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11 bit studios (LTS:0RE0) Days Sales Outstanding : 61.65 (As of Mar. 2024)


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What is 11 bit studios Days Sales Outstanding?

11 bit studios's average Accounts Receivable for the three months ended in Mar. 2024 was zł10.35 Mil. 11 bit studios's Revenue for the three months ended in Mar. 2024 was zł15.33 Mil. Hence, 11 bit studios's Days Sales Outstanding for the three months ended in Mar. 2024 was 61.65.

The historical rank and industry rank for 11 bit studios's Days Sales Outstanding or its related term are showing as below:

LTS:0RE0' s Days Sales Outstanding Range Over the Past 10 Years
Min: 38.3   Med: 64.92   Max: 163.23
Current: 68.08

During the past 13 years, 11 bit studios's highest Days Sales Outstanding was 163.23. The lowest was 38.30. And the median was 64.92.

LTS:0RE0's Days Sales Outstanding is ranked worse than
72.41% of 569 companies
in the Interactive Media industry
Industry Median: 44.79 vs LTS:0RE0: 68.08

11 bit studios's Days Sales Outstanding increased from Mar. 2023 (52.16) to Mar. 2024 (61.65).


11 bit studios Days Sales Outstanding Historical Data

The historical data trend for 11 bit studios'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.

11 bit studios Days Sales Outstanding Chart

11 bit studios Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.78 61.50 68.34 54.50 57.10

11 bit studios Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 52.16 131.25 110.48 31.55 61.65

Competitive Comparison of 11 bit studios's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, 11 bit studios'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.


11 bit studios's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, 11 bit studios's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where 11 bit studios's Days Sales Outstanding falls into.



11 bit studios 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.

11 bit studios'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
=( (7.503 + 8.851) / 2 ) / 52.273*365
=8.177 / 52.273*365
=57.10

11 bit studios's Days Sales Outstanding for the quarter that ended in Mar. 2024 is calculated as:

Days Sales Outstanding (Q: Mar. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Mar. 2024 )) / count ) / Revenue (A: Mar. 2024 )*Days in Period
=( (8.851 + 11.857) / 2 ) / 15.326*365 / 4
=10.354 / 15.326*365 / 4
=61.65

* 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.


11 bit studios  (LTS:0RE0) Days Sales Outstanding Explanation

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


11 bit studios Days Sales Outstanding Related Terms

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11 bit studios (LTS:0RE0) Business Description

Traded in Other Exchanges
Address
Brechta 7, Warszawa, POL, 03-472
11 bit studios SA is a manufacturer of multi-platform video games in Poland. It develops games for a wide range of devices including personal computers, and tablet computers.

11 bit studios (LTS:0RE0) Headlines

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