Smartspace Software (LSE:SMRT) Days Sales Outstanding : 28.33 (As of Jul. 2023)

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What is Smartspace Software Days Sales Outstanding?

Smartspace Software's average Accounts Receivable for the six months ended in Jul. 2023 was £0.43 Mil. Smartspace Software's Revenue for the six months ended in Jul. 2023 was £2.74 Mil. Hence, Smartspace Software's Days Sales Outstanding for the six months ended in Jul. 2023 was 28.33.

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

LSE:SMRT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 30.25 Med: 78.63 Max: 472.75
Current: 32.34

During the past 13 years, Smartspace Software's highest Days Sales Outstanding was 472.75. The lowest was 30.25. And the median was 78.63.

LSE:SMRT's Days Sales Outstanding is ranked better than
84.06% of 2729 companies
in the Software industry
Industry Median: 61.68 vs LSE:SMRT: 32.34

Smartspace Software's Days Sales Outstanding declined from Jul. 2022 (37.73) to Jul. 2023 (28.33).

Smartspace Software Days Sales Outstanding Historical Data

The historical data trend for Smartspace Software'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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Smartspace Software Days Sales Outstanding Chart

Smartspace Software Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Days Sales Outstanding

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472.75

89.71

37.18

45.75

30.25

Smartspace Software Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Days Sales Outstanding	Get a 7-Day Free Trial															48.99	131.06	37.73	35.41	28.33

Competitive Comparison of Smartspace Software's Days Sales Outstanding

For the Software - Application subindustry, Smartspace Software'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.

Smartspace Software's Days Sales Outstanding Distribution in the Software Industry

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

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

Smartspace Software 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.

Smartspace Software's Days Sales Outstanding for the fiscal year that ended in Jan. 2023 is calculated as

	Days Sales Outstanding (A: Jan. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2022 )	+	Accounts Receivable (A: Jan. 2023 ))	/	count )	/	Revenue (A: Jan. 2023 )	*	Days in Period
=	( (0.387	+	0.451)	/	2 )	/	5.056	*	365
=	0.419					/	5.056	*	365
=	30.25

Smartspace Software's Days Sales Outstanding for the quarter that ended in Jul. 2023 is calculated as:

	Days Sales Outstanding (Q: Jul. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jan. 2023 )	+	Accounts Receivable (A: Jul. 2023 ))	/	count )	/	Revenue (A: Jul. 2023 )	*	Days in Period
=	( (0.451	+	0.4)	/	2 )	/	2.741	*	365 / 2
=	0.4255					/	2.741	*	365 / 2
=	28.33

Smartspace Software (LSE:SMRT) Days Sales Outstanding Explanation

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

Smartspace Software Days Sales Outstanding Related Terms

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Smartspace Software (LSE:SMRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartspace Software PLC (LSE:SMRT) » Definitions » Days Sales Outstanding

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DZV2:Germany DZV2:Germany

Address

4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL

Website

https://www.smartspaceplc.com

Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.