ShiftPixy (STU:19U0) Days Sales Outstanding : 12.35 (As of Feb. 2024)

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What is ShiftPixy Days Sales Outstanding?

ShiftPixy's average Accounts Receivable for the three months ended in Feb. 2024 was €0.48 Mil. ShiftPixy's Revenue for the three months ended in Feb. 2024 was €3.54 Mil. Hence, ShiftPixy's Days Sales Outstanding for the three months ended in Feb. 2024 was 12.35.

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

STU:19U0' s Days Sales Outstanding Range Over the Past 10 Years
Min: 2.42 Med: 4.16 Max: 14.27
Current: 14.27

During the past 9 years, ShiftPixy's highest Days Sales Outstanding was 14.27. The lowest was 2.42. And the median was 4.16.

STU:19U0's Days Sales Outstanding is ranked better than
95.19% of 1039 companies
in the Business Services industry
Industry Median: 58.53 vs STU:19U0: 14.27

ShiftPixy's Days Sales Outstanding increased from Feb. 2023 (9.91) to Feb. 2024 (12.35).

ShiftPixy Days Sales Outstanding Historical Data

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

ShiftPixy Annual Data

Trend

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Days Sales Outstanding

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3.34

8.40

6.26

3.58

9.48

ShiftPixy Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Days Sales Outstanding	Get a 7-Day Free Trial															9.91	14.80	15.63	11.79	12.35

Competitive Comparison of ShiftPixy's Days Sales Outstanding

For the Staffing & Employment Services subindustry, ShiftPixy'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.

ShiftPixy's Days Sales Outstanding Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ShiftPixy's Days Sales Outstanding distribution charts can be found below:

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

ShiftPixy 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.

ShiftPixy's Days Sales Outstanding for the fiscal year that ended in Aug. 2023 is calculated as

	Days Sales Outstanding (A: Aug. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Aug. 2022 )	+	Accounts Receivable (A: Aug. 2023 ))	/	count )	/	Revenue (A: Aug. 2023 )	*	Days in Period
=	( (0.275	+	0.541)	/	2 )	/	15.707	*	365
=	0.408					/	15.707	*	365
=	9.48

ShiftPixy's Days Sales Outstanding for the quarter that ended in Feb. 2024 is calculated as:

	Days Sales Outstanding (Q: Feb. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Feb. 2024 ))	/	count )	/	Revenue (A: Feb. 2024 )	*	Days in Period
=	( (0.36	+	0.597)	/	2 )	/	3.535	*	365 / 4
=	0.4785					/	3.535	*	365 / 4
=	12.35

ShiftPixy (STU:19U0) Days Sales Outstanding Explanation

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

ShiftPixy Days Sales Outstanding Related Terms

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ShiftPixy (STU:19U0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ShiftPixy Inc (STU:19U0) » Definitions » Days Sales Outstanding

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PIXY:USA

Address

4101 NW 25th Street, Miami, FL, USA, 33131

Website

https://www.shiftpixy.com

ShiftPixy Inc provides a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and connect with a ready-for-hire workforce. ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing economy. Geographically it operates in California and Washington and drives key revenue from Californian religion. Its primary operating business metric is gross billings, consisting of the clients' fully burdened payroll costs.

ShiftPixy (STU:19U0) Headlines

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