Circle SpA (MIL:CIRC) Days Sales Outstanding : 180.86 (As of Jun. 2023)

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What is Circle SpA Days Sales Outstanding?

Circle SpA's average Accounts Receivable for the six months ended in Jun. 2023 was €5.95 Mil. Circle SpA's Revenue for the six months ended in Jun. 2023 was €6.00 Mil. Hence, Circle SpA's Days Sales Outstanding for the six months ended in Jun. 2023 was 180.86.

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

MIL:CIRC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 144.11 Med: 171.06 Max: 181.79
Current: 176.08

During the past 9 years, Circle SpA's highest Days Sales Outstanding was 181.79. The lowest was 144.11. And the median was 171.06.

MIL:CIRC's Days Sales Outstanding is ranked worse than
88.53% of 2728 companies
in the Software industry
Industry Median: 61.815 vs MIL:CIRC: 176.08

Circle SpA's Days Sales Outstanding increased from Jun. 2022 (155.98) to Jun. 2023 (180.86).

Circle SpA Days Sales Outstanding Historical Data

The historical data trend for Circle SpA'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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Circle SpA Days Sales Outstanding Chart

Circle SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

181.79

171.06

144.11

180.48

171.20

Circle SpA Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial										144.89	155.98	193.61	180.86	176.29

Competitive Comparison of Circle SpA's Days Sales Outstanding

For the Information Technology Services subindustry, Circle SpA'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.

Circle SpA's Days Sales Outstanding Distribution in the Software Industry

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

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

Circle SpA 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.

Circle SpA's Days Sales Outstanding for the fiscal year that ended in Dec. 2022 is calculated as

	Days Sales Outstanding (A: Dec. 2022 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2021 )	+	Accounts Receivable (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )	*	Days in Period
=	( (3.388	+	5.631)	/	2 )	/	9.12	*	365
=	4.5095					/	9.12	*	365
=	180.48

Circle SpA's Days Sales Outstanding for the quarter that ended in Jun. 2023 is calculated as:

	Days Sales Outstanding (Q: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (5.631	+	6.267)	/	2 )	/	6.003	*	365 / 2
=	5.949					/	6.003	*	365 / 2
=	180.86

Circle SpA (MIL:CIRC) Days Sales Outstanding Explanation

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

Circle SpA Days Sales Outstanding Related Terms

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Circle SpA (MIL:CIRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Circle SpA (MIL:CIRC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

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Address

Via Bombrini 13/3, Genova, ITA, 16149

Website

https://www.circletouch.eu

Circle SpA is a consultancy company providing process and management consulting services, technological solutions and digital marketing solutions for transport and logistics sector. The company is specialized in the development of automation processes for ports, dry ports, logistics platforms and intermodal operators through Milos-an innovative modular software for the optimization of transport of containers, trailers, vehicles and each type of goods along the supply chain.

Circle SpA (MIL:CIRC) Headlines

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