Smartiks Yazilim AS (IST:SMART) Days Sales Outstanding : 51.52 (As of Dec. 2023)

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What is Smartiks Yazilim AS Days Sales Outstanding?

Smartiks Yazilim AS's average Accounts Receivable for the three months ended in Dec. 2023 was ₺45.1 Mil. Smartiks Yazilim AS's Revenue for the three months ended in Dec. 2023 was ₺79.9 Mil. Hence, Smartiks Yazilim AS's Days Sales Outstanding for the three months ended in Dec. 2023 was 51.52.

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

IST:SMART' s Days Sales Outstanding Range Over the Past 10 Years
Min: 74.48 Med: 134.06 Max: 162.34
Current: 74.48

During the past 8 years, Smartiks Yazilim AS's highest Days Sales Outstanding was 162.34. The lowest was 74.48. And the median was 134.06.

IST:SMART's Days Sales Outstanding is ranked worse than
61.86% of 2724 companies
in the Software industry
Industry Median: 61.74 vs IST:SMART: 74.48

Smartiks Yazilim AS's Days Sales Outstanding increased from Dec. 2022 (32.95) to Dec. 2023 (51.52).

Smartiks Yazilim AS Days Sales Outstanding Historical Data

The historical data trend for Smartiks 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.

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Smartiks Yazilim AS Days Sales Outstanding Chart

Smartiks Yazilim AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Sales Outstanding

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149.09

160.18

162.34

108.66

114.63

Smartiks Yazilim AS Quarterly Data
	Dec18	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															32.95	153.25	77.17	78.62	51.52

Competitive Comparison of Smartiks Yazilim AS's Days Sales Outstanding

For the Software - Infrastructure subindustry, Smartiks 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.

Smartiks Yazilim AS's Days Sales Outstanding Distribution in the Software Industry

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

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

Smartiks 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.

Smartiks Yazilim AS'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
=	( (43.595	+	61.686)	/	2 )	/	167.61	*	365
=	52.6405					/	167.61	*	365
=	114.63

Smartiks Yazilim AS'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
=	( (28.569	+	61.686)	/	2 )	/	79.932	*	365 / 4
=	45.1275					/	79.932	*	365 / 4
=	51.52

Smartiks Yazilim AS (IST:SMART) Days Sales Outstanding Explanation

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

Smartiks Yazilim AS Days Sales Outstanding Related Terms

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Smartiks Yazilim AS (IST:SMART) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Smartiks Yazilim AS (IST:SMART) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

Y?ld?z Teknik Universitesi, Davutpasa Kampusu Teknopark, D2 Blok No Z06, Esenler, Istanbul, TUR

Website

https://www.smartiks.com.tr

Smartiks Yazilim AS is engaged in providing effective business solutions, software development and consultancy services. The services are offered to health, insurance, banking and finance, retail, telecom and various other sectors.

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