Dropsuite (ASX:DSE) Days Sales Outstanding : 61.49 (As of Dec. 2023)

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What is Dropsuite Days Sales Outstanding?

Dropsuite's average Accounts Receivable for the six months ended in Dec. 2023 was A$5.58 Mil. Dropsuite's Revenue for the six months ended in Dec. 2023 was A$16.55 Mil. Hence, Dropsuite's Days Sales Outstanding for the six months ended in Dec. 2023 was 61.49.

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

ASX:DSE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.29 Med: 55.55 Max: 61.05
Current: 60.33

During the past 13 years, Dropsuite's highest Days Sales Outstanding was 61.05. The lowest was 38.29. And the median was 55.55.

ASX:DSE's Days Sales Outstanding is ranked better than
51.89% of 2721 companies
in the Software industry
Industry Median: 62.03 vs ASX:DSE: 60.33

Dropsuite's Days Sales Outstanding increased from Dec. 2022 (54.49) to Dec. 2023 (61.49).

Dropsuite Days Sales Outstanding Historical Data

The historical data trend for Dropsuite'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.

Dropsuite Days Sales Outstanding Chart

Dropsuite Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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61.05

57.03

55.55

54.62

58.09

Dropsuite Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															52.88	53.05	54.49	61.39	61.49

Competitive Comparison of Dropsuite's Days Sales Outstanding

For the Software - Application subindustry, Dropsuite'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.

Dropsuite's Days Sales Outstanding Distribution in the Software Industry

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

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

Dropsuite 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.

Dropsuite'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
=	( (4.033	+	5.717)	/	2 )	/	30.633	*	365
=	4.875					/	30.633	*	365
=	58.09

Dropsuite'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
=	( (5.439	+	5.717)	/	2 )	/	16.554	*	365 / 2
=	5.578					/	16.554	*	365 / 2
=	61.49

Dropsuite (ASX:DSE) Days Sales Outstanding Explanation

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

Dropsuite Days Sales Outstanding Related Terms

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Dropsuite (ASX:DSE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Dropsuite Ltd (ASX:DSE) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

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Address

14 Emerald Terrace, West Perth, Perth, WA, AUS, 6005

Website

https://www.dropsuite.com

Dropsuite Ltd is a cloud-based software service provider. The company enables small and medium-sized enterprises to easily backup, recover and protect their business information. Its products include Website and database backup, Email backup and archiving and File-based server backup. The operating segment of the company is the Provision of Backup Services.