Pivotree (TSXV:PVT) Days Sales Outstanding : 47.76 (As of Dec. 2023)

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What is Pivotree Days Sales Outstanding?

Pivotree's average Accounts Receivable for the three months ended in Dec. 2023 was C$11.01 Mil. Pivotree's Revenue for the three months ended in Dec. 2023 was C$21.03 Mil. Hence, Pivotree's Days Sales Outstanding for the three months ended in Dec. 2023 was 47.76.

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

TSXV:PVT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 43.66 Med: 55.83 Max: 59.33
Current: 55.37

During the past 5 years, Pivotree's highest Days Sales Outstanding was 59.33. The lowest was 43.66. And the median was 55.83.

TSXV:PVT's Days Sales Outstanding is ranked better than
57.73% of 2728 companies
in the Software industry
Industry Median: 61.85 vs TSXV:PVT: 55.37

Pivotree's Days Sales Outstanding declined from Dec. 2022 (60.73) to Dec. 2023 (47.76).

Pivotree Days Sales Outstanding Historical Data

The historical data trend for Pivotree'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.

Pivotree Days Sales Outstanding Chart

Pivotree Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

48.52

43.66

59.33

56.82

55.83

Pivotree Quarterly Data
	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													60.73	57.85	58.59	56.07	47.76

Competitive Comparison of Pivotree's Days Sales Outstanding

For the Information Technology Services subindustry, Pivotree'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.

Pivotree's Days Sales Outstanding Distribution in the Software Industry

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

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

Pivotree 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.

Pivotree'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
=	( (16.982	+	10.493)	/	2 )	/	89.806	*	365
=	13.7375					/	89.806	*	365
=	55.83

Pivotree'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
=	( (11.523	+	10.493)	/	2 )	/	21.031	*	365 / 4
=	11.008					/	21.031	*	365 / 4
=	47.76

Pivotree (TSXV:PVT) Days Sales Outstanding Explanation

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

Pivotree Days Sales Outstanding Related Terms

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Pivotree (TSXV:PVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pivotree Inc (TSXV:PVT) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

PVTRF:USA 8AV:Germany

Address

6300 Northam Drive, Mississauga, ON, CAN, L4V 1H7

Website

https://www.pivotree.com

Pivotree Inc Company designs, integrates, deploys, and manages digital platforms in Commerce, Data Management and Supply Chain for major retail and branded manufacturers throughout the world. Pivotree provides the technical skills necessary to enable the effective use of technologies combined with the business context to leverage a solution to solve clients' business challenges. Pivotree's portfolio of products, managed and professional services help provide B2B2C digital businesses with end-to-end service to manage complex digital commerce platforms. It operates in two segments: professional and managed services. Pivotree serves market-leading brands and forward-thinking B2C and B2B companies, including many Fortune 1000. The majority of its revenue comes from North America.

Executives

Vernon Lobo

Director, Senior Officer

Pivotree (TSXV:PVT) Headlines

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