Adverty AB (NGM:ADVT) Days Sales Outstanding : 114.95 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Adverty AB Days Sales Outstanding?

Adverty AB's average Accounts Receivable for the three months ended in Dec. 2023 was kr30.70 Mil. Adverty AB's Revenue for the three months ended in Dec. 2023 was kr24.37 Mil. Hence, Adverty AB's Days Sales Outstanding for the three months ended in Dec. 2023 was 114.95.

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

NGM:ADVT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 47.15 Med: 106.51 Max: 141.41
Current: 141.41

During the past 7 years, Adverty AB's highest Days Sales Outstanding was 141.41. The lowest was 47.15. And the median was 106.51.

NGM:ADVT's Days Sales Outstanding is ranked worse than
81.87% of 1026 companies
in the Media - Diversified industry
Industry Median: 68.205 vs NGM:ADVT: 141.41

Adverty AB's Days Sales Outstanding increased from Dec. 2022 (90.70) to Dec. 2023 (114.95).

Adverty AB Days Sales Outstanding Historical Data

The historical data trend for Adverty AB'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.

Adverty AB Days Sales Outstanding Chart

Adverty AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

47.15

93.45

119.56

141.41

Adverty AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															90.70	177.53	-	-	114.95

Competitive Comparison of Adverty AB's Days Sales Outstanding

For the Advertising Agencies subindustry, Adverty AB'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.

Adverty AB's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Adverty AB's Days Sales Outstanding distribution charts can be found below:

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

Adverty AB 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.

Adverty AB'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
=	( (8.578	+	30.702)	/	2 )	/	50.693	*	365
=	19.64					/	50.693	*	365
=	141.41

Adverty AB'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: Sep. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (0	+	30.702)	/	1 )	/	24.373	*	365 / 4
=	30.702					/	24.373	*	365 / 4
=	114.95

Adverty AB (NGM:ADVT) Days Sales Outstanding Explanation

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

Adverty AB Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of Adverty AB's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

Adverty AB (NGM:ADVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Adverty AB (NGM:ADVT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rosterigrand 16, Stockholm, SWE, SE-117 61

Website

https://www.adverty.com

Adverty AB is engaged in the development and operation of advertising solutions for Virtual Reality and Augmented Reality and related business.

Adverty AB (NGM:ADVT) Headlines

From GuruFocus

Adverty and InMobi launch in-game advertising for global brands and agencies

By PRNewswire PRNewswire • 04-27-2021

Advantis Corp Forcasts 20% Quarterly Revenue Growth, Increased Margins

By Marketwired Marketwired • 11-05-2018