Visionary Holdings (Visionary Holdings) Days Sales Outstanding : 2.93 (As of Sep. 2023)

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What is Visionary Holdings Days Sales Outstanding?

Visionary Holdings's average Accounts Receivable for the six months ended in Sep. 2023 was $0.08 Mil. Visionary Holdings's Revenue for the six months ended in Sep. 2023 was $4.95 Mil. Hence, Visionary Holdings's Days Sales Outstanding for the six months ended in Sep. 2023 was 2.93.

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

GV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.92 Med: 16.41 Max: 22.21
Current: 1.92

During the past 4 years, Visionary Holdings's highest Days Sales Outstanding was 22.21. The lowest was 1.92. And the median was 16.41.

GV's Days Sales Outstanding is ranked better than
94.38% of 249 companies
in the Education industry
Industry Median: 28.63 vs GV: 1.92

Visionary Holdings's Days Sales Outstanding increased from Sep. 2022 (1.22) to Sep. 2023 (2.93).

Visionary Holdings Days Sales Outstanding Historical Data

The historical data trend for Visionary Holdings'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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Visionary Holdings Days Sales Outstanding Chart

Visionary Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

22.21

16.41

1.97

Visionary Holdings Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial			35.98	36.73	1.22	1.56	2.93

Competitive Comparison of Visionary Holdings's Days Sales Outstanding

For the Education & Training Services subindustry, Visionary Holdings'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.

Visionary Holdings's Days Sales Outstanding Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Visionary Holdings's Days Sales Outstanding distribution charts can be found below:

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

Visionary Holdings 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.

Visionary Holdings'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
=	( (0.002	+	0.089)	/	2 )	/	8.433	*	365
=	0.0455					/	8.433	*	365
=	1.97

Visionary Holdings'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
=	( (0.089	+	0.07)	/	2 )	/	4.954	*	365 / 2
=	0.0795					/	4.954	*	365 / 2
=	2.93

Visionary Holdings (NAS:GV) Days Sales Outstanding Explanation

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

Visionary Holdings Days Sales Outstanding Related Terms

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Visionary Holdings (Visionary Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Visionary Holdings Inc (NAS:GV) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 Moatfield Drive, Unit 1003, Toronto, ON, CAN, M3B 0A2

Website

https://www.visiongroupca.com

Visionary Education Technology Holdings Group Inc engaged in education related businesses, which includes high school education programs, real estate development, vocational education, online education and other education-related consulting services.