Netcad Yazilim AS (IST:NETCD) Days Sales Outstanding: 128.56 (As of Dec. 2024) — Near Median


IST:NETCD Netcad Yazilim AS IST:NETCD
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What is Netcad Yazilim AS Days Sales Outstanding?

Netcad Yazilim AS IST:NETCD -5.58% 30 Days Sales Outstanding is 128.56 as of Dec. 2024, which is 9% below its 10-year median of 140.58. GuruFocus rates IST:NETCD with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,761 Software companies, Netcad Yazilim AS ranks worse than 81.06% on this metric.

Netcad Yazilim AS's average Accounts Receivable for the six months ended in Dec. 2024 was ₺396 Mil. Netcad Yazilim AS's Revenue for the six months ended in Dec. 2024 was ₺1,126 Mil. Hence, Netcad Yazilim AS's Days Sales Outstanding for the six months ended in Dec. 2024 was 64.28.

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

IST:NETCD' s Days Sales Outstanding Range Over the Past 10 Years
Min: 128.56   Med: 140.58   Max: 149.84
Current: 128.56

During the past 3 years, Netcad Yazilim AS's highest Days Sales Outstanding was 149.84. The lowest was 128.56. And the median was 140.58.

IST:NETCD's Days Sales Outstanding is ranked worse than
81.06% of 2761 companies
in the Software industry
Industry Median: 64.39 vs IST:NETCD: 128.56

Netcad Yazilim AS's Days Sales Outstanding declined from Dec. 2022 (149.84) to Dec. 2024 (128.56).

Warning Sign:

If a company's sales outstanding increases, it means it has difficulty collecting payments from its customers.


Netcad Yazilim AS  (IST:NETCD) Days Sales Outstanding Explanation

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


Netcad Yazilim AS Days Sales Outstanding Related Terms


Netcad Yazilim AS Days Sales Outstanding Historical Data

* Premium members only.

The historical data trend for Netcad Yazilim AS'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.

Netcad Yazilim AS Days Sales Outstanding Chart

Netcad Yazilim AS Annual Data
Trend Dec22 Dec23 Dec24
Days Sales Outstanding
149.84 140.58 128.56

Netcad Yazilim AS Semi-Annual Data
Dec22 Dec23 Dec24
Days Sales Outstanding 149.84 140.58 128.56

IST:NETCD vs CRM, SHOP, UBER: Days Sales Outstanding Comparison

For the Software - Application subindustry, Netcad Yazilim 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.


Netcad Yazilim AS Days Sales Outstanding vs Software Industry

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

* The bar in red indicates where Netcad Yazilim AS's Days Sales Outstanding falls into.


IST:NETCD
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Netcad Yazilim AS IST:NETCD
Days Sales Outstanding is just one metric. See GF Score™, valuation, warning signs, and more.
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Netcad Yazilim 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.

Accounts Receivable can be measured by Days Sales Outstanding.

Netcad Yazilim AS's Days Sales Outstanding for the fiscal year that ended in Dec. 2024 is calculated as

Days Sales Outstanding (A: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (352.89 + 440.024) / 2 ) / 1125.559*365
=396.457 / 1125.559*365
=128.56

Netcad Yazilim AS's Days Sales Outstanding for the quarter that ended in Dec. 2024 is calculated as:

Days Sales Outstanding (Q: Dec. 2024 )
=Average Accounts Receivable /Revenue*Days in Period
=( (Accounts Receivable (A: Dec. 2023 ) + Accounts Receivable (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )*Days in Period
=( (352.89 + 440.024) / 2 ) / 1125.559*365 / 2
=396.457 / 1125.559*365 / 2
=64.28

* 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.

Frequently Asked Questions Learn more about Days Sales Outstanding →
What does a Days Sales Outstanding of 128.56 mean?
Netcad Yazilim AS (IST:NETCD) has a Days Sales Outstanding of 128.56 as of Dec. 2024. Days sales outstanding represents the average amount of days a company takes to collect receivables. View historical data on Netcad Yazilim AS and its competitors. This is near median its historical median of 140.58. Over the past decade, Netcad Yazilim AS's Days Sales Outstanding has ranged from 128.56 to 149.84. According to the industry distribution chart, Netcad Yazilim AS ranks #2238 out of 2761 companies in the Software industry, placing it in the top 81.1%.
Is Netcad Yazilim AS's Days Sales Outstanding too high?
Netcad Yazilim AS's current Days Sales Outstanding of 128.56 is near median its 10-year median of 140.58. Over the past 10 years, this metric has ranged from a low of 128.56 to a high of 149.84. The Software industry median Days Sales Outstanding is 64.39. Netcad Yazilim AS's value of 128.56 is 99.7% above this industry median. Based on the distribution chart, Netcad Yazilim AS ranks #2238 out of 2761 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Netcad Yazilim AS has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Netcad Yazilim AS's Days Sales Outstanding compare to CRM and SHOP?
According to the Software industry distribution chart, Netcad Yazilim AS ranks #2238 out of 2761 companies for Days Sales Outstanding. This places Netcad Yazilim AS in the lower half of its industry. The industry median Days Sales Outstanding is 64.39. Netcad Yazilim AS's value of 128.56 is 99.7% above this benchmark. Historically, Netcad Yazilim AS's own Days Sales Outstanding has ranged from 128.56 to 149.84 over the past decade. While the company's 10-year median is 140.58 vs. the industry median of 64.39, Netcad Yazilim 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 64.39, based on 2,761 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. Netcad Yazilim AS's current Days Sales Outstanding of 128.56 is 99.7% 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 Netcad Yazilim AS and its competitors. For the Software industry, the median Days Sales Outstanding is 64.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Netcad Yazilim AS's current Days Sales Outstanding is 128.56, which is near median its own 10-year median of 140.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Netcad Yazilim AS stock overvalued right now?
Netcad Yazilim AS (IST:NETCD) has a current Days Sales Outstanding of 128.56. The current Days Sales Outstanding is 128.56, which is near median its 10-year median of 140.58 and 99.7% above the Software industry median of 64.39. Netcad Yazilim AS's overall GF Score™ is 30/100 with 2 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 Netcad Yazilim AS (IST:NETCD), the current Days Sales Outstanding is 128.56 as of Dec. 2024. 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.

Netcad Yazilim AS Business Description

Address Bilkent Cyber Plaza, Block B, No. 409 Cyberpark, Cankaya, Ankara, TUR, 06800
Netcad Yazilim AS a developer of software in this field in Turkey focused on Geographic Information Systems (GIS), CAD, engineering and smart-city solutions. Its solutions involve Smart Cities, Smart Planning, Digital Mapping, Land Management, Smart Mining, Smart Grid Management, and Smart Transportation.
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