Ansarada Group (ASX:AND) Days Sales Outstanding : 48.37 (As of Dec. 2023)

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What is Ansarada Group Days Sales Outstanding?

Ansarada Group's average Accounts Receivable for the six months ended in Dec. 2023 was A$7.26 Mil. Ansarada Group's Revenue for the six months ended in Dec. 2023 was A$27.38 Mil. Hence, Ansarada Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 48.37.

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

ASX:AND' s Days Sales Outstanding Range Over the Past 10 Years
Min: 26.95 Med: 40.16 Max: 79.15
Current: 44.64

During the past 5 years, Ansarada Group's highest Days Sales Outstanding was 79.15. The lowest was 26.95. And the median was 40.16.

ASX:AND's Days Sales Outstanding is ranked better than
71.64% of 2726 companies
in the Software industry
Industry Median: 62.195 vs ASX:AND: 44.64

Ansarada Group's Days Sales Outstanding increased from Dec. 2022 (35.24) to Dec. 2023 (48.37).

Ansarada Group Days Sales Outstanding Historical Data

The historical data trend for Ansarada Group'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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Ansarada Group Days Sales Outstanding Chart

Ansarada Group Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

79.15

26.95

38.09

42.22

Ansarada Group Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Sales Outstanding	Get a 7-Day Free Trial			36.56	35.55	35.24	41.50	48.37

Competitive Comparison of Ansarada Group's Days Sales Outstanding

For the Software - Application subindustry, Ansarada Group'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.

Ansarada Group's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Ansarada Group's Days Sales Outstanding falls into.

Ansarada Group 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.

Ansarada Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (5.149	+	6.701)	/	2 )	/	51.228	*	365
=	5.925					/	51.228	*	365
=	42.22

Ansarada Group'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
=	( (6.701	+	7.815)	/	2 )	/	27.383	*	365 / 2
=	7.258					/	27.383	*	365 / 2
=	48.37

Ansarada Group (ASX:AND) Days Sales Outstanding Explanation

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

Ansarada Group Days Sales Outstanding Related Terms

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Ansarada Group (ASX:AND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ansarada Group Ltd (ASX:AND) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 George Street, Level 2, The Rocks, Sydney, NSW, AUS, 2000

Website

https://www.ansarada.com

Ansarada Group Ltd formerly thedocyard Ltd develops and provides cloud-based software for legal and finance organizations. It operates as a Software as a Service (SaaS) model with its clients being organizations that undertake complex transactions such as legal and accounting firms, corporate and financial advisers, financial institutions, and listed or multinational companies. Some services provided are Workflow management, Collaboration, Secure document management, and Project Management. Geographically, the majority of the business is done in the Australian market. The Group derives its revenue from subscription or transactional usage fees from customers for access to its cloud-based SaaS platform.

Ansarada Group (ASX:AND) Headlines

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