Veritone (Veritone) Days Sales Outstanding : 158.71 (As of Dec. 2023)

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What is Veritone Days Sales Outstanding?

Veritone's average Accounts Receivable for the three months ended in Dec. 2023 was $59.5 Mil. Veritone's Revenue for the three months ended in Dec. 2023 was $34.2 Mil. Hence, Veritone's Days Sales Outstanding for the three months ended in Dec. 2023 was 158.71.

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

VERI' s Days Sales Outstanding Range Over the Past 10 Years
Min: 120.23 Med: 171.94 Max: 248.53
Current: 158.32

During the past 9 years, Veritone's highest Days Sales Outstanding was 248.53. The lowest was 120.23. And the median was 171.94.

VERI's Days Sales Outstanding is ranked worse than
86.94% of 2725 companies
in the Software industry
Industry Median: 61.89 vs VERI: 158.32

Veritone's Days Sales Outstanding increased from Dec. 2022 (147.56) to Dec. 2023 (158.71).

Veritone Days Sales Outstanding Historical Data

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

Veritone Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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185.61

120.23

161.01

171.94

179.22

Veritone 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															147.56	165.95	165.89	126.37	158.71

Competitive Comparison of Veritone's Days Sales Outstanding

For the Software - Infrastructure subindustry, Veritone'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.

Veritone's Days Sales Outstanding Distribution in the Software Industry

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

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

Veritone 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.

Veritone'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
=	( (56.001	+	69.266)	/	2 )	/	127.56	*	365
=	62.6335					/	127.56	*	365
=	179.22

Veritone'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
=	( (49.691	+	69.266)	/	2 )	/	34.197	*	365 / 4
=	59.4785					/	34.197	*	365 / 4
=	158.71

Veritone (NAS:VERI) Days Sales Outstanding Explanation

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

Veritone Days Sales Outstanding Related Terms

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Veritone (Veritone) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Veritone Inc (NAS:VERI) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

VEK:Germany

Address

2420 17th Street, Office 3002, Denver, CO, USA, 80202

Website

https://www.veritone.com

Veritone Inc is a provider of artificial intelligence (AI) computing solutions and services. The company generates revenue through the delivery of its 1) Software Products and Services which consists of revenues generated from Commercial Enterprise and Government and Regulated Industries customers using the company's aiWARE platform and hiring solutions, any related support and maintenance services, and any related professional services associated with the deployment and/or implementation of such solutions, 2) Managed Services which consist of revenues generated from Commercial Enterprise customers using company's content licensing services, advertising agency, influencer management and related services. The company has a presence in the United States and Israel.

Executives

Ryan Steelberg	director, 10 percent owner, officer: President	3366 VIA LIDO, NEWPORT BEACH CA 92663
Michael Zilis	director	C/O INGRAM MICRO INC., 1600 E. ST. ANDREW PLACE, SANTA ANA CA 92705
Graziadio G Louis Iii	director	149 PALOS VERDES BLVD., SUITE G, REDONDO BEACH CA 90277
Jeff Patrick Gehl	director	3366 VIA LIDO, NEWPORT BEACH CA 92663
Richard H Taketa	director	7979 IVANHOE AVENUE, SUITE 500, LA JOLLA CA 92037
Knute P. Kurtz	director	1253 SANTA BARABARA DRIVE, NEWPORT BEACH CA 92660
Nayaki R Nayyar	director	C/O VERITONE, INC., 575 ANTON BOULEVARD, SUITE 100, COSTA MESA CA 92626
Michael Leonard Zemetra	officer: EVP, CFO & Treasurer	5264 CALATRANA DRIVE, WOODLAND HILLS CA 91364
Chad Steelberg	director, 10 percent owner, officer: CEO and Chairman of the Board	3366 VIA LIDO, NEWPORT BEACH CA 92663
Acacia Research Corp	10 percent owner	767 3RD AVENUE, 6TH FLOOR, NEW YORK NY 10017
Paul A Krieger	director	C/O VERITONE, INC., 575 ANTON BOULEVARD, SUITE 100, COSTA MESA CA 92626
Peter F Collins	officer: Senior VP and CFO	C/O VERITONE, INC., 575 ANTON BOULEVARD, COSTA MESA CA 92626
Ganley John A Jr	officer: EVP, Human Resources	575 ANTON BOULEVARD, COSTA MESA CA 92626
Walsh Frank E. Iii	director	330 SOUTH STREET, SUITE 4, MORRISTOWN NJ 07960
Edward Joseph Treska	director	520 NEWPORT CENTER DRIVE, 12TH FLOOR, NEWPORT BEACH CA 92660