Xero (XROLF) Days Sales Outstanding : 18.41 (As of Sep. 2023)

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What is Xero Days Sales Outstanding?

Xero's average Accounts Receivable for the six months ended in Sep. 2023 was $48.2 Mil. Xero's Revenue for the six months ended in Sep. 2023 was $477.4 Mil. Hence, Xero's Days Sales Outstanding for the six months ended in Sep. 2023 was 18.41.

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

XROLF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 3.6 Med: 5.89 Max: 20.37
Current: 20.37

During the past 11 years, Xero's highest Days Sales Outstanding was 20.37. The lowest was 3.60. And the median was 5.89.

XROLF's Days Sales Outstanding is ranked better than
91.21% of 2730 companies
in the Software industry
Industry Median: 61.83 vs XROLF: 20.37

Xero's Days Sales Outstanding increased from Sep. 2022 (17.96) to Sep. 2023 (18.41).

Xero Days Sales Outstanding Historical Data

The historical data trend for Xero'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.

Xero Days Sales Outstanding Chart

Xero Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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4.29

3.94

3.26

4.18

4.13

Xero Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															15.58	15.00	17.96	13.78	18.41

Competitive Comparison of Xero's Days Sales Outstanding

For the Software - Application subindustry, Xero'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.

Xero's Days Sales Outstanding Distribution in the Software Industry

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

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

Xero 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.

Xero's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

	Days Sales Outstanding (A: Mar. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Mar. 2022 )	+	Accounts Receivable (A: Mar. 2023 ))	/	count )	/	Revenue (A: Mar. 2023 )	*	Days in Period
=	( (11.08	+	8.698)	/	2 )	/	874.756	*	365
=	9.889					/	874.756	*	365
=	4.13

Xero'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (8.698	+	87.616)	/	2 )	/	477.42	*	365 / 2
=	48.157					/	477.42	*	365 / 2
=	18.41

Xero (OTCPK:XROLF) Days Sales Outstanding Explanation

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

Xero Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Xero's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Xero (XROLF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xero Ltd (OTCPK:XROLF) » Definitions » Days Sales Outstanding

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0XE:Germany XRO:Australia

Address

19-23 Taranaki Street, Te Aro, Wellington, NTL, NZL, 6011

Website

https://www.xero.com

Xero is a technology company originating from New Zealand, providing cloud-based accounting software, primarily for small and midsize enterprises, or SMEs, and accounting practices. As a first mover in the space for cloud-based accounting software, Xero has grown quickly to achieve dominant market share in New Zealand and Australia, displacing legacy providers. Xero has also expanded beyond its home region toward other English-speaking countries, primarily the United Kingdom.

Xero (XROLF) Headlines

From GuruFocus

Xero announces CEO succession, Sukhinder Singh Cassidy appointed

By PRNewswire PRNewswire • 11-10-2022