i3 Verticals (i3 Verticals) Days Sales Outstanding : 65.04 (As of Mar. 2024)

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What is i3 Verticals Days Sales Outstanding?

i3 Verticals's average Accounts Receivable for the three months ended in Mar. 2024 was $67.4 Mil. i3 Verticals's Revenue for the three months ended in Mar. 2024 was $94.5 Mil. Hence, i3 Verticals's Days Sales Outstanding for the three months ended in Mar. 2024 was 65.04.

The historical rank and industry rank for i3 Verticals's Days Sales Outstanding or its related term are showing as below:

IIIV' s Days Sales Outstanding Range Over the Past 10 Years
Min: 10.13 Med: 26.73 Max: 61.52
Current: 61.52

During the past 8 years, i3 Verticals's highest Days Sales Outstanding was 61.52. The lowest was 10.13. And the median was 26.73.

IIIV's Days Sales Outstanding is ranked better than
50.16% of 2729 companies
in the Software industry
Industry Median: 61.68 vs IIIV: 61.52

i3 Verticals's Days Sales Outstanding increased from Mar. 2023 (53.27) to Mar. 2024 (65.04).

i3 Verticals Days Sales Outstanding Historical Data

The historical data trend for i3 Verticals'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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i3 Verticals Days Sales Outstanding Chart

i3 Verticals Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Sales Outstanding

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13.50

39.96

45.63

52.73

58.38

i3 Verticals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															53.27	57.18	59.58	66.13	65.04

Competitive Comparison of i3 Verticals's Days Sales Outstanding

For the Software - Infrastructure subindustry, i3 Verticals'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.

i3 Verticals's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, i3 Verticals's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where i3 Verticals's Days Sales Outstanding falls into.

i3 Verticals 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.

i3 Verticals'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
=	( (53.334	+	65.11)	/	2 )	/	370.239	*	365
=	59.222					/	370.239	*	365
=	58.38

i3 Verticals'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
=	( (68.226	+	66.539)	/	2 )	/	94.542	*	365 / 4
=	67.3825					/	94.542	*	365 / 4
=	65.04

i3 Verticals (NAS:IIIV) Days Sales Outstanding Explanation

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

i3 Verticals Days Sales Outstanding Related Terms

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i3 Verticals (i3 Verticals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » i3 Verticals Inc (NAS:IIIV) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

V1K:Germany

Address

40 Burton Hills Boulevard, Suite 415, Nashville, TN, USA, 37215

Website

https://www.i3verticals.com

i3 Verticals Inc offers integrated payment and software solutions to small and medium-sized businesses and organizations in strategic vertical markets. Its operating segment includes Merchant Services and Software and Services. The company generates maximum revenue from the Software and Services segment. The company's strategic vertical market includes schools, the public sector, not-for-profit organizations, healthcare and others. It provides various solutions such as, gateway, payment processing, online payment, Document management, and ERP among others.

Executives

Timothy Mckenna	director	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Gregory S Daily	director, 10 percent owner, officer: Chief Executive Officer	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David K. Morgan	director	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Christopher Laisure	officer: President - Public Sector	40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Paul Christians	officer: Chief Operating Officer	40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Pete Panagakis	officer: Chief Technology Officer	40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Robert Bertke	officer: Chief Technology Officer	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Decosta Jenkins	director	150 THIRD AVENUE SOUTH STE 900, NASHVILLE TN 37201
Frederick Stanford	officer: President	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
Geoffrey C. Smith	officer: VP of Finance	40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215
Robert Burton Harvey	director	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
John C. Harrison	director	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David M Wilds	director, 10 percent owner	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
David Scott Meriwether	officer: SVP - Finance	40 BURTON HILLS BOULEVARD, SUITE 415, NASHVILLE TN 37215
First Avenue Partners Ii Lp	10 percent owner	C/O I3 VERTICALS, INC., 40 BURTON HILLS BLVD., SUITE 415, NASHVILLE TN 37215