Ctac NV (XAMS:CTAC) Days Sales Outstanding : 41.27 (As of Dec. 2023)

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What is Ctac NV Days Sales Outstanding?

Ctac NV's average Accounts Receivable for the six months ended in Dec. 2023 was €14.1 Mil. Ctac NV's Revenue for the six months ended in Dec. 2023 was €62.3 Mil. Hence, Ctac NV's Days Sales Outstanding for the six months ended in Dec. 2023 was 41.27.

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

XAMS:CTAC' s Days Sales Outstanding Range Over the Past 10 Years
Min: 39.43 Med: 54.95 Max: 75.54
Current: 41.05

During the past 13 years, Ctac NV's highest Days Sales Outstanding was 75.54. The lowest was 39.43. And the median was 54.95.

XAMS:CTAC's Days Sales Outstanding is ranked better than
76.15% of 2730 companies
in the Software industry
Industry Median: 61.83 vs XAMS:CTAC: 41.05

Ctac NV's Days Sales Outstanding declined from Dec. 2022 (41.72) to Dec. 2023 (41.27).

Ctac NV Days Sales Outstanding Historical Data

The historical data trend for Ctac NV'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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Ctac NV Days Sales Outstanding Chart

Ctac NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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54.88

43.33

39.43

43.27

40.47

Ctac NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial															44.22	42.35	41.72	41.41	41.27

Competitive Comparison of Ctac NV's Days Sales Outstanding

For the Information Technology Services subindustry, Ctac NV'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.

Ctac NV's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Ctac NV's Days Sales Outstanding falls into.

Ctac NV 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.

Ctac NV'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
=	( (14.748	+	13.469)	/	2 )	/	127.23	*	365
=	14.1085					/	127.23	*	365
=	40.47

Ctac NV'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: Jun. 2023 )	+	Accounts Receivable (A: Dec. 2023 ))	/	count )	/	Revenue (A: Dec. 2023 )	*	Days in Period
=	( (14.713	+	13.469)	/	2 )	/	62.31	*	365 / 2
=	14.091					/	62.31	*	365 / 2
=	41.27

Ctac NV (XAMS:CTAC) Days Sales Outstanding Explanation

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

Ctac NV Days Sales Outstanding Related Terms

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Ctac NV (XAMS:CTAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ctac NV (XAMS:CTAC) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

TAC:Germany

Address

Meerendonkweg 11, ’s-Hertogenbosch, NB, NLD, 5216 TZ

Website

https://www.ctac.nl

Ctac NV is a business and cloud integrator that provides a broad portfolio of systems, administration, and products (SAP) and Microsoft solutions on the cloud. It also provides business consultancy, managed services, project, learning, and secondment services. The company provides services to the retail, manufacturing, wholesale, third-party logistics, and consumer products industries. The essential product of the company is XV retail suite. The company classifies its business under geographical segments, including the Netherlands, Belgium, and Others. The Netherlands region generates maximum revenue for the company.