Wiit SpA (MIL:WIIT) Days Sales Outstanding : 75.04 (As of Mar. 2024)

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What is Wiit SpA Days Sales Outstanding?

Wiit SpA's average Accounts Receivable for the three months ended in Mar. 2024 was €27.6 Mil. Wiit SpA's Revenue for the three months ended in Mar. 2024 was €33.5 Mil. Hence, Wiit SpA's Days Sales Outstanding for the three months ended in Mar. 2024 was 75.04.

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

MIL:WIIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.91 Med: 70.4 Max: 142.6
Current: 75.99

During the past 10 years, Wiit SpA's highest Days Sales Outstanding was 142.60. The lowest was 49.91. And the median was 70.40.

MIL:WIIT's Days Sales Outstanding is ranked worse than
62.84% of 2737 companies
in the Software industry
Industry Median: 61.8 vs MIL:WIIT: 75.99

Wiit SpA's Days Sales Outstanding declined from Mar. 2023 (78.41) to Mar. 2024 (75.04).

Wiit SpA Days Sales Outstanding Historical Data

The historical data trend for Wiit 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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Wiit SpA Days Sales Outstanding Chart

Wiit SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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62.63

49.91

52.87

60.72

71.57

Wiit SpA 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															78.41	79.45	74.98	69.40	75.04

Competitive Comparison of Wiit SpA's Days Sales Outstanding

For the Software - Infrastructure subindustry, Wiit 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.

Wiit SpA's Days Sales Outstanding Distribution in the Software Industry

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

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

Wiit 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.

Wiit SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2023 is calculated as

	Days Sales Outstanding (A: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (25.183	+	25.842)	/	2 )	/	130.107	*	365
=	25.5125					/	130.107	*	365
=	71.57

Wiit SpA'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
=	( (25.842	+	29.303)	/	2 )	/	33.529	*	365 / 4
=	27.5725					/	33.529	*	365 / 4
=	75.04

Wiit SpA (MIL:WIIT) Days Sales Outstanding Explanation

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

Wiit SpA Days Sales Outstanding Related Terms

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Wiit SpA (MIL:WIIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wiit SpA (MIL:WIIT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

9PC:Germany

Address

Via dei Mercanti, 12, Milano, ITA, 20121

Website

http://www.wiitgroup.com

Wiit SpA is a provider of Hybrid Cloud and Hosted Private Cloud for businesses. The company delivers Cloud Solutions for Critical applications which may have impacts on business continuity, such as Enterprise Resource Planning Market. The company offers a hybrid, hosted private, and public cloud services; cloud services for critical applications; business continuity and disaster recovery services; cyber security services; technology migration programs; digital business transformation services; and services desk and desktop management solutions.

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