Beeks Financial Cloud Group (LSE:BKS) Days Sales Outstanding : 62.68 (As of Dec. 2023)

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What is Beeks Financial Cloud Group Days Sales Outstanding?

Beeks Financial Cloud Group's average Accounts Receivable for the six months ended in Dec. 2023 was £4.47 Mil. Beeks Financial Cloud Group's Revenue for the six months ended in Dec. 2023 was £13.01 Mil. Hence, Beeks Financial Cloud Group's Days Sales Outstanding for the six months ended in Dec. 2023 was 62.68.

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

LSE:BKS' s Days Sales Outstanding Range Over the Past 10 Years
Min: 6.06 Med: 19.11 Max: 72.89
Current: 72.89

During the past 10 years, Beeks Financial Cloud Group's highest Days Sales Outstanding was 72.89. The lowest was 6.06. And the median was 19.11.

LSE:BKS's Days Sales Outstanding is ranked worse than
60.32% of 2737 companies
in the Software industry
Industry Median: 61.8 vs LSE:BKS: 72.89

Beeks Financial Cloud Group's Days Sales Outstanding increased from Dec. 2022 (62.46) to Dec. 2023 (62.68).

Beeks Financial Cloud Group Days Sales Outstanding Historical Data

The historical data trend for Beeks Financial Cloud Group'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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Beeks Financial Cloud Group Days Sales Outstanding Chart

Beeks Financial Cloud Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Sales Outstanding

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24.67

27.04

28.03

19.11

24.86

Beeks Financial Cloud Group Semi-Annual Data
	Jun15	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												45.48	31.44	62.46	62.09	62.68

Competitive Comparison of Beeks Financial Cloud Group's Days Sales Outstanding

For the Software - Infrastructure subindustry, Beeks Financial Cloud Group'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.

Beeks Financial Cloud Group's Days Sales Outstanding Distribution in the Software Industry

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

* The bar in red indicates where Beeks Financial Cloud Group's Days Sales Outstanding falls into.

Beeks Financial Cloud Group 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.

Beeks Financial Cloud Group's Days Sales Outstanding for the fiscal year that ended in Jun. 2023 is calculated as

	Days Sales Outstanding (A: Jun. 2023 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Jun. 2022 )	+	Accounts Receivable (A: Jun. 2023 ))	/	count )	/	Revenue (A: Jun. 2023 )	*	Days in Period
=	( (0.956	+	2.139)	/	2 )	/	22.718	*	365
=	1.5475					/	22.718	*	365
=	24.86

Beeks Financial Cloud Group'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
=	( (2.139	+	6.794)	/	2 )	/	13.005	*	365 / 2
=	4.4665					/	13.005	*	365 / 2
=	62.68

Beeks Financial Cloud Group (LSE:BKS) Days Sales Outstanding Explanation

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

Beeks Financial Cloud Group Days Sales Outstanding Related Terms

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Beeks Financial Cloud Group (LSE:BKS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Beeks Financial Cloud Group PLC (LSE:BKS) » Definitions » Days Sales Outstanding

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Traded in Other Exchanges

N/A

Address

2 Kings Inch Way, Riverside Building, Renfrew, Renfrew, Renfrewshire, GBR, PA4 8YU

Website

https://www.beeksgroup.com

Beeks Financial Cloud Group PLC is a technology company that provides services like Trading Infrastructure, Managed Cloud, On Demand compute, Connectivity, Analytics and Open Finance to enterprises functioning in capital markets and financial services industry. The operating segments of the company are Public/Private Cloud and Proximity Cloud/Exchange Cloud with the majority of the revenue being generated from the Public/Private Cloud segment. Geographically, the company operates in United Kingdom, Europe, United States and Rest of the world. A substantial portion of its overall revenue is generated from its business in United States.