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* 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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Days Sales Outstanding Chart
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
IST:FORTE vs CRM, SHOP, UBER: Days Sales Outstanding Comparison
For the Software - Application subindustry, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Days Sales Outstanding vs Software Industry
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS 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.
* 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.
What does a Days Sales Outstanding of 104.24 mean?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a Days Sales Outstanding of 104.24 as of Jun. 2026. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. This is 10% below median its historical median of 115.44. Over the past decade, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Days Sales Outstanding has ranged from 73.15 to 166.93. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1742 out of 2774 companies in the Software industry, placing it in the top 62.8%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Days Sales Outstanding too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Days Sales Outstanding of 104.24 is 10% below median its 10-year median of 115.44. Over the past 10 years, this metric has ranged from a low of 73.15 to a high of 166.93. The Software industry median Days Sales Outstanding is 60.44. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 104.24 is 72.5% above this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1742 out of 2774 companies in the Software industry, which is below the industry midpoint. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Days Sales Outstanding compare to CRM and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1742 out of 2774 companies for Days Sales Outstanding. This places Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the lower half of its industry. The industry median Days Sales Outstanding is 60.44. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 104.24 is 72.5% above this benchmark. Historically, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's own Days Sales Outstanding has ranged from 73.15 to 166.93 over the past decade. While the company's 10-year median is 115.44 vs. the industry median of 60.44, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Sales Outstanding for a Software company?
The median Days Sales Outstanding among Software companies is 60.44, based on 2,774 companies in the industry. Companies in the top quartile (top 25%) have a Days Sales Outstanding significantly above this median, while those in the bottom quartile fall well below. However, Days Sales Outstanding should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Days Sales Outstanding of 104.24 is 72.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Sales Outstanding mean?
A high Days Sales Outstanding can signal that a stock is expensive relative to its fundamentals. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. For the Software industry, the median Days Sales Outstanding is 60.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Days Sales Outstanding is 104.24, which is 10% below median its own 10-year median of 115.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current Days Sales Outstanding of 104.24. The current Days Sales Outstanding is 104.24, which is 10% below median its 10-year median of 115.44 and 72.5% above the Software industry median of 60.44. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Sales Outstanding calculated?
Days Sales Outstanding is calculated from a company's financial statements. For Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current Days Sales Outstanding is 104.24 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score
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