Veganz Group AG (XTER:VEZ) Days Sales Outstanding : 36.12 (As of Jun. 2024)

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What is Veganz Group AG Days Sales Outstanding?

Veganz Group AG's average Accounts Receivable for the six months ended in Jun. 2024 was €1.39 Mil. Veganz Group AG's Revenue for the six months ended in Jun. 2024 was €7.00 Mil. Hence, Veganz Group AG's Days Sales Outstanding for the six months ended in Jun. 2024 was 36.12.

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

XTER:VEZ' s Days Sales Outstanding Range Over the Past 10 Years
Min: 31.37 Med: 38.63 Max: 46.49
Current: 35.92

During the past 5 years, Veganz Group AG's highest Days Sales Outstanding was 46.49. The lowest was 31.37. And the median was 38.63.

XTER:VEZ's Days Sales Outstanding is ranked better than
54.94% of 1873 companies
in the Consumer Packaged Goods industry
Industry Median: 39.63 vs XTER:VEZ: 35.92

Veganz Group AG's Days Sales Outstanding declined from Jun. 2023 (40.03) to Jun. 2024 (36.12).

Veganz Group AG Days Sales Outstanding Historical Data

The historical data trend for Veganz Group AG'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.

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Veganz Group AG Days Sales Outstanding Chart

Veganz Group AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

31.37

33.51

46.49

43.75

Veganz Group AG Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial					53.62	43.43	40.03	35.96	36.12

Competitive Comparison of Veganz Group AG's Days Sales Outstanding

For the Packaged Foods subindustry, Veganz Group AG'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.

Veganz Group AG's Days Sales Outstanding Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Veganz Group AG's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Veganz Group AG's Days Sales Outstanding falls into.

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Veganz Group AG 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.

Veganz Group AG'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
=	( (2.504	+	1.432)	/	2 )	/	16.418	*	365
=	1.968					/	16.418	*	365
=	43.75

Veganz Group AG'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: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (1.432	+	1.34)	/	2 )	/	7.003	*	365 / 2
=	1.386					/	7.003	*	365 / 2
=	36.12

Veganz Group AG (XTER:VEZ) Days Sales Outstanding Explanation

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

Veganz Group AG Days Sales Outstanding Related Terms

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Veganz Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Veganz Group AG (XTER:VEZ) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VEZ:Germany VEZ:Germany

Address

Warschauer Strasse 33, Berlin, DEU, 10243

Website

https://www.veganz.de

Veganz Group AG is a plant-based/vegan food company developing, producing, marketing, and distributing its products under its brand "Veganz". Its offering is characterized by a complete absence of all animal ingredients as well as products for the production of which animal ingredients are used. Some of its products include Biscuits and bakery products, Cheese Alternatives, Fish Alternatives, Ready Meals, and Sweet treats.

Executives

Moritz Möller	Board of Directors
Massimo Garau	Board of Directors
Jan Bredack	Board of Directors

Veganz Group AG Headlines

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