Appen (APPEF) Days Sales Outstanding : 62.15 (As of Dec. 2023)

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What is Appen Days Sales Outstanding?

Appen's average Accounts Receivable for the six months ended in Dec. 2023 was $45.7 Mil. Appen's Revenue for the six months ended in Dec. 2023 was $134.1 Mil. Hence, Appen's Days Sales Outstanding for the six months ended in Dec. 2023 was 62.15.

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

APPEF' s Days Sales Outstanding Range Over the Past 10 Years
Min: 44.9 Med: 54.83 Max: 73.24
Current: 68.23

During the past 9 years, Appen's highest Days Sales Outstanding was 73.24. The lowest was 44.90. And the median was 54.83.

APPEF's Days Sales Outstanding is ranked worse than
56.63% of 2730 companies
in the Software industry
Industry Median: 61.83 vs APPEF: 68.23

Appen's Days Sales Outstanding increased from Dec. 2022 (46.09) to Dec. 2023 (62.15).

Appen Days Sales Outstanding Historical Data

The historical data trend for Appen'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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Appen Days Sales Outstanding Chart

Appen Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

Get a 7-Day Free Trial

59.89

51.59

55.83

70.41

73.57

Appen Semi-Annual Data
	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													46.94	64.40	46.09	69.38	62.15

Competitive Comparison of Appen's Days Sales Outstanding

For the Information Technology Services subindustry, Appen'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.

Appen's Days Sales Outstanding Distribution in the Software Industry

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

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

Appen 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.

Appen'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
=	( (62.195	+	47.869)	/	2 )	/	273.012	*	365
=	55.032					/	273.012	*	365
=	73.57

Appen'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
=	( (43.45	+	47.869)	/	2 )	/	134.073	*	365 / 2
=	45.6595					/	134.073	*	365 / 2
=	62.15

Appen (OTCPK:APPEF) Days Sales Outstanding Explanation

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

Appen Days Sales Outstanding Related Terms

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Appen (APPEF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Appen Ltd (OTCPK:APPEF) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

APXYY:USA 433:Germany APX:Australia

Address

9 Help Street, Level 6, Chatswood, Sydney, NSW, AUS, 2067

Website

https://www.appen.com

Appen Ltd is engaged in the provision of quality data solutions and services for machine learning and artificial intelligence applications for technology companies, auto manufacturers and government agencies. The company's business segments are Global services and New markets. It generates maximum revenue from the Global services segment. Geographically, it derives a majority of its revenue from the united states of America.