Vultus AB (XSAT:VULTS) Days Sales Outstanding : 25.51 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Vultus AB Days Sales Outstanding?

Vultus AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr0.09 Mil. Vultus AB's Revenue for the three months ended in Mar. 2024 was kr0.31 Mil. Hence, Vultus AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 25.51.

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

XSAT:VULTS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 16.45 Med: 19.79 Max: 29.38
Current: 29.38

During the past 4 years, Vultus AB's highest Days Sales Outstanding was 29.38. The lowest was 16.45. And the median was 19.79.

XSAT:VULTS's Days Sales Outstanding is ranked better than
86.5% of 2725 companies
in the Software industry
Industry Median: 61.83 vs XSAT:VULTS: 29.38

Vultus AB's Days Sales Outstanding increased from Mar. 2023 (15.30) to Mar. 2024 (25.51).

Vultus AB Days Sales Outstanding Historical Data

The historical data trend for Vultus AB'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.

Vultus AB Days Sales Outstanding Chart

Vultus AB Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

16.45

23.12

Vultus AB Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial								15.30	17.53	40.93	42.63	25.51

Competitive Comparison of Vultus AB's Days Sales Outstanding

For the Information Technology Services subindustry, Vultus AB'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.

Vultus AB's Days Sales Outstanding Distribution in the Software Industry

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

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

Vultus AB 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.

Vultus AB'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
=	( (0.038	+	0.064)	/	2 )	/	0.805	*	365
=	0.051					/	0.805	*	365
=	23.12

Vultus AB'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
=	( (0.064	+	0.111)	/	2 )	/	0.313	*	365 / 4
=	0.0875					/	0.313	*	365 / 4
=	25.51

Vultus AB (XSAT:VULTS) Days Sales Outstanding Explanation

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

Vultus AB Days Sales Outstanding Related Terms

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

Vultus AB (XSAT:VULTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vultus AB (XSAT:VULTS) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scheelevagen 15, Lund, SWE, 223 63

Website

https://www.vultus.se

Vultus AB is an IT company. The company specializes in the development of digital platforms. The digital solutions consist, for example, of a fertilizer guide for farmers. Based on satellite and weather data, field-specific maps are created for spreading fertilizer, unique to the different needs of each field. Its products comprise of Nitrogen Prescriptions, Crop Specific Plant Health, Water Stress, and Soil Moisture.

Vultus AB (XSAT:VULTS) Headlines

No Headlines