FDM Group (Holdings) (CHIX:FDML) Days Sales Outstanding : 34.75 (As of Jun. 2024)

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What is FDM Group (Holdings) Days Sales Outstanding?

FDM Group (Holdings)'s average Accounts Receivable for the six months ended in Jun. 2024 was £26.7 Mil. FDM Group (Holdings)'s Revenue for the six months ended in Jun. 2024 was £140.2 Mil. Hence, FDM Group (Holdings)'s Days Sales Outstanding for the six months ended in Jun. 2024 was 34.75.

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

CHIX:FDMl' s Days Sales Outstanding Range Over the Past 10 Years
Min: 32.7 Med: 37.98 Max: 57.36
Current: 37.77

During the past 13 years, FDM Group (Holdings)'s highest Days Sales Outstanding was 57.36. The lowest was 32.70. And the median was 37.98.

CHIX:FDMl's Days Sales Outstanding is ranked better than
79.07% of 2718 companies
in the Software industry
Industry Median: 61.355 vs CHIX:FDMl: 37.77

FDM Group (Holdings)'s Days Sales Outstanding declined from Jun. 2023 (36.96) to Jun. 2024 (34.75).

FDM Group (Holdings) Days Sales Outstanding Historical Data

The historical data trend for FDM Group (Holdings)'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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FDM Group (Holdings) Days Sales Outstanding Chart

FDM Group (Holdings) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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39.05

39.01

34.71

34.08

32.70

FDM Group (Holdings) Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Sales Outstanding	Get a 7-Day Free Trial															38.18	37.13	36.96	37.26	34.75

Competitive Comparison of FDM Group (Holdings)'s Days Sales Outstanding

For the Information Technology Services subindustry, FDM Group (Holdings)'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.

FDM Group (Holdings)'s Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where FDM Group (Holdings)'s Days Sales Outstanding falls into.

FDM Group (Holdings) 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.

FDM Group (Holdings)'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
=	( (34.892	+	24.944)	/	2 )	/	333.975	*	365
=	29.918					/	333.975	*	365
=	32.70

FDM Group (Holdings)'s Days Sales Outstanding for the quarter that ended in Jun. 2024 is calculated as:

	Days Sales Outstanding (Q: Jun. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Dec. 2023 )	+	Accounts Receivable (A: Jun. 2024 ))	/	count )	/	Revenue (A: Jun. 2024 )	*	Days in Period
=	( (24.944	+	28.445)	/	2 )	/	140.187	*	365 / 2
=	26.6945					/	140.187	*	365 / 2
=	34.75

FDM Group (Holdings) (CHIX:FDMl) Days Sales Outstanding Explanation

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

FDM Group (Holdings) Days Sales Outstanding Related Terms

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FDM Group (Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » FDM Group (Holdings) PLC (CHIX:FDMl) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

FDDMF:USA FDM.GB:UK FDM:UK 17F:Germany

Address

Cottons Lane, 3rd Floor, Cottons Centre, London, GBR, SE1 2QG

Website

https://www.fdmgroup.com

FDM Group (Holdings) PLC is a holdings company that provides a variety of information technology, or IT, services through its subsidiaries. The company's primary services consist of IT and business consulting with a focus on application development and testing, support, project management, data services, business analysis, business intelligence, and cybersecurity. The company organizes itself into four segments based on geography: United Kingdom, North America, Europe, the Middle East and Africa, and Asia-Pacific. The United Kingdom segment generates the majority of revenue.