF Score™ of 12/100.

Wavefront Technology Solutions's average Accounts Receivable for the three months ended in May. 2022 was $0.38 Mil. Wavefront Technology Solutions's Revenue for the three months ended in May. 2022 was $0.36 Mil. Hence, Wavefront Technology Solutions's Days Sales Outstanding for the three months ended in May. 2022 was 96.48.

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

WFTSF's Days Sales Outstanding is not ranked *
in the Oil & Gas industry.
Industry Median: 45.56
* Ranked among companies with meaningful Days Sales Outstanding only.

Wavefront Technology Solutions's Days Sales Outstanding increased from May. 2021 (92.51) to May. 2022 (96.48).


Wavefront Technology Solutions  (OTCPK:WFTSF) Days Sales Outstanding Explanation

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


Wavefront Technology Solutions Days Sales Outstanding Related Terms


Wavefront Technology Solutions Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Days Sales Outstanding Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.48 104.20 65.72 90.59 106.75

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 92.51 48.85 49.80 61.47 96.48

WFTSF vs VYEY, ENSV, GWTI: Days Sales Outstanding Comparison

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions Days Sales Outstanding vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Wavefront Technology Solutions's Days Sales Outstanding falls into.


WFTSF
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Wavefront Technology Solutions Inc WFTSF
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Wavefront Technology Solutions 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.

Wavefront Technology Solutions's Days Sales Outstanding for the fiscal year that ended in Aug. 2021 is calculated as

Days Sales Outstanding (A: Aug. 2021 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Aug. 2020 ) + Accounts Receivable (A: Aug. 2021 )) / count ) / Revenue (A: Aug. 2021 )*Days in Period
=( (0.58684446832188 + 0.15321014521426) / 2 ) / 1.2652094148259*365
=0.37002730676807 / 1.2652094148259*365
=106.75

Wavefront Technology Solutions's Days Sales Outstanding for the quarter that ended in May. 2022 is calculated as:

Days Sales Outstanding (Q: May. 2022 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Feb. 2022 ) + Accounts Receivable (A: May. 2022 )) / count ) / Revenue (A: May. 2022 )*Days in Period
=( (0.34940276737494 + 0.41921334545598) / 2 ) / 0.36346947763758*365 / 4
=0.38430805641546 / 0.36346947763758*365 / 4
=96.48

* 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 96.48 mean?
Wavefront Technology Solutions (WFTSF) has a Days Sales Outstanding of 96.48 as of May. 2022. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Wavefront Technology Solutions and its competitors.
Is Wavefront Technology Solutions' Days Sales Outstanding too high?
Wavefront Technology Solutions' current Days Sales Outstanding is 96.48. The Oil & Gas industry median Days Sales Outstanding is 45.56. Wavefront Technology Solutions' value of 96.48 is 111.8% above this industry median. Overall, Wavefront Technology Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wavefront Technology Solutions' Days Sales Outstanding compare to VYEY and ENSV?
Wavefront Technology Solutions' Days Sales Outstanding of 96.48 can be compared against companies in the Oil & Gas industry. The industry median Days Sales Outstanding is 45.56. Wavefront Technology Solutions' value of 96.48 is 111.8% above 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 an Oil & Gas company?
The median Days Sales Outstanding among Oil & Gas companies is 45.56, based on 897 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. Wavefront Technology Solutions's current Days Sales Outstanding of 96.48 is 111.8% above 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 Wavefront Technology Solutions and its competitors. For the Oil & Gas industry, the median Days Sales Outstanding is 45.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavefront Technology Solutions's current Days Sales Outstanding is 96.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (WFTSF) has a current Days Sales Outstanding of 96.48. The current Days Sales Outstanding is 96.48 and 111.8% above the Oil & Gas industry median of 45.56. Wavefront Technology Solutions' overall GF Score™ is 12/100. 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 Wavefront Technology Solutions (WFTSF), the current Days Sales Outstanding is 96.48 as of May. 2022. 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.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.
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