Asseco Business Solutions (WAR:ABS) Days Sales Outstanding : 47.85 (As of Mar. 2024)

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What is Asseco Business Solutions Days Sales Outstanding?

Asseco Business Solutions's average Accounts Receivable for the three months ended in Mar. 2024 was zł52.3 Mil. Asseco Business Solutions's Revenue for the three months ended in Mar. 2024 was zł99.8 Mil. Hence, Asseco Business Solutions's Days Sales Outstanding for the three months ended in Mar. 2024 was 47.85.

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

WAR:ABS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 49.47 Med: 63.93 Max: 85.31
Current: 49.47

During the past 13 years, Asseco Business Solutions's highest Days Sales Outstanding was 85.31. The lowest was 49.47. And the median was 63.93.

WAR:ABS's Days Sales Outstanding is ranked better than
65.47% of 2728 companies
in the Software industry
Industry Median: 61.85 vs WAR:ABS: 49.47

Asseco Business Solutions's Days Sales Outstanding declined from Mar. 2023 (51.38) to Mar. 2024 (47.85).

Asseco Business Solutions Days Sales Outstanding Historical Data

The historical data trend for Asseco Business Solutions'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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Asseco Business Solutions Days Sales Outstanding Chart

Asseco Business Solutions Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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63.51

56.43

50.22

51.77

50.12

Asseco Business Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Sales Outstanding	Get a 7-Day Free Trial															51.38	52.64	52.15	48.29	47.85

Competitive Comparison of Asseco Business Solutions's Days Sales Outstanding

For the Software - Application subindustry, Asseco Business Solutions'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.

Asseco Business Solutions's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Asseco Business Solutions's Days Sales Outstanding falls into.

Asseco Business Solutions 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.

Asseco Business Solutions'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
=	( (51.496	+	53.003)	/	2 )	/	380.54	*	365
=	52.2495					/	380.54	*	365
=	50.12

Asseco Business Solutions'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
=	( (53.003	+	51.682)	/	2 )	/	99.819	*	365 / 4
=	52.3425					/	99.819	*	365 / 4
=	47.85

Asseco Business Solutions (WAR:ABS) Days Sales Outstanding Explanation

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

Asseco Business Solutions Days Sales Outstanding Related Terms

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

Asseco Business Solutions (WAR:ABS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Asseco Business Solutions SA (WAR:ABS) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

9QQ:Germany

Address

ul. Konrada Wallenroda 4c, Lublin, POL, 20-607

Website

http://www.assecobs.pl

Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

Asseco Business Solutions (WAR:ABS) Headlines

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