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Vantage Equities (PHS:V) Days Sales Outstanding : 53.97 (As of Mar. 2024)


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What is Vantage Equities Days Sales Outstanding?

Vantage Equities's average Accounts Receivable for the three months ended in Mar. 2024 was ₱263 Mil. Vantage Equities's Revenue for the three months ended in Mar. 2024 was ₱444 Mil. Hence, Vantage Equities's Days Sales Outstanding for the three months ended in Mar. 2024 was 53.97.

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

PHS:V' s Days Sales Outstanding Range Over the Past 10 Years
Min: 9.25   Med: 73.39   Max: 209.56
Current: 80.97

During the past 13 years, Vantage Equities's highest Days Sales Outstanding was 209.56. The lowest was 9.25. And the median was 73.39.

PHS:V's Days Sales Outstanding is ranked worse than
56.31% of 563 companies
in the Capital Markets industry
Industry Median: 65.71 vs PHS:V: 80.97

Vantage Equities's Days Sales Outstanding increased from Mar. 2023 (20.58) to Mar. 2024 (53.97).


Vantage Equities Days Sales Outstanding Historical Data

The historical data trend for Vantage Equities'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.

* Premium members only.

Vantage Equities Days Sales Outstanding Chart

Vantage Equities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.24 9.25 18.03 67.28 20.73

Vantage Equities 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.58 - 72.80 30.87 53.97

Competitive Comparison of Vantage Equities's Days Sales Outstanding

For the Capital Markets subindustry, Vantage Equities'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.


Vantage Equities's Days Sales Outstanding Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vantage Equities's Days Sales Outstanding distribution charts can be found below:

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



Vantage Equities 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.

Vantage Equities'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
=( (52.83 + 80.227) / 2 ) / 1171.503*365
=66.5285 / 1171.503*365
=20.73

Vantage Equities'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
=( (80.227 + 444.857) / 2 ) / 443.864*365 / 4
=262.542 / 443.864*365 / 4
=53.97

* 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.


Vantage Equities  (PHS:V) Days Sales Outstanding Explanation

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


Vantage Equities Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Vantage Equities's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.


Vantage Equities (PHS:V) Business Description

Traded in Other Exchanges
N/A
Address
5th Avenue corner 28th Street, 15th Floor, Philippine Stock Exchange, Bonifacio Global City, Metro Manila, Taguig, PHL, 1605
Vantage Equities Inc is a Philippines-based investment and financial holding company. The business of the company is to invest, hold and use for investment shares of capital stock, bonds, debentures, promissory notes, or other securities or obligations created, negotiated, or issued by any corporation, association, or other entities. It performs its operations under three business segments comprising Investment holdings, Remittance services, and Mutual fund management. The company derives the maximum revenue from the Remittance services segment.

Vantage Equities (PHS:V) Headlines

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