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Virtual Interactive Technologies (Virtual Interactive Technologies) Days Sales Outstanding : 184.67 (As of Sep. 2023)


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What is Virtual Interactive Technologies Days Sales Outstanding?

Virtual Interactive Technologies's average Accounts Receivable for the three months ended in Sep. 2023 was $0.09 Mil. Virtual Interactive Technologies's Revenue for the three months ended in Sep. 2023 was $0.04 Mil. Hence, Virtual Interactive Technologies's Days Sales Outstanding for the three months ended in Sep. 2023 was 184.67.

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

VRVR' s Days Sales Outstanding Range Over the Past 10 Years
Min: 266.52   Med: 289.48   Max: 314.38
Current: 284.7

During the past 12 years, Virtual Interactive Technologies's highest Days Sales Outstanding was 314.38. The lowest was 266.52. And the median was 289.48.

VRVR's Days Sales Outstanding is ranked worse than
98.07% of 571 companies
in the Interactive Media industry
Industry Median: 44.79 vs VRVR: 284.70

Virtual Interactive Technologies's Days Sales Outstanding increased from Sep. 2022 (124.20) to Sep. 2023 (184.67).

Virtual Interactive Technologies Days Sales Outstanding Historical Data

The historical data trend for Virtual Interactive Technologies'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.

Virtual Interactive Technologies Days Sales Outstanding Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 295.06 314.38 266.52 289.48 272.35

Virtual Interactive Technologies Quarterly Data
Nov18 Feb19 May19 Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 124.20 481.34 319.38 271.14 184.67

Competitive Comparison of Virtual Interactive Technologies's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Virtual Interactive Technologies'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.

Virtual Interactive Technologies's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Virtual Interactive Technologies's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Virtual Interactive Technologies's Days Sales Outstanding falls into.


Virtual Interactive Technologies 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.

Virtual Interactive Technologies's Days Sales Outstanding for the fiscal year that ended in Sep. 2023 is calculated as

Days Sales Outstanding (A: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Sep. 2022 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.106 + 0.088) / 2 ) / 0.13*365
=0.097 / 0.13*365
=272.35

Virtual Interactive Technologies's Days Sales Outstanding for the quarter that ended in Sep. 2023 is calculated as:

Days Sales Outstanding (Q: Sep. 2023 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Jun. 2023 ) + Accounts Receivable (A: Sep. 2023 )) / count ) / Revenue (A: Sep. 2023 )*Days in Period
=( (0.082 + 0.088) / 2 ) / 0.042*365 / 4
=0.085 / 0.042*365 / 4
=184.67

* 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.

Virtual Interactive Technologies  (OTCPK:VRVR) Days Sales Outstanding Explanation

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

Virtual Interactive Technologies Days Sales Outstanding Related Terms

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Virtual Interactive Technologies (Virtual Interactive Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Virtual Interactive Technologies Corp (OTCPK:VRVR) » Definitions » Days Sales Outstanding
Comparable Companies
DROR FRZT NFTG MGAM WINR MSGM GDC GIGM ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697 SZSE:002555 BILI
Traded in Other Exchanges
N/A
Address
600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Website
https://www.vrvrcorp.com
Virtual Interactive Technologies Corp offers expertise in developing solutions, publishing, and marketing video game products and is actively involved in the early stages of Virtual Reality/Augmented Reality game development. The revenue is generated from the royalty interest in five games, Carmageddon Max Damage, Carmageddon Crashers, Catch and Release, Interplanetary: Enhanced Edition, and Worbital. These games are distributed world-wide on various gaming platforms including Sony PlayStation, Xbox, Steam, and Oculus among others.