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VS Media Holdings (VS Media Holdings) Days Sales Outstanding : 77.00 (As of Dec. 2023)


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What is VS Media Holdings Days Sales Outstanding?

VS Media Holdings's average Accounts Receivable for the six months ended in Dec. 2023 was $1.88 Mil. VS Media Holdings's Revenue for the six months ended in Dec. 2023 was $4.46 Mil. Hence, VS Media Holdings's Days Sales Outstanding for the six months ended in Dec. 2023 was 77.00.

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

VSME' s Days Sales Outstanding Range Over the Past 10 Years
Min: 81.82   Med: 91.6   Max: 93.63
Current: 86.56

During the past 4 years, VS Media Holdings's highest Days Sales Outstanding was 93.63. The lowest was 81.82. And the median was 91.60.

VSME's Days Sales Outstanding is ranked worse than
63.88% of 1027 companies
in the Media - Diversified industry
Industry Median: 68.28 vs VSME: 86.56

VS Media Holdings's Days Sales Outstanding increased from Dec. 2022 (76.05) to Dec. 2023 (77.00).

VS Media Holdings Days Sales Outstanding Historical Data

The historical data trend for VS Media Holdings'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.

VS Media Holdings Days Sales Outstanding Chart

VS Media Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
93.63 81.82 90.72 92.47

VS Media Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial 79.60 96.42 76.05 91.95 77.00

Competitive Comparison of VS Media Holdings's Days Sales Outstanding

For the Advertising Agencies subindustry, VS Media Holdings'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.

VS Media Holdings's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VS Media Holdings's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where VS Media Holdings's Days Sales Outstanding falls into.


VS Media Holdings 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.

VS Media Holdings'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
=( (1.918 + 2.131) / 2 ) / 7.991*365
=2.0245 / 7.991*365
=92.47

VS Media Holdings'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: Jun. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (1.636 + 2.131) / 2 ) / 4.464*365 / 2
=1.8835 / 4.464*365 / 2
=77.00

* 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.

VS Media Holdings  (NAS:VSME) Days Sales Outstanding Explanation

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

VS Media Holdings Days Sales Outstanding Related Terms

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VS Media Holdings (VS Media Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VS Media Holdings Ltd (NAS:VSME) » Definitions » Days Sales Outstanding
Comparable Companies
ICLK TRKA SWAG CNFN INUV DLPN LDWY CNET ANTE MGOL XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
75 Hung To Road, 6th Floor, KOHO, Kwun Tong, Hong Kong, HKG
Website
https://www.vs-media.com
VS Media Holdings Ltd manages a global network of digital Creators who create and publish content to social media platforms such as YouTube, Facebook, Instagram, and TikTok. Its Creators include influencers, KOLs-Key Opinion Leaders, bloggers, and other content creators who cultivate fanbases on social media platforms. The company's business provides value to two major business stakeholders: Creators and Brands. Its Value to Creators: It empowers and supports Creators by providing them with production facilities, training, and funding to produce quality content. Its Value to Brands: the company bridges the divide between Brands and Creators by helping Brands reach their target audience effectively by advising on content strategy and budget and recommending specific Creators.