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CTS Eventim AG. KGaA (CTS Eventim AG. KGaA) Days Sales Outstanding : 7.95 (As of Dec. 2023)


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What is CTS Eventim AG. KGaA Days Sales Outstanding?

CTS Eventim AG. KGaA's average Accounts Receivable for the three months ended in Dec. 2023 was $155 Mil. CTS Eventim AG. KGaA's Revenue for the three months ended in Dec. 2023 was $1,777 Mil. Hence, CTS Eventim AG. KGaA's Days Sales Outstanding for the three months ended in Dec. 2023 was 7.95.

The historical rank and industry rank for CTS Eventim AG. KGaA's Days Sales Outstanding or its related term are showing as below:

CEVMF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 21.51   Med: 38.18   Max: 139.36
Current: 21.51

During the past 13 years, CTS Eventim AG. KGaA's highest Days Sales Outstanding was 139.36. The lowest was 21.51. And the median was 38.18.

CEVMF's Days Sales Outstanding is ranked better than
91.49% of 1022 companies
in the Media - Diversified industry
Industry Median: 69.425 vs CEVMF: 21.51

CTS Eventim AG. KGaA's Days Sales Outstanding declined from Dec. 2022 (10.33) to Dec. 2023 (7.95).


CTS Eventim AG. KGaA Days Sales Outstanding Historical Data

The historical data trend for CTS Eventim AG. KGaA'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.

CTS Eventim AG. KGaA Days Sales Outstanding Chart

CTS Eventim AG. KGaA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Sales Outstanding
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.74 129.90 72.37 26.74 24.78

CTS Eventim AG. KGaA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Sales Outstanding Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.33 33.16 17.34 - 7.95

Competitive Comparison of CTS Eventim AG. KGaA's Days Sales Outstanding

For the Entertainment subindustry, CTS Eventim AG. KGaA'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.


CTS Eventim AG. KGaA's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CTS Eventim AG. KGaA's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where CTS Eventim AG. KGaA's Days Sales Outstanding falls into.



CTS Eventim AG. KGaA 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.

CTS Eventim AG. KGaA'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
=( (167.773 + 181.39) / 2 ) / 2572.031*365
=174.5815 / 2572.031*365
=24.78

CTS Eventim AG. KGaA'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: Sep. 2023 ) + Accounts Receivable (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )*Days in Period
=( (128.179 + 181.39) / 2 ) / 1776.725*365 / 4
=154.7845 / 1776.725*365 / 4
=7.95

* 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.


CTS Eventim AG. KGaA  (OTCPK:CEVMF) Days Sales Outstanding Explanation

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


CTS Eventim AG. KGaA Days Sales Outstanding Related Terms

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CTS Eventim AG. KGaA (CTS Eventim AG. KGaA) Business Description

Traded in Other Exchanges
Address
Contrescarpe 75 A, Bremen, HB, DEU, 28195
CTS Eventim AG & Co. KGaA is a diversified media company that focuses on the ticketing market. The business is divided into two segments, ticketing, and live entertainment. The ticketing segment produces, sells, and distributes tickets for a variety of leisure-based events. The company sells tickets for concerts, sports, theater events, and provides travel services as well. The live entertainment business segment plans and organizes tour events, largely for music-based concerts. The company generates the vast majority of its revenue in Germany.

CTS Eventim AG. KGaA (CTS Eventim AG. KGaA) Headlines