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Coveo Solutions (Coveo Solutions) Days Sales Outstanding : 79.71 (As of Dec. 2023)


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What is Coveo Solutions Days Sales Outstanding?

Coveo Solutions's average Accounts Receivable for the three months ended in Dec. 2023 was $27.7 Mil. Coveo Solutions's Revenue for the three months ended in Dec. 2023 was $31.8 Mil. Hence, Coveo Solutions's Days Sales Outstanding for the three months ended in Dec. 2023 was 79.71.

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

CVOSF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 73.18   Med: 109.33   Max: 160.75
Current: 73.18

During the past 5 years, Coveo Solutions's highest Days Sales Outstanding was 160.75. The lowest was 73.18. And the median was 109.33.

CVOSF's Days Sales Outstanding is ranked worse than
60.63% of 2728 companies
in the Software industry
Industry Median: 61.815 vs CVOSF: 73.18

Coveo Solutions's Days Sales Outstanding increased from Dec. 2022 (70.31) to Dec. 2023 (79.71).

Coveo Solutions Days Sales Outstanding Historical Data

The historical data trend for Coveo 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.

* Premium members only.

Coveo Solutions Days Sales Outstanding Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Days Sales Outstanding
- 160.76 120.54 90.79 76.93

Coveo Solutions Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 70.31 65.66 71.81 70.87 79.71

Competitive Comparison of Coveo Solutions's Days Sales Outstanding

For the Software - Infrastructure subindustry, Coveo 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.

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

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

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


Coveo 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.

Coveo Solutions's Days Sales Outstanding for the fiscal year that ended in Mar. 2023 is calculated as

Days Sales Outstanding (A: Mar. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Mar. 2022 ) + Accounts Receivable (A: Mar. 2023 )) / count ) / Revenue (A: Mar. 2023 )*Days in Period
=( (24.621 + 22.592) / 2 ) / 112.002*365
=23.6065 / 112.002*365
=76.93

Coveo 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
=( (23.035 + 32.452) / 2 ) / 31.761*365 / 4
=27.7435 / 31.761*365 / 4
=79.71

* 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.

Coveo Solutions  (OTCPK:CVOSF) Days Sales Outstanding Explanation

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

Coveo Solutions Days Sales Outstanding Related Terms

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Coveo Solutions (Coveo Solutions) Business Description

Industry
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Traded in Other Exchanges
I94:Germany CVO:Canada
Address
3175 des Quatre-Bourgeois, Suite 200, Quebec, QC, CAN, G1W 2K7
Website
https://www.coveo.com
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.