Vext Science (XCNQ:VEXT) Days Sales Outstanding : 13.05 (As of Mar. 2024)

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What is Vext Science Days Sales Outstanding?

Vext Science's average Accounts Receivable for the three months ended in Mar. 2024 was C$1.62 Mil. Vext Science's Revenue for the three months ended in Mar. 2024 was C$11.36 Mil. Hence, Vext Science's Days Sales Outstanding for the three months ended in Mar. 2024 was 13.05.

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

XCNQ:VEXT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 22.95 Med: 216.08 Max: 240.34
Current: 29.52

During the past 7 years, Vext Science's highest Days Sales Outstanding was 240.34. The lowest was 22.95. And the median was 216.08.

XCNQ:VEXT's Days Sales Outstanding is ranked better than
88.59% of 999 companies
in the Drug Manufacturers industry
Industry Median: 71.45 vs XCNQ:VEXT: 29.52

Vext Science's Days Sales Outstanding declined from Mar. 2023 (31.37) to Mar. 2024 (13.05).

Vext Science Days Sales Outstanding Historical Data

The historical data trend for Vext Science'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.

Vext Science Days Sales Outstanding Chart

Vext Science Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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237.27

240.34

191.09

121.90

22.95

Vext Science Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															31.37	34.21	45.55	31.35	13.05

Competitive Comparison of Vext Science's Days Sales Outstanding

For the Drug Manufacturers - Specialty & Generic subindustry, Vext Science'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.

Vext Science's Days Sales Outstanding Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Vext Science's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Vext Science's Days Sales Outstanding falls into.

Vext Science 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.

Vext Science's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (4.24	+	1.634)	/	2 )	/	46.704	*	365
=	2.937					/	46.704	*	365
=	22.95

Vext Science's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

	Days Sales Outstanding (Q: Mar. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1.634	+	1.615)	/	2 )	/	11.357	*	365 / 4
=	1.6245					/	11.357	*	365 / 4
=	13.05

Vext Science (XCNQ:VEXT) Days Sales Outstanding Explanation

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

Vext Science Days Sales Outstanding Related Terms

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Vext Science (XCNQ:VEXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Vext Science Inc (XCNQ:VEXT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VEXTF:USA VV5:Germany

Address

4152 N. 39th Avenue, Phoenix, AZ, USA, 85019

Website

https://www.vextscience.com

Vext Science Inc provides management, advisory, cultivation, and dispensary services to entities in the medical cannabis field. The company's expertise spans from cultivation through to retail operations. Its revenue sources include management fees, professional services, product sales, equipment leasing and property leasing.

Executives

Caroline Marie-clothilde Williams

Director

Vext Science (XCNQ:VEXT) Headlines

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