Raketech Group Holding (OSTO:RAKE) Days Sales Outstanding : 34.44 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Raketech Group Holding Days Sales Outstanding?

Raketech Group Holding's average Accounts Receivable for the three months ended in Dec. 2023 was kr96.2 Mil. Raketech Group Holding's Revenue for the three months ended in Dec. 2023 was kr254.9 Mil. Hence, Raketech Group Holding's Days Sales Outstanding for the three months ended in Dec. 2023 was 34.44.

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

OSTO:RAKE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 17.69 Med: 28.61 Max: 164.19
Current: 34.47

During the past 9 years, Raketech Group Holding's highest Days Sales Outstanding was 164.19. The lowest was 17.69. And the median was 28.61.

OSTO:RAKE's Days Sales Outstanding is ranked better than
82.08% of 1021 companies
in the Media - Diversified industry
Industry Median: 69.25 vs OSTO:RAKE: 34.47

Raketech Group Holding's Days Sales Outstanding increased from Dec. 2022 (28.72) to Dec. 2023 (34.44).

Raketech Group Holding Days Sales Outstanding Historical Data

The historical data trend for Raketech Group Holding'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.

Raketech Group Holding Days Sales Outstanding Chart

Raketech Group Holding Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

28.87

23.38

18.64

18.34

17.69

Raketech Group Holding 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															28.72	32.00	43.13	44.33	34.44

Competitive Comparison of Raketech Group Holding's Days Sales Outstanding

For the Advertising Agencies subindustry, Raketech Group Holding'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.

Raketech Group Holding's Days Sales Outstanding Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Raketech Group Holding's Days Sales Outstanding distribution charts can be found below:

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

Raketech Group Holding 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.

Raketech Group Holding'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
=	( (34.498	+	49.722)	/	2 )	/	869.021	*	365
=	42.11					/	869.021	*	365
=	17.69

Raketech Group Holding'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
=	( (142.706	+	49.722)	/	2 )	/	254.941	*	365 / 4
=	96.214					/	254.941	*	365 / 4
=	34.44

Raketech Group Holding (OSTO:RAKE) Days Sales Outstanding Explanation

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

Raketech Group Holding Days Sales Outstanding Related Terms

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

Raketech Group Holding (OSTO:RAKE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Raketech Group Holding PLC (OSTO:RAKE) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Fawwara building, Soho office, The Strand, Triq l-Imsida, Gzira, MLT, GZR 1401

Website

https://www.raketech.com

Raketech Group Holding PLC operates as an online affiliate and performance marketing company. Its primary business involves offering products that guide users in the iGaming market who are interested in sports and gambling, to gambling services. Its portfolio includes Casinos, Sports, and Crypto. It also offers its services as a software (sub-affiliation) and provides data-driven betting advice to consumers and its primary goal is to generate high-quality leads and targeted advertisement space by providing relevant and engaging content to users interested in sports, casinos, and betting. Its Services include Affiliation-as-a service, Affiliation marketing, and Betting tips & subscription.

Raketech Group Holding (OSTO:RAKE) Headlines

No Headlines