Kainos Group (LSE:KNOS) Days Sales Outstanding : 32.09 (As of Sep. 2023)

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What is Kainos Group Days Sales Outstanding?

Kainos Group's average Accounts Receivable for the six months ended in Sep. 2023 was £34.0 Mil. Kainos Group's Revenue for the six months ended in Sep. 2023 was £193.2 Mil. Hence, Kainos Group's Days Sales Outstanding for the six months ended in Sep. 2023 was 32.09.

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

LSE:KNOS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.22 Med: 58.73 Max: 80.95
Current: 32.22

During the past 11 years, Kainos Group's highest Days Sales Outstanding was 80.95. The lowest was 32.22. And the median was 58.73.

LSE:KNOS's Days Sales Outstanding is ranked better than
84.17% of 2729 companies
in the Software industry
Industry Median: 61.68 vs LSE:KNOS: 32.22

Kainos Group's Days Sales Outstanding declined from Sep. 2022 (35.58) to Sep. 2023 (32.09).

Kainos Group Days Sales Outstanding Historical Data

The historical data trend for Kainos Group'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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Kainos Group Days Sales Outstanding Chart

Kainos Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Sales Outstanding

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55.37

53.71

46.81

41.59

34.53

Kainos Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Sales Outstanding	Get a 7-Day Free Trial															46.61	42.19	35.58	33.01	32.09

Competitive Comparison of Kainos Group's Days Sales Outstanding

For the Software - Application subindustry, Kainos Group'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.

Kainos Group's Days Sales Outstanding Distribution in the Software Industry

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

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

Kainos Group 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.

Kainos Group'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
=	( (35.228	+	35.693)	/	2 )	/	374.807	*	365
=	35.4605					/	374.807	*	365
=	34.53

Kainos Group'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: Mar. 2023 )	+	Accounts Receivable (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )	*	Days in Period
=	( (35.693	+	32.277)	/	2 )	/	193.249	*	365 / 2
=	33.985					/	193.249	*	365 / 2
=	32.09

Kainos Group (LSE:KNOS) Days Sales Outstanding Explanation

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

Kainos Group Days Sales Outstanding Related Terms

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Kainos Group (LSE:KNOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kainos Group PLC (LSE:KNOS) » Definitions » Days Sales Outstanding

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KNOSl:UK 1KG:Germany 1KG:Germany

Address

4-6 Upper Crescent, Kainos House, Belfast, Northern Ireland, GBR, BT7 1NT

Website

https://www.kainos.com

Kainos Group PLC provides information technology services, consulting and software solutions. It is structured into two divisions namely Digital Services and Workday Practice. Digital Services include full life cycle development and support of digital solutions for government and commercial customers. Workday Practice includes includes cloud-based software for Human Capital Management and Financial Management and Planning, Workday Products. The company derives majority of its revenues from the Digital Services segment.