Wise (LSE:WISE) Days Sales Outstanding : 60.45 (As of Sep. 2023)

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What is Wise Days Sales Outstanding?

Wise's average Accounts Receivable for the six months ended in Sep. 2023 was £235 Mil. Wise's Revenue for the six months ended in Sep. 2023 was £709 Mil. Hence, Wise's Days Sales Outstanding for the six months ended in Sep. 2023 was 60.45.

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

LSE:WISE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 28.92 Med: 41.79 Max: 180.35
Current: 55.27

During the past 5 years, Wise's highest Days Sales Outstanding was 180.35. The lowest was 28.92. And the median was 41.79.

LSE:WISE's Days Sales Outstanding is ranked better than
58.05% of 2727 companies
in the Software industry
Industry Median: 61.66 vs LSE:WISE: 55.27

Wise's Days Sales Outstanding increased from Sep. 2022 (38.96) to Sep. 2023 (60.45).

Wise Days Sales Outstanding Historical Data

The historical data trend for Wise'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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Wise Days Sales Outstanding Chart

Wise Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

180.35

84.43

41.79

36.84

28.92

Wise Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial				37.94	39.48	38.96	31.65	60.45

Competitive Comparison of Wise's Days Sales Outstanding

For the Information Technology Services subindustry, Wise'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.

Wise's Days Sales Outstanding Distribution in the Software Industry

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

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

Wise 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.

Wise'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
=	( (69.5	+	86.8)	/	2 )	/	986.3	*	365
=	78.15					/	986.3	*	365
=	28.92

Wise'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
=	( (86.8	+	383.1)	/	2 )	/	709.3	*	365 / 2
=	234.95					/	709.3	*	365 / 2
=	60.45

Wise (LSE:WISE) Days Sales Outstanding Explanation

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

Wise Days Sales Outstanding Related Terms

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Wise (LSE:WISE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (LSE:WISE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

WIZEY:USA WPLCF:USA WISEl:UK 6WS0:Germany

Address

56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ

Website

https://www.wise.com

Wise is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.