D2L (TSX:DTOL) Days Sales Outstanding : 37.07 (As of Jan. 2024)

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What is D2L Days Sales Outstanding?

D2L's average Accounts Receivable for the three months ended in Jan. 2024 was C$25.9 Mil. D2L's Revenue for the three months ended in Jan. 2024 was C$63.9 Mil. Hence, D2L's Days Sales Outstanding for the three months ended in Jan. 2024 was 37.07.

The historical rank and industry rank for D2L's Days Sales Outstanding or its related term are showing as below:

TSX:DTOL' s Days Sales Outstanding Range Over the Past 10 Years
Min: 34.94 Med: 40.2 Max: 43.88
Current: 41.67

During the past 6 years, D2L's highest Days Sales Outstanding was 43.88. The lowest was 34.94. And the median was 40.20.

TSX:DTOL's Days Sales Outstanding is ranked better than
75.6% of 2730 companies
in the Software industry
Industry Median: 61.83 vs TSX:DTOL: 41.67

D2L's Days Sales Outstanding declined from Jan. 2023 (37.66) to Jan. 2024 (37.07).

D2L Days Sales Outstanding Historical Data

The historical data trend for D2L'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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D2L Days Sales Outstanding Chart

D2L Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Days Sales Outstanding

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40.20

34.94

42.97

43.88

38.20

D2L Quarterly Data
	Jan19	Jan20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Sales Outstanding	Get a 7-Day Free Trial												37.66	40.66	49.72	43.26	37.07

Competitive Comparison of D2L's Days Sales Outstanding

For the Software - Application subindustry, D2L'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.

D2L's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, D2L's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where D2L's Days Sales Outstanding falls into.

D2L 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.

D2L's Days Sales Outstanding for the fiscal year that ended in Jan. 2024 is calculated as

	Days Sales Outstanding (A: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (24.215	+	27.022)	/	2 )	/	244.809	*	365
=	25.6185					/	244.809	*	365
=	38.20

D2L's Days Sales Outstanding for the quarter that ended in Jan. 2024 is calculated as:

	Days Sales Outstanding (Q: Jan. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Oct. 2023 )	+	Accounts Receivable (A: Jan. 2024 ))	/	count )	/	Revenue (A: Jan. 2024 )	*	Days in Period
=	( (24.863	+	27.022)	/	2 )	/	63.853	*	365 / 4
=	25.9425					/	63.853	*	365 / 4
=	37.07

D2L (TSX:DTOL) Days Sales Outstanding Explanation

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

D2L Days Sales Outstanding Related Terms

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D2L (TSX:DTOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » D2L Inc (TSX:DTOL) » Definitions » Days Sales Outstanding

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DTLIF:USA

Address

137 Glasgow Street, Suite 560, Kitchener, ON, CAN, N2G 4X8

Website

https://www.d2l.com

D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave.

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