Vantea Smart SpA (MIL:VNT) Days Sales Outstanding : 262.95 (As of Jun. 2023)

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What is Vantea Smart SpA Days Sales Outstanding?

Vantea Smart SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €11.50 Mil. Vantea Smart SpA's Revenue for the six months ended in Jun. 2023 was €7.98 Mil. Hence, Vantea Smart SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 262.95.

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

MIL:VNT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 96.61 Med: 106.9 Max: 347.85
Current: 347.85

During the past 4 years, Vantea Smart SpA's highest Days Sales Outstanding was 347.85. The lowest was 96.61. And the median was 106.90.

MIL:VNT's Days Sales Outstanding is ranked worse than
95.9% of 2732 companies
in the Software industry
Industry Median: 61.675 vs MIL:VNT: 347.85

Vantea Smart SpA's Days Sales Outstanding increased from Jun. 2022 (106.09) to Jun. 2023 (262.95).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.

Vantea Smart SpA Days Sales Outstanding Historical Data

The historical data trend for Vantea Smart SpA'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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Vantea Smart SpA Days Sales Outstanding Chart

Vantea Smart SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

123.79

106.90

96.61

331.31

Vantea Smart SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			95.12	106.09	153.37	262.95	692.17

Competitive Comparison of Vantea Smart SpA's Days Sales Outstanding

For the Information Technology Services subindustry, Vantea Smart SpA'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.

Vantea Smart SpA's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Vantea Smart SpA's Days Sales Outstanding falls into.

Vantea Smart SpA 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.

Vantea Smart SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (14.167	+	12.355)	/	2 )	/	50.102	*	365
=	13.261					/	50.102	*	365
=	96.61

Vantea Smart SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (12.355	+	10.635)	/	2 )	/	7.978	*	365 / 2
=	11.495					/	7.978	*	365 / 2
=	262.95

Vantea Smart SpA (MIL:VNT) Days Sales Outstanding Explanation

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

Vantea Smart SpA Days Sales Outstanding Related Terms

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Vantea Smart SpA (MIL:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vantea Smart SpA (MIL:VNT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tiburtina 1231, Rome, ITA, 00131

Website

https://www.vantea.com

Vantea Smart SpA is an Information Technology company that operates mainly in the Cybersecurity sector. It also offers consultancy in the field of System Integration and Software Development and Project development and Product development activities.