Asure Software's average Accounts Receivable for the
three
months ended in Dec. 2023 was $14.7 Mil. Asure Software's Revenue for the
three
months ended in Dec. 2023 was $26.3 Mil.
Hence, Asure Software's Days Sales Outstanding for the
three
months ended in Dec. 2023 was 50.96.
The historical rank and industry rank for Asure Software's Days Sales Outstanding or its related term are showing as below:
ASUR'
s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.97 Med: 46.65 Max: 71.97
Current: 44.66
During the past 13 years, Asure Software's highest Days Sales Outstanding was 71.97. The lowest was 21.97. And the median was 46.65.
ASUR's Days Sales Outstanding is ranked better than 71.64% of 2726
companies
in the Software industry
Industry Median: 62.175
vs ASUR: 44.66
Asure Software's Days Sales Outstanding
increased
from Dec. 2022 (29.51) to Dec. 2023 (50.96).
Asure Software Days Sales Outstanding Historical Data
The historical data trend for Asure Software'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.
Competitive Comparison of Asure Software's Days Sales Outstanding
For the Software - Application subindustry, Asure Software'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.
Asure Software's Days Sales Outstanding Distribution in the Software Industry
For the Software industry and Technology sector, Asure Software's Days Sales Outstanding distribution charts can be found below:
* The bar in red indicates where Asure Software's Days Sales Outstanding falls into.
Asure Software 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.
* 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.
Asure Software (NAS:ASUR) Days Sales Outstanding Explanation
For retailers, when we compare Days Sales Outstanding, it is important to compare the same period in the previous years.
Asure Software Days Sales Outstanding Related Terms
Thank you for viewing the detailed overview of Asure Software's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.
Asure Software (Asure Software) Business Description
Asure Software Inc is a provider of cloud-based Human Capital Management (HCM) solutions delivered as Software-as-a-Service (SaaS). It facilitates small and mid-sized businesses (SMBs) to develop their Human Capital to get to the next level, stay compliant, and allocate their time, money and technology toward growth. The company's HCM suite, named AsureHCM, includes cloud-based Payroll and Tax, HR, a Time and Attendance software. Its HR services range from HR projects to outsourcing payroll to HR consulting services. The firm sells its HCM products in the United States.
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