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Infortar AS (OTSE:INF1T) Days Sales Outstanding : 47.88 (As of Dec. 2023)


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What is Infortar AS Days Sales Outstanding?

Infortar AS's average Accounts Receivable for the six months ended in Dec. 2023 was €142 Mil. Infortar AS's Revenue for the six months ended in Dec. 2023 was €1,085 Mil. Hence, Infortar AS's Days Sales Outstanding for the six months ended in Dec. 2023 was 23.94.

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

OTSE:INF1T' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.9   Med: 56.28   Max: 66.19
Current: 47.88

During the past 4 years, Infortar AS's highest Days Sales Outstanding was 66.19. The lowest was 39.90. And the median was 56.28.

OTSE:INF1T's Days Sales Outstanding is ranked better than
51.08% of 509 companies
in the Asset Management industry
Industry Median: 49.9 vs OTSE:INF1T: 47.88

Infortar AS's Days Sales Outstanding declined from Dec. 2021 (64.68) to Dec. 2023 (47.88).

Infortar AS Days Sales Outstanding Historical Data

The historical data trend for Infortar AS'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.

Infortar AS Days Sales Outstanding Chart

Infortar AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
66.19 64.68 39.90 47.88

Infortar AS Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding 66.19 64.68 39.90 47.88

Competitive Comparison of Infortar AS's Days Sales Outstanding

For the Asset Management subindustry, Infortar AS'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.

Infortar AS's Days Sales Outstanding Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Infortar AS's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where Infortar AS's Days Sales Outstanding falls into.


Infortar AS 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.

Infortar AS'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
=( (122.006 + 162.575) / 2 ) / 1084.626*365
=142.2905 / 1084.626*365
=47.88

Infortar AS'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: Dec. 2022 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (122.006 + 162.575) / 2 ) / 1084.626*365 / 2
=142.2905 / 1084.626*365 / 2
=23.94

* 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.

Infortar AS  (OTSE:INF1T) Days Sales Outstanding Explanation

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

Infortar AS Days Sales Outstanding Related Terms

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Infortar AS (OTSE:INF1T) Business Description

Industry
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Traded in Other Exchanges
X8K:Germany
Address
Sadama 5, Tallinn, EST, 10111
Website
https://www.infortar.ee
Infortar AS is an investment holding company in the Baltics. The group focus is on four segment areas which are energy, shipping, real estate, and others. Energy segment consisting of natural gas and electricity trade and sale, natural gas distribution service, sale and bunkering of liquefied natural gas, sale of compressed gas, biomethane production, and solar electricity production, Real estate segment consisting of hotels, office buildings, logistics center, and other real estate object, and Other segment which predominantly includes construction, drug and pharmacy wholesale, building materials, printing, taxicab, and other activities.

Infortar AS (OTSE:INF1T) Headlines

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