DriveItAway Holdings (DriveItAway Holdings) Days Sales Outstanding : 9.41 (As of Dec. 2023)

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What is DriveItAway Holdings Days Sales Outstanding?

DriveItAway Holdings's average Accounts Receivable for the three months ended in Dec. 2023 was $0.01 Mil. DriveItAway Holdings's Revenue for the three months ended in Dec. 2023 was $0.10 Mil. Hence, DriveItAway Holdings's Days Sales Outstanding for the three months ended in Dec. 2023 was 9.41.

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

DWAY' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.7 Med: 64.41 Max: 87.99
Current: 11.69

During the past 3 years, DriveItAway Holdings's highest Days Sales Outstanding was 87.99. The lowest was 10.70. And the median was 64.41.

DWAY's Days Sales Outstanding is ranked better than
96.23% of 1035 companies
in the Business Services industry
Industry Median: 58.15 vs DWAY: 11.69

DriveItAway Holdings's Days Sales Outstanding declined from Dec. 2022 (15.21) to Dec. 2023 (9.41).

DriveItAway Holdings Days Sales Outstanding Historical Data

The historical data trend for DriveItAway 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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DriveItAway Holdings Days Sales Outstanding Chart

DriveItAway Holdings Annual Data

Trend

Sep21

Sep22

Sep23

Days Sales Outstanding

64.41

87.99

10.70

DriveItAway Holdings Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial							15.21	15.66	15.79	10.41	9.41

Competitive Comparison of DriveItAway Holdings's Days Sales Outstanding

For the Rental & Leasing Services subindustry, DriveItAway 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.

DriveItAway Holdings's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DriveItAway Holdings's Days Sales Outstanding distribution charts can be found below:

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

DriveItAway 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.

DriveItAway Holdings's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

	Days Sales Outstanding (A: Sep. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2022 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (0.006	+	0.012)	/	2 )	/	0.307	*	365
=	0.009					/	0.307	*	365
=	10.70

DriveItAway Holdings's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0.012	+	0.008)	/	2 )	/	0.097	*	365 / 4
=	0.01					/	0.097	*	365 / 4
=	9.41

DriveItAway Holdings (OTCPK:DWAY) Days Sales Outstanding Explanation

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

DriveItAway Holdings Days Sales Outstanding Related Terms

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DriveItAway Holdings (DriveItAway Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DriveItAway Holdings Inc (OTCPK:DWAY) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

3201 Market Street, Suite 200/201, Philadelphia, PA, USA, 10104

Website

https://www.driveitaway.com

DriveItAway Holdings Inc provides dealer focused mobility platform that enables car dealers to sell more vehicles in a seamless way through eCommerce, with its Pay as You Go app-based subscription program. DIA provides a comprehensive turn-key, solutions-driven program with proprietary mobile technology and driver app, insurance coverages, and training to get dealerships up and running quickly and profitably in emerging online sales opportunities.

Executives

Paul Patrizio	director, 10 percent owner	90 WASHINGTON VALLEY ROAD, BEDMINSTER NJ 07921
John Francis Possumato	director, 10 percent owner, officer: Chief Executive Officer	116 THIRD AVENUE, HADDON HEIGHTS NJ 08035
Adam Joseph Potash	director, 10 percent owner, officer: Chief Operating Officer	259-10, HILLSIDE AVENUE, APT. 6H, FLORAL PARK NY 11004
Aep Holdings Llc	10 percent owner	1 WHITE BUCK RUN, WARREN NJ 07059
Minds' Eye Innovations, Inc.	10 percent owner	259-10 HILLSIDE AVENUE, APT. 6H, FLORAL PARK NY 11004
Driveltaway Llc	10 percent owner	116 THIRD AVENUE, HADDON HEIGHTS NJ 08035
Zell Richard Gery Ii	director	8 GEARYS RIDGE RD, RINGOES NJ 08551
Christopher Rego	director	212 BELLEROSE DR., SAN JOSE CA 95128
Franventures, Llc	10 percent owner	796 CYPRESS CROSSING TRAIL, ST. AUGUSTINE FL 32095
Blake Furlow	director, 10 percent owner	2110 N WESTGATE, BOISE ID 83704
Bart Jay Mitchell	director	7853 N HILLIARD CT, COEUR D' ALENE ID 83815
Gary L Herman	director	720 FIFTH AVE, 10TH FLOOR, NEW YORK NY 10019
Karla Kretsch	officer: Chief Operating Officer	701 MARKET STREET, SUITE 113, ST. AUGUSTINE FL 32095
Christian Miller	officer: Chief Financial Officer	701 MARKET STREET, SUITE 113, ST. AUGUSTINE FL 32095
Joyann Kenny-charlton	director	194 TWINING BRIDGE ROAD, NEWTOWN PA 18940

DriveItAway Holdings (DriveItAway Holdings) Headlines

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