OneSoft Solutions (TSXV:OSS) Days Sales Outstanding : 42.14 (As of Dec. 2023)

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What is OneSoft Solutions Days Sales Outstanding?

OneSoft Solutions's average Accounts Receivable for the three months ended in Dec. 2023 was C$1.35 Mil. OneSoft Solutions's Revenue for the three months ended in Dec. 2023 was C$2.92 Mil. Hence, OneSoft Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 42.14.

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

TSXV:OSS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.02 Med: 14.7 Max: 6735
Current: 41.61

During the past 13 years, OneSoft Solutions's highest Days Sales Outstanding was 6735.00. The lowest was 2.02. And the median was 14.70.

TSXV:OSS's Days Sales Outstanding is ranked better than
75.61% of 2735 companies
in the Software industry
Industry Median: 61.83 vs TSXV:OSS: 41.61

OneSoft Solutions's Days Sales Outstanding increased from Dec. 2022 (29.22) to Dec. 2023 (42.14).

OneSoft Solutions Days Sales Outstanding Historical Data

The historical data trend for OneSoft Solutions'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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OneSoft Solutions Days Sales Outstanding Chart

OneSoft Solutions Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

10.30

2.02

7.07

11.82

11.19

OneSoft Solutions Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															29.22	52.49	53.69	50.02	42.14

Competitive Comparison of OneSoft Solutions's Days Sales Outstanding

For the Software - Application subindustry, OneSoft Solutions'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.

OneSoft Solutions's Days Sales Outstanding Distribution in the Software Industry

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

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

OneSoft Solutions 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.

OneSoft Solutions'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
=	( (0.282	+	0.355)	/	2 )	/	10.392	*	365
=	0.3185					/	10.392	*	365
=	11.19

OneSoft Solutions's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding (Q: Dec. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (2.344	+	0.355)	/	2 )	/	2.922	*	365 / 4
=	1.3495					/	2.922	*	365 / 4
=	42.14

OneSoft Solutions (TSXV:OSS) Days Sales Outstanding Explanation

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

OneSoft Solutions Days Sales Outstanding Related Terms

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OneSoft Solutions (TSXV:OSS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneSoft Solutions Inc (TSXV:OSS) » Definitions » Days Sales Outstanding

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OSSIF:USA

Address

10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6

Website

https://www.onesoft.ca

OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..

Executives

David Shong-tak Tam

Senior Officer