K3 Business Technology Group (LSE:KBT) Days Sales Outstanding : 109.15 (As of Nov. 2024)

View and export this data going back to 2001. Start your Free Trial

What is K3 Business Technology Group Days Sales Outstanding?

K3 Business Technology Group's average Accounts Receivable for the six months ended in Nov. 2024 was £4.63 Mil. K3 Business Technology Group's Revenue for the six months ended in Nov. 2024 was £7.75 Mil. Hence, K3 Business Technology Group's Days Sales Outstanding for the six months ended in Nov. 2024 was 109.15.

The historical rank and industry rank for K3 Business Technology Group's Days Sales Outstanding or its related term are showing as below:

LSE:KBT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 56.09 Med: 76.25 Max: 108.89
Current: 76.91

During the past 13 years, K3 Business Technology Group's highest Days Sales Outstanding was 108.89. The lowest was 56.09. And the median was 76.25.

LSE:KBT's Days Sales Outstanding is ranked worse than
63.18% of 2735 companies
in the Software industry
Industry Median: 63.03 vs LSE:KBT: 76.91

K3 Business Technology Group's Days Sales Outstanding increased from Nov. 2023 (92.58) to Nov. 2024 (109.15).

K3 Business Technology Group Days Sales Outstanding Historical Data

The historical data trend for K3 Business Technology 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.

* Premium members only.

K3 Business Technology Group Days Sales Outstanding Chart

K3 Business Technology Group Annual Data

Trend

Jun14

Jun15

Jun16

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Days Sales Outstanding

Get a 7-Day Free Trial

84.78

56.09

59.46

74.07

61.88

K3 Business Technology Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Days Sales Outstanding	Get a 7-Day Free Trial															48.00	58.89	92.58	72.04	109.15

Competitive Comparison of K3 Business Technology Group's Days Sales Outstanding

For the Information Technology Services subindustry, K3 Business Technology 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.

K3 Business Technology Group's Days Sales Outstanding Distribution in the Software Industry

For the Software industry and Technology sector, K3 Business Technology Group's Days Sales Outstanding distribution charts can be found below:

* The bar in red indicates where K3 Business Technology Group's Days Sales Outstanding falls into.

Save Embed

;

Save Embed

;

K3 Business Technology 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.

K3 Business Technology Group's Days Sales Outstanding for the fiscal year that ended in Nov. 2024 is calculated as

	Days Sales Outstanding (A: Nov. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: Nov. 2023 )	+	Accounts Receivable (A: Nov. 2024 ))	/	count )	/	Revenue (A: Nov. 2024 )	*	Days in Period
=	( (5.407	+	2.465)	/	2 )	/	23.217	*	365
=	3.936					/	23.217	*	365
=	61.88

K3 Business Technology Group's Days Sales Outstanding for the quarter that ended in Nov. 2024 is calculated as:

	Days Sales Outstanding (Q: Nov. 2024 )
=	Average Accounts Receivable					/	Revenue	*	Days in Period
=	( (Accounts Receivable (A: May. 2024 )	+	Accounts Receivable (A: Nov. 2024 ))	/	count )	/	Revenue (A: Nov. 2024 )	*	Days in Period
=	( (6.804	+	2.465)	/	2 )	/	7.749	*	365 / 2
=	4.6345					/	7.749	*	365 / 2
=	109.15

K3 Business Technology Group (LSE:KBT) Days Sales Outstanding Explanation

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

K3 Business Technology Group Days Sales Outstanding Related Terms

Thank you for viewing the detailed overview of K3 Business Technology Group's Days Sales Outstanding provided by GuruFocus.com. Please click on the following links to see related term pages.

K3 Business Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » K3 Business Technology Group PLC (LSE:KBT) » Definitions » Days Sales Outstanding

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Kansas Avenue, Baltimore House, Manchester, GBR, M50 2GL

Website

https://www.k3btg.com

K3 Business Technology Group PLC is a business technology group. The company provides integrated business solutions including enterprise resource planning software, customer relationship management software, business intelligence, e-commerce, hosting, and managed services to the supply chain industry. It serves retail, manufacturing, and distribution customers. The company's segments include K3 Own IP, Global Accounts, and Third party products. It has operations in the United Kingdom, Netherlands, Ireland, the Middle East, the Rest of Europe, the USA, and the Rest of the World.

K3 Business Technology Group Headlines

No Headlines