Godsinlosen Nordic AB (OSTO:GIAB) Days Sales Outstanding : 24.13 (As of Mar. 2024)

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What is Godsinlosen Nordic AB Days Sales Outstanding?

Godsinlosen Nordic AB's average Accounts Receivable for the three months ended in Mar. 2024 was kr8.5 Mil. Godsinlosen Nordic AB's Revenue for the three months ended in Mar. 2024 was kr32.3 Mil. Hence, Godsinlosen Nordic AB's Days Sales Outstanding for the three months ended in Mar. 2024 was 24.13.

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

OSTO:GIAB' s Days Sales Outstanding Range Over the Past 10 Years
Min: 14.42 Med: 15.82 Max: 22.9
Current: 22.9

During the past 5 years, Godsinlosen Nordic AB's highest Days Sales Outstanding was 22.90. The lowest was 14.42. And the median was 15.82.

OSTO:GIAB's Days Sales Outstanding is ranked better than
90.05% of 2734 companies
in the Software industry
Industry Median: 61.68 vs OSTO:GIAB: 22.90

Godsinlosen Nordic AB's Days Sales Outstanding increased from Mar. 2023 (20.03) to Mar. 2024 (24.13).

Godsinlosen Nordic AB Days Sales Outstanding Historical Data

The historical data trend for Godsinlosen Nordic 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.

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Godsinlosen Nordic AB Days Sales Outstanding Chart

Godsinlosen Nordic AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

21.65

15.82

14.42

15.76

18.85

Godsinlosen Nordic AB Quarterly Data
	Dec19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial												20.03	22.00	22.24	24.99	24.13

Competitive Comparison of Godsinlosen Nordic AB's Days Sales Outstanding

For the Information Technology Services subindustry, Godsinlosen Nordic 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.

Godsinlosen Nordic AB's Days Sales Outstanding Distribution in the Software Industry

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

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

Godsinlosen Nordic 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.

Godsinlosen Nordic 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
=	( (6.178	+	8.08)	/	2 )	/	138.021	*	365
=	7.129					/	138.021	*	365
=	18.85

Godsinlosen Nordic 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: Dec. 2023 )	+	Accounts Receivable (A: Mar. 2024 ))	/	count )	/	Revenue (A: Mar. 2024 )	*	Days in Period
=	( (8.08	+	8.996)	/	2 )	/	32.282	*	365 / 4
=	8.538					/	32.282	*	365 / 4
=	24.13

Godsinlosen Nordic AB (OSTO:GIAB) Days Sales Outstanding Explanation

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

Godsinlosen Nordic AB Days Sales Outstanding Related Terms

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Godsinlosen Nordic AB (OSTO:GIAB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Godsinlosen Nordic AB (OSTO:GIAB) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Handelsvagen 18, Staffanstorp, SWE, 245 22

Website

https://www.giabnordic.se

Godsinlosen Nordic AB is an innovative growth company whose business concept is to optimize product flows according to circular economic principles. The company delivers a complete solution for handling returns and complaints to e-retailers, producers and distributors in a cost-effective and sustainable way, and offers a complete circular claims settlement process to the insurance industry.

Godsinlosen Nordic AB (OSTO:GIAB) Headlines

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