Gold Town Games AB (NGM:GTG) Days Sales Outstanding : 29.88 (As of Mar. 2024)

View and export this data going back to 2016. Start your Free Trial

What is Gold Town Games AB Days Sales Outstanding?

Gold Town Games AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr0.99 Mil. Gold Town Games AB's Revenue for the three months ended in Mar. 2024 was kr3.04 Mil. Hence, Gold Town Games AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 29.88.

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

NGM:GTG' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.1 Med: 4.81 Max: 44.12
Current: 44.12

During the past 8 years, Gold Town Games AB's highest Days Sales Outstanding was 44.12. The lowest was 0.10. And the median was 4.81.

NGM:GTG's Days Sales Outstanding is ranked better than
51.23% of 568 companies
in the Interactive Media industry
Industry Median: 44.865 vs NGM:GTG: 44.12

Gold Town Games AB's Days Sales Outstanding declined from Dec. 2022 (113.70) to Mar. 2024 (29.88).

Gold Town Games AB Days Sales Outstanding Historical Data

The historical data trend for Gold Town Games 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.

Gold Town Games AB Days Sales Outstanding Chart

Gold Town Games AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Sales Outstanding

Get a 7-Day Free Trial

0.91

0.11

0.10

13.61

35.14

Gold Town Games AB Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															113.70	56.33	35.82	31.75	29.88

Competitive Comparison of Gold Town Games AB's Days Sales Outstanding

For the Electronic Gaming & Multimedia subindustry, Gold Town Games 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.

Gold Town Games AB's Days Sales Outstanding Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gold Town Games AB's Days Sales Outstanding distribution charts can be found below:

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

Gold Town Games 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.

Gold Town Games AB'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
=	( (0.613	+	2.838)	/	2 )	/	17.922	*	365
=	1.7255					/	17.922	*	365
=	35.14

Gold Town Games AB'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: Sep. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (1.213	+	0.776)	/	2 )	/	3.037	*	365 / 4
=	0.9945					/	3.037	*	365 / 4
=	29.88

Gold Town Games AB (NGM:GTG) Days Sales Outstanding Explanation

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

Gold Town Games AB Days Sales Outstanding Related Terms

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

Gold Town Games AB (NGM:GTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Gold Town Games AB (NGM:GTG) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Storgatan 53, Skelleftea, SWE, 931 30

Website

http://www.goldtowngames.com

Gold Town Games AB is a mobile games company. The company is engaged in the development, marketing and sales of mobile games, as well as carry out related activities. It has developed a hockey manager game for mobile platforms.

Gold Town Games AB (NGM:GTG) Headlines

No Headlines